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Labor search and matching in macroeconomics

Yashiv, Eran - London School of Economics (LSE) - 2007

The labor search and matching model plays a growing role in macroeconomic analysis. This paper provides a critical …

Persistent link: https://www.econbiz.de/10011071476

A test between unemployment theories using matching data

Coles, Melvyn; Petrongolo, Barbara - London School of Economics (LSE) - 2003

This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … to job queues. Using U.K. data and correcting for temporal aggregation bias, estimates of the random matching function … are consistent with previous work in this field, but random matching is formally rejected by the data. The data instead …

Persistent link: https://www.econbiz.de/10010928750

On the extent of re-entitlement effects in unemployment compensation

Ortega, Javier; Rioux, Laurence - London School of Economics (LSE) - 2008

A dynamic labor matching economy is presented, in which the unemployed are either entitled to unemployment insurance …

Persistent link: https://www.econbiz.de/10010745099

Trade and industrial location with heterogeneous labor

Amiti, Mary; Pissarides, Christopher - London School of Economics (LSE) - 2002

We show in the framework of a new economic geography model that when labor is heterogenous and productivity depends on the quality of the match between job and worker, trade liberalization may lead to industrial agglomeration and inter-industry trade. The agglomeration force is the improvement...

Persistent link: https://www.econbiz.de/10010745739

Trade and industrial location with heterogeneous labor

Amiti, Mary; Pissarides, Christopher - London School of Economics (LSE) - 2005

We show in the context of a new economic geography model that when labor is heterogenous trade liberalization may lead to industrial agglomeration and inter-regional trade. Labor heterogeneity gives local monopoly power to firms but also introduces variations in the quality of the job match....

Persistent link: https://www.econbiz.de/10010746150

Strong managers, weak boards?

Adams, Renee B.; Ferreira, Daniel - London School of Economics (LSE) - 2009

that the existing cross-section evidence on the correlation between board composition and CEO ownership and tenure needs re …-monotonic, with board independence first decreasing and then increasing in CEO ownership and tenure. We discuss the implications of …

Persistent link: https://www.econbiz.de/10011126080

CEO job security and risk-taking

Cziraki, Peter; Xu, Moqi - London School of Economics (LSE) - 2014

We use the length of employment contracts to estimate CEO turnover probability and its effects on risk-taking. Protection against dismissal should encourage CEOs to pursue riskier projects. Indeed, we show that firms with lower CEO turnover probability exhibit higher return volatility,...

Persistent link: https://www.econbiz.de/10011126281

Immigration, offshoring, and American jobs

Ottaviano, Gianmarco I. P.; Peri, Giovanni; Wright, Gregory - London School of Economics (LSE) - 2013

Following Grossman and Rossi-Hansberg (2008) we present a model in which tasks of varying complexity are matched to workers of varying skill in order to develop and test predictions regarding the effects of immigration and offshoring on US native-born workers. We find that immigrant and...

Persistent link: https://www.econbiz.de/10011126370

Gross worker flows in the presence of informal labor markets. The Mexican experience 1987-2002

Bosch, Mariano; Maloney, William - London School of Economics (LSE) - 2006

This paper applies recent advances in the study of labor market dynamics to a representative developing country with a large unregulated of “informal” sector, Mexico. It finds, first, that the formal salaried sector shows the same procyclical job finding rate and mildly countercyclical...

Persistent link: https://www.econbiz.de/10011071130

Labour market segmentation in Britain: the decline of occupational labour markets and the spread of ‘entry tournaments'

Marsden, David - London School of Economics (LSE) - 2007

This paper reviews the changing pattern of labour market segmentation in Britain since the mid-1970s. In the early 1980s, industrial labour markets in Britain, along with Germany, could be characterised as dominated by occupational labour markets for skilled workers compared with the...

Persistent link: https://www.econbiz.de/10011071257