Showing 1 - 8 of 8
A significant gap exists in the UK between the employment rate for Ethnic Minorities and that for Whites. From a policy perspective, it is important to know whether this gap is due to differences in the characteristics of White and Ethnic Minority groups (which reduce the employability of Ethnic...
Persistent link: https://www.econbiz.de/10005667048
. Another critical condition is required for this to generate higher productivity: complementarity of worker and firm quality in … the production function. Using establishment level productivity regressions, we show that such complementarity is found in … assortative matching is an important source of the urban productivity premium. …
Persistent link: https://www.econbiz.de/10005497954
In the "size of stakes" view quantitatively formalized in Gabaix and Landier (2008), CEO compensation is determined in a competitive talent market, and re flects the size of firms affected by talent. This paper offers empirical update on this view. The years 2004-2011, which include the recent...
Persistent link: https://www.econbiz.de/10011145470
productivity. We provide empirical evidence to support our argument. …
Persistent link: https://www.econbiz.de/10005789165
We analyse the efficiency of the labour market outcome in a competitive search equilibrium model with endogenous turnover and endogenous general human capital formation. We show that search frictions do not distort training decisions if firms and their employees are able to coordinate...
Persistent link: https://www.econbiz.de/10005661864
productivity and efficiency via its impact on sorting and matching in the labor market. Some of the most recent contributions also …
Persistent link: https://www.econbiz.de/10011083458
We develop a neoclassical trade model with heterogeneous factors of production. We consider a world with two factors, labor and "managers", each with a distribution of ability levels. Production combines a manager of some type with a group of workers. The output of a unit depends on the types of...
Persistent link: https://www.econbiz.de/10011084509
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this Paper we analyse a model with search frictions and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after imposition, the...
Persistent link: https://www.econbiz.de/10005666625