Showing 1 - 10 of 12
In this paper I address theoretically and assess empirically the effect of impatience on workers’ on-the-job behavior. Theoretically, short-run impatience explains several empirical regularities concerning job mobility and account for different on-the-job behaviors. On-the-job search on one...
Persistent link: https://www.econbiz.de/10005703733
We analyze the effect of exposure to international trade on earnings and employment of U.S. workers from 1992 through 2007 by exploiting industry shocks to import competition stemming from China's spectacular rise as a manufacturing exporter paired with longitudinal data on individual earnings...
Persistent link: https://www.econbiz.de/10010959580
The statement that individuals care for status and for their position within a hierarchy has been subject to sparse economic analysis. I check this assertion by analyzing wages and status within the firm, with status measured as the worker rank in the firm wage hierarchy. More precisely, I focus...
Persistent link: https://www.econbiz.de/10005703295
Labour economists have been increasingly interested in the impact of technological change upon employment and unemployment. However, the predominant focus of empirical studies has been on employment and unemployment stocks, whereas technological change is more likely to affect the flows of...
Persistent link: https://www.econbiz.de/10005703515
In this paper we question the hypothesis of full rationality in the context of job changing behavior, via simple econometric explorations on microdata drawn from WHIP (Worker Histories Italian Panel). A rational outcome of the job matching process implies a positive tradeoff between future wages...
Persistent link: https://www.econbiz.de/10005703563
We investigate various stylized facts on wage growth, labor mobility and firm size, to date unexplored in Italy. Using a wage decomposition that allows to separate "individual premiums" from firm-effects, we ascertain: (1) whether movers are better off than stayers; (2) whether firm size affects...
Persistent link: https://www.econbiz.de/10005763527
Using data from the German Socio-Economic Panel (GSOEP) effects of being individually affected by downward wage rigidity on layoffs, quits and intra-firm mobility are investigated. We measure the individual extent of wage rigidity within a structural empirical model that allows us to estimate...
Persistent link: https://www.econbiz.de/10005763885
We estimate a model of the joint participation and mobility along with the individuals’ wage formation in France. Our model makes it possible to distinguish between unobserved person heterogeneity and state-dependence. We estimate the model using state of the art bayesian methods employing a...
Persistent link: https://www.econbiz.de/10005761859
In Silicon Valley's computer cluster, skilled employees are reported to move rapidly between competing firms. This job-hopping facilitates the reallocation of resources towards firms with superior innovations, but it also creates human capital externalities that reduce incentives to invest in...
Persistent link: https://www.econbiz.de/10005762119
We investigate unemployment due to mismatch in the US over the past three decades. We propose an accounting framework that allows us to estimate the overall amount of mismatch unemployment as well as the contribution of the frictions that caused the mismatch. Mismatch is quantitatively important...
Persistent link: https://www.econbiz.de/10011196643