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: vocational training, vocational training combined with matching youth to firms, and matching only. Training is offered in sectors … with high quality firms. The matching intervention assigns workers for interviews with such firms. At baseline, unskilled … firms. However, youth additionally offered matching become discouraged because call back rates from firm owners are far …
Persistent link: https://www.econbiz.de/10014337802
Labor market tightness following the height of the Covid-19 pandemic led to an unexpected compression in the US wage distribution that reflects, in part, an increase in labor market competition. Rapid relative wage growth at the bottom of the distribution reduced the college wage premium and...
Persistent link: https://www.econbiz.de/10014247930
We study the descriptive and substantive representation of workers through worker representatives, focusing on the selection of German works council representatives and their impact on worker outcomes. Becoming a professional representative leads to substantial wage gains for the elected,...
Persistent link: https://www.econbiz.de/10014635703
employers, as measured by vacancies, are low. A model of matching frictions explains the qualitative responses of the labor …
Persistent link: https://www.econbiz.de/10012468730
. Matching theory predicts that students' behavior in Chile should be strategic because they can list only up to eight options …
Persistent link: https://www.econbiz.de/10014544713
This project studies the impact of education mismatch on labor outcomes. Across our sample of OECD countries, there is evidence of mismatch in education choices and labor markets. Labor market outcomes are not independent of education mismatch. Our framework for analysis is a dynamic choice...
Persistent link: https://www.econbiz.de/10012482388
This paper develops a random-matching model of a frictional labor market with firm and worker dynamics. Multi …
Persistent link: https://www.econbiz.de/10012480491
the empirical literature estimating the matching function, commonly used to map unemployment and vacancies into hires …. First, we show how to non-parametrically identify the matching function. Second, we estimate the matching function allowing … for unobserved matching efficacy, without imposing the usual independence assumption between matching efficiency and …
Persistent link: https://www.econbiz.de/10012481928
This paper extends Lucas and Prescott's (1974) search model to develop a notion of rest unemployment. The economy consists of a continuum of labor markets, each of which produces a heterogeneous good. There is a constant returns to scale production technology in each labor market, but labor...
Persistent link: https://www.econbiz.de/10012464874
Why is unemployment higher for younger individuals? We address this question in a frictional model of the labor market that features learning about occupational fit. In order to learn the occupation in which they are most productive, workers sample occupations over their careers. Because young...
Persistent link: https://www.econbiz.de/10012458037