Showing 1 - 10 of 2,150
Persistent link: https://www.econbiz.de/10012040711
The objective of this paper is to study equilibrium in a labour market, in which workers search on the job and firms … arise purely from firms' optimal response to labour market competition brought about by workers' on-the-job search. We …
Persistent link: https://www.econbiz.de/10005085583
Labour market analysis places much emphasis on the concept of search. But there is insufficient empirical information … on (a) the relationship between reported search and job-finding and (b) how search behaviour changes over a spell without … classification of "unemployment" and "out of the labour force". Transitions during joblessness in and out of search and the various …
Persistent link: https://www.econbiz.de/10005497834
We survey the microfoundations, empirical evidence and estimation issues underlying the aggregate matching function. Several microeconomic matching mechanisms have been suggested in the literature with some successes but none is generally accepted as superior to all others. Instead, an aggregate...
Persistent link: https://www.econbiz.de/10005114438
This study develops an on-the-job search model involving spatial structure. In this model, workers are either employed … and commute frequently to a central business district (CBD) or unemployed and commute less frequently to the CBD in search … of jobs. When an unemployed worker succeeds in off-the-job search, the quality of the job match is determined …
Persistent link: https://www.econbiz.de/10010577542
widely-applicable description of firms' behavior in labor markets. In Manning's view, search frictions in the labor market …
Persistent link: https://www.econbiz.de/10005437902
Mobility restrictions (e.g., severance payment, life-long tenure, and divorce ban) are widely observed. I present a partnership model that highlights the 'break-up externality' (i.e., the negative effect of a person's break-up decision on his current partner). Under this externality, there is...
Persistent link: https://www.econbiz.de/10005085585
be attributed to unobserved components in those characteristics. An assignment model with search frictions provides a …. The impact of search frictions on wages is large. Our results relate to the literature on industry wage differentials, on … structural identification in hedonic models, and on wage posting versus Nash bargaining in search models. …
Persistent link: https://www.econbiz.de/10005666739
This paper examines competitive search equilibrium when workers' effort choice and 'type' are private information. We …
Persistent link: https://www.econbiz.de/10005123973
This paper discusses the interrelations among wealth, reservation wages and search effort. A theoretical job search … model predicts wealth to affect reservation wages positively, and search effort negatively. Subsequently, reduced form … equations for reservation wages and search intensity take these theoretical results to the data. The data used is a Dutch panel …
Persistent link: https://www.econbiz.de/10010906765