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Preference Signaling in Matching Markets
Coles, Peter A. - 2010
on this information. In this paper we study how a signaling mechanism, where each worker can send a signal of interest to … ready to provide information about their preferences for particular employers, and employers value and are prepared to act … one employer, facilitates matches in such markets. We find that introducing a signaling mechanism increases the welfare of …
Persistent link: https://www.econbiz.de/10013141266
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Short-Time Work Subsidies in a Matching Model
Meier, Volker - 2019
demand and reduced working hours so as to stabilize workers’ income. In a matching framework such an arrangement increases …
Persistent link: https://www.econbiz.de/10012892292
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Decentralised job matching
Haeringer, Guillaume; Wooders, Myrna Holtz - 2003
unique outcome, the worker-optimal matching. …
Persistent link: https://www.econbiz.de/10011593289
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Credible group stability in multi-partner matching problems
Konishi, Hideo; Ünver, M. Utku - 2003
It is known that in two-sided many-to-many matching markets, pair-wise stability is not logically related with the … (weak) core, unlike in many-to-one matching markets (Blair, 1988). In this paper, we seek a theoretical foundation for …-partner matching problem that includes two-sided matching problems as special cases. Under the same preference restriction, we also …
Persistent link: https://www.econbiz.de/10011593632
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Screening with Multitasking
Dinerstein, Michael; Opper, Isaac - 2022
What happens when employers would like to screen their employees but only observe a subset of output? We specify a model in which heterogeneous employees respond by producing more of the observed output at the expense of the unobserved output. Though this substitution distorts output in the...
Persistent link: https://www.econbiz.de/10014079145
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Matching markets with signals
Kushnir, Alexey - 2009
information between firms and workers and show that costless signaling is actually harmful in some matching markets. Specifically …A costless signaling mechanism has been proposed as a device to improve welfare in decentralized two-sided matching … facilitates match formation. -- Matching Markets ; Signaling …
Persistent link: https://www.econbiz.de/10008811007
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Motivation, resources and the organization of the school system
Albornoz, Facundo; Berlinski, Samuel G.; Cabrales, Antonio - 2016
This paper studies a model where student effort and talent interact with parental and teachers' investments, as well as with school system resources. The model is rich, yet sufficiently stylized to provide novel implications. It can show, for example, that an improvement in parental outside...
Persistent link: https://www.econbiz.de/10011521209
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Optimal Linear Income Taxation and Education Subsidies Under Skill-Biased Technical Change
Jacobs, Bas; Thuemmel, Uwe - 2021
This paper studies how linear tax and education policy should optimally respond to skill-biased technical change (SBTC). SBTC affects optimal taxes and subsidies by changing i) direct distributional benefits, ii) indirect redistributional effects due to wage-(de)compression, and iii) education...
Persistent link: https://www.econbiz.de/10013251267
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Minimally Altruistic Wages and Unemployment in a Matching Model
Rotemberg, Julio J. - 2010
This paper presents a model in which firms recruit both unemployed and employed workers by posting vacancies. Firms act monopsonistically and set wages to retain their existing workers as well as to attract new ones. The model differs from Burdett and Mortensen (1998) in that its assumptions...
Persistent link: https://www.econbiz.de/10012759577
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Mismatch
Shimer, Robert - 2010
This paper develops a dynamic model of mismatch. Workers and jobs are randomly assigned to labor markets. Each labor market clears at each instant but some labor markets have more workers than jobs, hence unemployment, and some have more jobs than workers, hence vacancies. As workers and jobs...
Persistent link: https://www.econbiz.de/10012761787