Similar Search Results

Minimum Wage and Compliance in a Model of Search On-the-Job

Petrongolo, B.; Eckstein, Z.; Ge, S. - Society for Economic Dynamics - SED - 2005

Persistent link: https://www.econbiz.de/10004977952

Minimum wages and compliance in markets with search frictions

Eckstein, Zvi; Ge, Suqin - Society for Economic Dynamics - SED - 2004

wages below the minimum wage can result from both non-compliance and measurement error (as well as from some few well … definition applies to wages below the minimum wage. This distinction will be the basis of our identification strategy. We will … estimate a structural search model with measurement error in observed wages and imperfect compliance to the minimum wage. The …

Persistent link: https://www.econbiz.de/10005051410

Job Search, Bargaining, and Wage Dynamics

Yamaguchi, Shintaro - Society for Economic Dynamics - SED - 2006

estimate a model of strategic wage bargaining with on-the-job search to explore three different components of wages: general … results indicate that the improved value of outside option raises wages of ten-year-experienced workers by 13%, which accounts …

Persistent link: https://www.econbiz.de/10004977926

(Un)Employment Dynamics: The Case of Monetary Policy Shocks

Braun, Helge - Society for Economic Dynamics - SED - 2006

This paper estimates an identified VAR on US data to gauge the dynamic response of the job finding rate, the worker separation rate, and vacancies to monetary policy shocks. I develop a general equilibrium model that can account for the large and persistent responses of vacancies, the job...

Persistent link: https://www.econbiz.de/10004977920

Wage-Tenure Contracts, Experience and Employment Status

Carrillo-Tudela, Carlos - Society for Economic Dynamics - SED - 2005

Persistent link: https://www.econbiz.de/10004977950

Re-entitlement Effects with Duration Dependent Unemployment Insurance in a Stochastic Matching Equilibrium

Coles, Melvyn; Masters, Adrian - Society for Economic Dynamics - SED - 2006

insurance (UI) system affects the dynamics of unemployment and wages in an economy subject to stochastic job-destruction shocks …

Persistent link: https://www.econbiz.de/10005090759

The Dynamic Beveridge Curve

Fujita, Shigeru; Ramey, Garey - Society for Economic Dynamics - SED - 2006

In aggregate U.S. data, exogenous shocks to labor productivity induce highly persistent and hump-shaped responses to both the vacancy-unemployment ratio and employment. We show that the standard version of the Mortensen-Pissarides matching model fails to replicate this dynamic pattern due to the...

Persistent link: https://www.econbiz.de/10005090788

Labor Turnover Costs and the Cyclical Behavior of Vacancies and Unemployment

Toledo, Manuel; Silva, Jose I. - Society for Economic Dynamics - SED - 2005

Persistent link: https://www.econbiz.de/10005090860

Job-to-job quits and corporate culture

Moscarini, Giuseppe - Society for Economic Dynamics - SED - 2004

In a frictional labor market, when an employee receives an outside offer, his employer is naturally tempted to compete to retain him. Casual observation in the labor market, however, suggests that this type of ex post competition is rare. As a consequence, employers often let valuable employees...

Persistent link: https://www.econbiz.de/10005090906

The dynamics of labor markets in Europe and the US: Specific skills or employment protection?

Delacroix, Alain; Wasmer, Etienne - Society for Economic Dynamics - SED - 2006

We argue that the main difference between European and American labor markets is not so much in the unemployment rates, but maybe more importantly in the reduced flows into and out of unemployment, in Europe. Employment protection legislations (EPL) have been extensively studied in the...

Persistent link: https://www.econbiz.de/10005051216