Showing 1 - 10 of 147
consistent with search theory. We apply the technique to eleven countries over various years, and find that incomplete … countries that strongly support unemployment insurance (UI) receive wages closer to their potential, so that doubling UI … decreases incomplete information and results in 5% higher wages. A more dense population reduces search costs leading to less …
Persistent link: https://www.econbiz.de/10005822747
In this paper, we describe a series of laboratory experiments that implement specific examples of a more general network structure and we examine equilibrium selection. Specifically, actions are either strategic substitutes or strategic complements, and participants have either complete or...
Persistent link: https://www.econbiz.de/10011086477
The labor search and matching model plays a growing role in macroeconomic analysis. This paper provides a critical …
Persistent link: https://www.econbiz.de/10005822179
Why do some people become entrepreneurs (and others don't)? Why are firms so heterogeneous, and many firms so small? To start, the paper briefly documents evidence from the empirical literature that the relationship between entrepreneurship and education is U-shaped, that many entrepreneurs...
Persistent link: https://www.econbiz.de/10005822184
Is moving to the countryside a credible commitment device for couples? We investigate whether lowering the arrival rate of potential alternative partners by moving to a less populated area lowers the dissolution risk for a sample of Danish couples. We find that of the couples who married in the...
Persistent link: https://www.econbiz.de/10005822290
We show that in a search/matching model with endogenous participation in which workers are heterogeneous with respect …
Persistent link: https://www.econbiz.de/10005822510
distinction between efficient (cities) and less efficient (non-cities) search markets. One implication of the model is that …
Persistent link: https://www.econbiz.de/10005822792
In this paper we empirically examine differences in search behavior between men and women. We assess hypotheses … regarding duration of search, wages and tenure. The hypotheses are derived from two models: the equilibrium search model with … men and women the duration of search is equal once we limit our estimation to women with a constant number of children in …
Persistent link: https://www.econbiz.de/10005822929
We present a Search and Matching model with heterogeneous workers (entrants and incumbents) that replicates the …
Persistent link: https://www.econbiz.de/10005761648
The paper presents a general equilibrium model of search unemployment that incorporates absence from work as a distinct … absence rate. The analysis provides results concerning the effects of social insurance benefits and other determinants of … examines the welfare implications of alternative policies. …
Persistent link: https://www.econbiz.de/10005761706