Similar Search Results

A dynamic matching model with downward wage rigidity

Jansen, Marcel; Costain, James - Society for Economic Dynamics - SED - 2004

labor market models have a hard time generating the degree of cyclical volatility in unemployment and vacancies that is …, job destruction and unemployment. We start from the reasonable assumption that the disutility of effort (in our case the … the average unemployment rate. It is important to point out that in our paper, incorporating an incentive compatible wage …

Persistent link: https://www.econbiz.de/10005069525

Wage growth due to human capital accumulation and job search: The United States versus West-Germany

Schoenberg, Uta - Society for Economic Dynamics - SED - 2004

This paper compares the sources of wage growth of young workers in two countries with very different labor market institutions, the United States and Germany. It identifies the return to general human capital accumulation, and provides a lower and upper bound to wage growth due to firm-specific...

Persistent link: https://www.econbiz.de/10005085468

Job Search, Bargaining, and Wage Dynamics

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

What are the sources of rapid wage growth during a worker's early career? To address this question, I construct and estimate a model of strategic wage bargaining with on-the-job search to explore three different components of wages: general human capital, match-specific capital, and outside...

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

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

Modeling the Effects of Labor Market Reforms in a Developing Economy

Albrecht, James; Navarro, Lucas; Vroman, Susan - Society for Economic Dynamics - SED - 2006

informal- and formal-sector output, on the division of the workforce into unemployment, informal-sector employment and formal …

Persistent link: https://www.econbiz.de/10005069219

The Rate of Learning-by-Doing: Estimates from a Search-Matching Model

Prat, Julien - Society for Economic Dynamics - SED - 2006

We construct and estimate by maximum likelihood an equilibrium search model where wages are set by Nash bargaining and idiosyncratic productivity follows a geometric Brownian motion. The proposed framework enables us to endogenize job destruction and to estimate the rate of learning-by-doing....

Persistent link: https://www.econbiz.de/10005069342

Unemployment Dynamics and Social Security

Rojas, Juan; Rendon, Silvio - Society for Economic Dynamics - SED - 2004

future unemployment spells, a less generous system induces agents to accept bad job offers to save for retirement. To …

Persistent link: https://www.econbiz.de/10005069478

Wage Distribution with a Two-Sided Job Auction

Halko, Marja-Liisa; Kultti, Klaus; Virrankoski, Juha - Society for Economic Dynamics - SED - 2005

Persistent link: https://www.econbiz.de/10005090828

On-the-job Search, Productivity Shocks, and the Individual Earnings Process

Postel-Vinay, Fabien; Turon, Helene - Society for Economic Dynamics - SED - 2006

Individual labor earnings observed in worker panel data have complex, highly persistent dynamics. We investigate the capacity of a structural job search model with i.i.d. productivity shocks to replicate salient properties of these dynamics, such as the covariance structure of earnings, the...

Persistent link: https://www.econbiz.de/10005051265

Accounting for General Equilibrium Effects in Program Evalution

Plesca, Miana - Society for Economic Dynamics - SED - 2005

Persistent link: https://www.econbiz.de/10005051380