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coupled with a higher responsiveness of real wages to the business cycle. We capture this shift in the structure of labor …
Persistent link: https://www.econbiz.de/10009019260
accumulation process. The model integrates efficiency wages due to imperfect monitoring of the quality of labour in a search and … wages may prevail in equilibrium: the large movements in unemployment are indeed associated with real wage rigidity, which … is generated endogenously by efficiency wages. …
Persistent link: https://www.econbiz.de/10011099655
Social Security records covering the universe of worker-firm matches in a tight labor market in Northern Italy. Unlike …, we control for pre-displacement wages and employment status as well as descriptions of pre-displacement firms and their … of entry wages and subsequent job stability. …
Persistent link: https://www.econbiz.de/10005111566
period 1987- 2001, we find that the substantial immigration of the 1990's had no adverse effects on native wages and …
Persistent link: https://www.econbiz.de/10005111553
wages of other unions and the reaction-function of the CB as given. …
Persistent link: https://www.econbiz.de/10005640916
summarized by an aggregate matching function relating the number of job matches to total unemployment and total vacancies. Most …
Persistent link: https://www.econbiz.de/10005113517
The labour market status of many non-working persons is at the boundary between unemployment and inactivity. Like the unemployed, they seek and are available for work; unlike them, their last search action was not recent enough to meet the ILO definition of unemployment. In this paper we examine...
Persistent link: https://www.econbiz.de/10005113569
I analyze empirically the effects of both urban and industrial agglomeration on men�s and women�s search behavior and on the efficiency of matching. The analysis is based on a unique panel data set from the Italian Labor Force Survey micro-data, which covers 520 randomly drawn Local...
Persistent link: https://www.econbiz.de/10005609325
One of the most widely cited labour market indicators, the unemployment rate, is based on a conventional definition of unemployment. In Italy, following the ILO recommendations, the �unemployed� category comprises all persons who state to look for a job, to be immediately available for...
Persistent link: https://www.econbiz.de/10005609380
We propose a structural model of two-sided matching and a semi-parametric procedure for its estimation that allow to analyze determinants of managers’ compensation such as firm’s and manager’s quality, production technology, bargaining power and inter-temporal preferences. We use the...
Persistent link: https://www.econbiz.de/10011184260