We introduce search unemployment à la Pissarides into Melitz’ (2003) model of trade with heterogeneous firms. We allow wages to be individually or collectively bargained and analytically solve for the equilibrium. We find that the selection effect of trade influences labor market outcomes....

Econometric evaluations of public-sponsored training programmes generally find littleevidence of an impact of such policies on transition rates out of unemployment. We performthe first evaluation of training effects for the unemployed adults in France, exploiting a uniquelongitudinal dataset...

This note investigates the effects of the education level, product market rigidities andemployment protection legislation on growth. It exploits macro-panel data for OECDcountries...

Using data from 12 European countries and the variation across countries and over time inthe changes of minimum school leaving age, we study the effects of the quantity of educationon the distribution of earnings...

This paper studies how portable skill accumulated in the labor market are. Using rich data ontasks performed in occupations, we propose the concept of task-specific human capital tomeasure the transferability of skills empirically. Our results on occupational mobility andwages show that labor...

We compare the returns to education (RTE) for entrepreneurs and employees, based on 19waves of the NLSY database. By using instrumental variable techniques (IV) and takingaccount of selectivity, we find that the RTE are significantly higher for entrepreneurs than foremployees (18.3 percent and...

In labor markets with worker and firm heterogeneity, the matching between firms and workersmay be assortative, meaning that the most productive workers and firms team up. Weinvestigate this with longitudinal population-wide matched employer-employee data fromPortugal...

This paper identifies several distortions which create barriers to entrepreneurship. First, inaddition to the innate entry cost, there are entry costs caused by regulation. Second, unionwage policies raise the opportunity cost of entrepreneurship...<BR>

This paper examines the incidence and wage effects of over-skilling within the Australianlabour market. It finds that approximately 30 percent of employees believed themselves to bemoderately over-skilled and 11 percent believed themselves to be severely over-skilled. Theincidence of skills...

This paper analyses theoretically and empirically how employment subsidies should betargeted. We contrast measures involving targeting workers with low incomes/abilities andtargeting the unemployed under the criteria of "approximate welfare efficiency" (AWE)...