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We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs. This model yields a simple relationshipbetween (i) the unemployment rate, (ii) the value of non-market time, and (iii) themax-mean wage differential. The latter measure of wage...
Persistent link: https://www.econbiz.de/10011257030
An advantage of collective wage agreement is that search and business-stealing externalities can be internalized. A disadvantage is that it takes more time before an optimal allocation is reached because more productive firms (for a particular worker type) can no longer signal this by posting...
Persistent link: https://www.econbiz.de/10011257565
In this paper we study the allocation of workers over high and low productivity firms in a labor market with coordination frictions. Specifically, we consider a search model where workers can apply to high and or low productivity firms. Firms that compete for the same candidate can increase...
Persistent link: https://www.econbiz.de/10011257276
Although labor market duality is a widespread phenomenon in many OECD countries, there is yet no research consent on the effects of duality on labor market dynamics and performance. Against this background, using a New Keynesian model with unemployment, this paper theoretically investigates the...
Persistent link: https://www.econbiz.de/10011099956
Democratic Republic of Congo has known dramatic events for the last three decades. Statistical social economic data did not exist really or not available in the period. The Labour force survey, the first phase of the 1-2-3 survey, carried out in 2004-2005 and conducted by the National Statistic...
Persistent link: https://www.econbiz.de/10011074347
Democratic Republic of Congo has known dramatic events for the last three decades. Statistical social economic data did not exist really or not available in the period. The Informal Sector survey, the second phase of the 1-2-3 survey, carried out in 2004-2005 and conducted by the National...
Persistent link: https://www.econbiz.de/10011074432
The second wave of the 1-2-3 survey was carried out in the Democratic Republic of Congo in 2012. It allows for important insights on basic socio-economic indicators for the first time since the first wave was carried out in 2004-2005. The present survey differs from the previous one in that a...
Persistent link: https://www.econbiz.de/10011193766
Persistent link: https://www.econbiz.de/10010905055
This discussion paper resulted in a publication in the <A HREF="https://apps.webofknowledge.com/full_record.do?product=UA&search_mode=GeneralSearch&qid=5&SID=T2lPmvB33HytcbnHQmV&page=1&doc=4">'Oxford Economic Papers-New Series'</A>, 2013, 65(2), 219-239.<P> This paper first documents the increase in the time lag with which labor input reacts to output fluctuations ("the labor adjustment lag") that is visible in US data since the...</p></a>
Persistent link: https://www.econbiz.de/10011256598
Using a large German linked employer-employee data set and methods of competing risks analysis, this paper investigates gender differences in job separation rates to employment and nonemployment. In line with descriptive evidence, we find lower job-to-job and higher job-to-nonemployment...
Persistent link: https://www.econbiz.de/10008695017