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Reciprocity versus Reelection
Dalmia, Prateik - 2020
We study how reelection concerns affect reciprocity by elected leaders to the voters who elected them. If showing kindness to past voters reduces the chances of reelection, will an elected leader reduce or eliminate such intrinsic reciprocity? We present a signalling model of candidate behavior,...
Persistent link: https://www.econbiz.de/10012481495
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Cross Sectional Efficiency and Labor Hoarding in an Matching Model of Unemployment
Bertola, Giuseppe - 1993
We study positive and normative aspects of steady-state equilibrium in a market where firms of endogenous size experience idiosyncratic shocks and undergo a costly search process to hire their workers. The stylized model we propose highlights interactions between job-security provisions and...
Persistent link: https://www.econbiz.de/10012474474
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The Aggregate Matching Function
Blanchard, Olivier Jean - 1989
We present a picture of the labor market, one with large flows of jobs and workers, and matching. We develop a … determination of wages. We estimate the matching function, using both aggregate data and data from manufacturing and find evidence … of a stable matching process in the data. We examine the joint movements in unemployment, vacancies and wages -the …
Persistent link: https://www.econbiz.de/10012475866
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Disaggregating the Matching Function
Diamond, Peter A. - 2016
The aggregate matching (hiring) function relates gross hires to labor market tightness. Decompositions of aggregate …
Persistent link: https://www.econbiz.de/10012455715
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An Empirical Framework For Matching With Imperfect Competition
Chan, Mons; Kroft, Kory; Mattana, Elena; Mourifié, Ismael - National Bureau of Economic Research - 2024
This paper builds, identifies and estimates a model of the labor market that features strategic interactions in wage setting and two-sided heterogeneity in order to shed light on the sources of wage inequality. We provide a tractable characterization of the model equilibrium and demonstrate its...
Persistent link: https://www.econbiz.de/10014544771
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An Experimental Evaluation of Deferred Acceptance : Evidence from Over 100 Army Officer Labor Markets
Davis, Jonathan M. V.; Greenberg, Kyle; Jones, Damon - National Bureau of Economic Research - 2023
We present evidence from a randomized trial of the impact of matching workers to jobs using the deferred acceptance (DA … jobs are partitioned into over 100 distinct markets, our unit of randomization. Matching with DA reduced officers … attrition by the end of their second year. Matching with DA had precise zero effects on performance evaluations and promotions …
Persistent link: https://www.econbiz.de/10014337845
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Composite Sorting
Boerma, Job; Tsyvinski, Aleh; Wang, Ruodu; Zhang, Zhenyuan - National Bureau of Economic Research - 2023
We propose a new sorting framework: composite sorting. Composite sorting comprises of (1) distinct worker types assigned to the same occupation, and (2) a given worker type simultaneously being part of both positive and negative sorting. Composite sorting arises when fixed investments mitigate...
Persistent link: https://www.econbiz.de/10014372413
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Inequalities in Income and Inequalities in Health
Deaton, Angus - 1999
What is inequality in health? Are economists' standard tools for measuring income inequality relevant or useful for measuring it? Does income protect health and does income inequality endanger it? I discuss two different concepts of health inequality and relate each of them to the literature on...
Persistent link: https://www.econbiz.de/10012471653
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The Evolution of Ideology, Fairness and Redistribution
Alesina, Alberto F. - 2009
Ideas about what is "fair" above and beyond the individual's position in the income ladder influence preferences for redistribution. We study the dynamic evolution of different economies in which redistributive policies, perceptions of fairness, inequality and growth are jointly determined. We...
Persistent link: https://www.econbiz.de/10012463062
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Fair Pricing
Rotemberg, Julio J. - 2004
I suppose that consumers see a firm as fair if they cannot reject the hypothesis that the firm is somewhat benevolent towards them. Consumers that can reject this hypothesis become angry, which is costly to the firm. I show that firms that wish to avoid this anger will keep their prices rigid...
Persistent link: https://www.econbiz.de/10012467772