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prevalence of social networks in job search there is as yet no consensus on the mechanisms for why referrals are so important: an …
Persistent link: https://www.econbiz.de/10014296518
I develop an equilibrium, two-sided search model of marriage with endogenous population growth to study the interaction …
Persistent link: https://www.econbiz.de/10008682247
A large part of the literature on frictional matching in the labor market assumes bilateral meetings between workers … equilibrium search model of the labor market with an endogenous number of contacts between workers and firms. Workers contact … estimated parameter values welfare is improved if unemployed workers increase their search intensity. …
Persistent link: https://www.econbiz.de/10008805621
first result shows that the economy always generates the right number of jobs. However, with random search firms under …-invest in capital due to a hold-up problem. In contrast, if workers can direct their search to firms with different capital …
Persistent link: https://www.econbiz.de/10010261761
It is commonly observed that over time and across societies, women tend to marry older men. The traditional explanation for this phenomenon is that wages increase with age and hence older men are more attractive in the marriage market. This explanation, however, involves an implicit assumption...
Persistent link: https://www.econbiz.de/10010261842
information about the return to transactions with particular agents. In a search framework, signaling supports not simply a …
Persistent link: https://www.econbiz.de/10010262133
I develop an equilibrium, two-sided search model of marriage with endogenous population growth to study the interaction …
Persistent link: https://www.econbiz.de/10010274600
A large part of the literature on frictional matching in the labor market assumes bilateral meetings between workers … equilibrium search model of the labor market with an endogenous number of contacts between workers and firms. Workers contact … estimated parameter values welfare is improved if unemployed workers increase their search intensity. …
Persistent link: https://www.econbiz.de/10010278320
increase in the option value of search: with better ability to differentiate offer quality, workers become choosier and … ultimately have better migration experiences. This offers a new perspective on the importance of information and matching …
Persistent link: https://www.econbiz.de/10012882521
We study the steady state of an overlapping generations economy where singles search for spouses. In our model economy … their spouses. The matching function depends on the single sex-ratios which are endogenous. Our model economy has only two … free parameters: the search friction and the utility share of bearing children. We choose their values to match the median …
Persistent link: https://www.econbiz.de/10005763512