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Efficient Unemployment Insurance Time Path

Blumkin, Tomer; Hadar, Yossi; Yashiv, Eran - C.E.P.R. Discussion Papers - 2003

The Paper examines the time sequencing of UI benefits in a general equilibrium framework, with random matching and … endogenously determined wages. A key feature of the model is that policymakers exploit random matching to produce some assortative … matching through UI policy. The Paper considers a mechanism whereby a declining UI time profile makes unemployed workers …

Persistent link: https://www.econbiz.de/10005123852

Offshoring and the Role of Trade Agreements

Antràs, Pol; Staiger, Robert - C.E.P.R. Discussion Papers - 2008

, contracts governing these transactions are incomplete, and the matching between final-good producers and input suppliers may …

Persistent link: https://www.econbiz.de/10005123895

Career Progression and Formal versus On-the-Job Training

Adda, Jérôme; Dustmann, Christian; Meghir, Costas; … - C.E.P.R. Discussion Papers - 2007

We develop a dynamic discrete choice model of training choice, employment and wage growth, allowing for job mobility, in a world where wages depend on firm-worker matches, as well as experience and tenure and jobs take time to locate. We estimate this model on a large administrative panel data...

Persistent link: https://www.econbiz.de/10005124058

Higher Education Levels, Firm's Outside Options and the Wage Structure

Rosén, Åsa; Wasmer, Etienne - C.E.P.R. Discussion Papers - 2002

We analyse the consequences of an increase in the supply of highly educated workers on relative and real wages in a search model where wages are set by Nash-bargaining. The key insight is that an increase in the supply of highly educated workers improves the firms’ outside option. As a...

Persistent link: https://www.econbiz.de/10005124122

Evaluating the Performance of the Search and Matching Model

Yashiv, Eran - C.E.P.R. Discussion Papers - 2005

Does the search and matching model fit aggregate US labour market data? While the model has become an important tool of …

Persistent link: https://www.econbiz.de/10005124215

Legal Costs as Barriers to Trade

Turrini, Alessandro Antonio; van Ypersele, Tanguy - C.E.P.R. Discussion Papers - 2006

legal costs are higher when business is done abroad. Using a matching model of trade, we show that legal costs asymmetry …

Persistent link: https://www.econbiz.de/10005124219

Interpreting European and US Labour Market Differences: The Specificity of Human Capital Investments

Wasmer, Etienne - C.E.P.R. Discussion Papers - 2003

This Paper suggests that in the US context, workers tend to invest in general human capital especially since they face little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration of jobs) favours specific human capital investments....

Persistent link: https://www.econbiz.de/10005124257

Cross-Section Estimation of the Matching Function: Evidence from England and Wales

Coles, Melvyn G; Smith, Eric - C.E.P.R. Discussion Papers - 1994

employment -- the worker-firm `matching function'. In particular we test the robustness of previous empirical work by checking …

Persistent link: https://www.econbiz.de/10005124473

The Return to Knowledge Hierarchies

Garicano, Luis; Hubbard, Thomas - C.E.P.R. Discussion Papers - 2007

Hierarchies allow individuals to leverage their knowledge through others' time. This mechanism increases productivity and amplifies the impact of skill heterogeneity on earnings inequality. To quantify this effect, we analyze the earnings and organization of U.S. lawyers and use the equilibrium...

Persistent link: https://www.econbiz.de/10005136470

Marketplaces and Matching

Coles, Melvyn G; Smith, Eric - C.E.P.R. Discussion Papers - 1994

behaviour describes matching patterns between unemployed job seekers and vacancies in UK Job Centres. …

Persistent link: https://www.econbiz.de/10005136487