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Multiple Equilibria and Minimum Wages in Labor Markets with Informational Frictions and Heterogeneous Production Technologies
den Berg, Gerard J. van - Institute for the Study of Labor (IZA) - 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 analyze 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/10005703158
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City Air or City Markets: Productivity Gains in Urban Areas
Krupka, Douglas James - Institute for the Study of Labor (IZA) - 2007
Persistent productivity gains to rural-urban migrants have been documented by a number of researchers. One …
Persistent link: https://www.econbiz.de/10005703768
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Is Unemployment Structural or Cyclical? Main Features of Job Matching in the EU after the Crisis
Arpaia, Alfonso; Kiss, Aron; Turrini, Alessandro - Institute for the Study of Labor (IZA) - 2014
The paper sheds light on developments in labour market matching in the EU after the crisis. First, it analyses the main … vacancy-unemployment relationship from structural shifts affecting the efficiency of labour market matching. Second, it … explores the main drivers of job matching efficiency, notably with a view to gauge whether mismatches became more serious …
Persistent link: https://www.econbiz.de/10010959856
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The Dilemma of Delegating Search: Budgeting in Public Employment Services
Addison, John T.; Altemeyer-Bartscher, Martin; Kuhn, Thomas - Institute for the Study of Labor (IZA) - 2010
The poor performance often attributed to many public employment services may be explained in part by a delegation problem between the central office and local job centers. In markets characterized by frictions, job centers function as match-makers, linking job seekers with relevant vacancies....
Persistent link: https://www.econbiz.de/10008564693
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A Search Model of Discouragement
Rosholm, Michael; Toomet, Ott - Institute for the Study of Labor (IZA) - 2005
Discouragement is a process occurring during an unemployment spell. As the spell prolongs, an individual gradually realises that the returns to search can no longer outweigh search costs, and hence she may eventually leave the labour force. This is analysed theoretically in a framework of...
Persistent link: https://www.econbiz.de/10005822813
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Why is Old Workers' Labor Market More Volatile? Unemployment Fluctuations over the Life-Cycle
Hairault, Jean-Olivier; Langot, François; Sopraseuth, … - Institute for the Study of Labor (IZA) - 2014
Since the last recession, it is usually argued that older workers are less affected by the economic downturn because their unemployment rate rose less than the one of prime-age workers. This view is a myth: older workers are more sensitive to the business cycle. We document volatilities of...
Persistent link: https://www.econbiz.de/10010884226
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Indicative and Updated Estimates of the Collective Bargaining Premium in Germany
Addison, John T.; Teixeira, Paulino; Evers, Katalin; … - Institute for the Study of Labor (IZA) - 2013
This study provides updated evidence on the union contract differential in Germany using establishment-wide wage data and two estimation strategies. It provides pairwise estimates of the union differential based on separate samples of collective bargaining leavers and joiners vis-à-vis the...
Persistent link: https://www.econbiz.de/10010884306
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Unobservable, but Unimportant? The Influence of Personality Traits (and Other Usually Unobserved Variables) for the Evaluation of Labor Market Policies
Caliendo, Marco; Mahlstedt, Robert; Mitnik, Oscar A. - Institute for the Study of Labor (IZA) - 2014
Many commonly used treatment effects estimators rely on the unconfoundedness assumption ("selection on observables") which is fundamentally non-testable. When evaluating the effects of labor market policies, researchers need to observe variables that affect both treatment participation and labor...
Persistent link: https://www.econbiz.de/10010884355
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Wage Posting or Wage Bargaining? Evidence from the Employers' Side
Brenzel, Hanna; Gartner, Hermann; Schnabel, Claus - Institute for the Study of Labor (IZA) - 2013
bargaining in the matching process from the employer's side. We show that both modes of wage determination coexist in the German …
Persistent link: https://www.econbiz.de/10010959640
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Using Internet Data to Analyse the Labour Market: A Methodological Enquiry
Kureková, Lucia Mýtna; Beblavy, Miroslav; Thum, … - Institute for the Study of Labor (IZA) - 2014
With the growth of the Internet, online job portals have become an important medium for job matching. This paper …
Persistent link: https://www.econbiz.de/10010959663