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How Large are Search Frictions?
Gautier, Pieter A; Teulings, Coen N - C.E.P.R. Discussion Papers - 2003
This Paper presents strong evidence for the concavity of wages in job and worker characteristics by adding second order terms to a Mincerian earnings function for six OECD countries. Under a standard normality assumption, this concavity cannot be attributed to unobserved components in those...
Persistent link: https://www.econbiz.de/10005666739
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Rural Windfall or a New Resource Curse? Coca, Income and Civil Conflict in Colombia
Angrist, Joshua; Kugler, Adriana D. - C.E.P.R. Discussion Papers - 2005
gains in rural areas, primarily in the form of increased self-employment earnings and increased labour supply by teenage …
Persistent link: https://www.econbiz.de/10005124245
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Structural Change and Unemployment in Central and Eastern Europe: Some Key Issues
Burda, Michael C - C.E.P.R. Discussion Papers - 1994
Labour markets in Central and Eastern Europe (CEE) will be a key vehicle for the expression and reallocation of skills and talents in the transformation process. To a large extent, the emergence of unemployment is an indicator of this restructuring and reallocation. This paper surveys some of...
Persistent link: https://www.econbiz.de/10005792263
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A Theory of Wages and Labour Demand with Intra-firm Bargaining and Matching Frictions
Cahuc, Pierre; Marque, François; Wasmer, Etienne - C.E.P.R. Discussion Papers - 2004
, unemployment and capital accumulation. First, we recover the partial equilibrium over-employment phenomenon put to the fore by … Stole and Zwiebel (1996a,b) at the firm level, according to which the bargaining power of workers increases employment …. Further, with heterogeneous labour, higher relative bargaining power for some groups leads quite generally to over-employment …
Persistent link: https://www.econbiz.de/10005123941
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Incentives in Competitive Search Equilibrium and Wage Rigidity
Moen, Espen R; Rosén, Åsa - C.E.P.R. Discussion Papers - 2006
This paper examines competitive search equilibrium when workers' effort choice and 'type' are private information. We derive a modified Hosios Rule determining the allocation of resources, and analyze how private information influences the responsiveness of the unemployment rate to changes in...
Persistent link: https://www.econbiz.de/10005123973
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Will EMU Increase Eurosclerosis?
Bentolila, Samuel; Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2000
nominal and real wage rigidity) and social preferences regarding inflation, employment, and real wages. We also calibrate our …
Persistent link: https://www.econbiz.de/10005124134
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Self-Selection of Migrant Workers: Migration Premium and (no) Returns to Skills
Yashiv, Eran - C.E.P.R. Discussion Papers - 2003
Why do low-skilled workers choose to work in a foreign economy and what determines their wages? The Paper empirically implements the Roy self-selection model to study this question. It does so using a unique dataset on Palestinian workers working locally and in the Israeli economy. The data...
Persistent link: https://www.econbiz.de/10005067534
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Wages and the Size of Firms in Dynamic Matching Models
Bertola, Giuseppe; Garibaldi, Pietro - C.E.P.R. Discussion Papers - 2000
This paper studies the joint distribution of wages and employment levels in simple matching models of job creation and …
Persistent link: https://www.econbiz.de/10005656124
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Multiple Equilibria and Minimum Wages in Labour Markets with Informational Frictions and Heterogenous Production Technologies
den Berg, Gerard J van - C.E.P.R. Discussion Papers - 2003
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
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From Severance Pay to Self-Insurance: Effects of Severance Payments Savings Accounts in Colombia
Kugler, Adriana D. - C.E.P.R. Discussion Papers - 2002
loss, they also increase costs for employers and distort employment decisions. The impact of severance payments depends …
Persistent link: https://www.econbiz.de/10005791811