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degree of frictions and other determinants. We correct for worker self-selection into high-wage jobs. Using within …
Persistent link: https://www.econbiz.de/10011255845
firm with stochastic product demand and hiring cost (= irreversible specific investments). There is wage bargaining between …
Persistent link: https://www.econbiz.de/10011255817
We combine micro and macro unemployment duration data to study the effects of the business cycle on the outflow from unemployment. We allow the cycle to affect individual exit probabilities of unemployed workers as well as the composition of the total inflow into unemployment. We estimate the...
Persistent link: https://www.econbiz.de/10011256433
Randomized experiments provide policy relevant treatment effects if there areno spillovers between participants and nonparticipants. We show that thisassumption is violated for a Danish activation program for unemployed workers.Using a difference-in-difference model we show that the...
Persistent link: https://www.econbiz.de/10011257389
wage setting without commitment creates a "business-stealing" externality. In the absence of congestion effects, this leads … to excessive vacancy creation. Under wage setting with commitment this externality is absent because when posting a wage …
Persistent link: https://www.econbiz.de/10011257478
remainder dueto unobservables. Our decompositions show that the majority of the genderlog wage gap is due to differences between … across the wage distribution, particularly in the top half of thedistribution. …
Persistent link: https://www.econbiz.de/10011257638
. Our estimation results show that a 1 percent point decrease in unemployment rate increases wage offers with 3 percent …
Persistent link: https://www.econbiz.de/10011255962