This paper offers an indirect measure of patient welfare based on whether patients comply with the prescription they receive. Adherence behavior is supposed to reveal patients' subjective valuations of particular therapies. We write a simple theoretical model of patient adherence behavior, that...

This paper investigates how the labor market institutions that characterize most of the Euro- pean countries a®ect the integration process of younger workers on the labor market. We argue that young workers have private information about their abilities when entering the labor mar- ket....

A common finding of the optimal unemployment insurance literature is that the optimal UI replacement rate is around 50%, implying that current levels in the US are close to optimal. However, a key assumption in the existing literature is that unemployment benefits are the only government...

In the US labor market the average black worker is exposed to a lower employment rate and earns a lower wage compared to his white counterpart. Lang and Lehmann (2012) argue that these mean differences mask substantial heterogeneity along the distribution of workers' skill. In particular, they...

This article aims to establish a link between the unemployment duration and the inter vivos transfers received by the unemployed individuals. We present a model where the transfer shapes the receiver's job search strategy while the donor bases it on the receiver's unemployment duration....

Individual labor earnings observed in worker panel data have complex, highly persistent dynamics. We investigate the capacity of a structural job search model with i.i.d. productivity shocks to replicate salient properties of these dynamics, such as the covariance structure of earnings, the...

This article examines the role of Internet based labour market intermediaries in coordinating job seeker/employee interactions. A twofold analysis examines on the one hand the matchmaking tools determining applicants' access to job ads, and on the other, the content of ads posted on the web....

Theoretical and empirical works on job search often neglect the role of unemployed environment like spatial constraints meets while searching for a job. This paper proposes a job search model where both the spatial search area and the reservation wage are assumed to be endogenous. We exploit...

The objective of this paper is to provide microeconomic evidence for the so called “Oswald's hypothesis”, which is whether homeownership results in negative outcomes in the labour market. In a first step, a multinomial logit model for the choice of tenure status is estimated. Estimated...