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Using firm data to assess the performance of equilibrium search models of the labor market

Berg, Gerard J. van den; Vuuren, Aico van - VU University Amsterdam, Faculty of Economics, Business … - 2000

Equilibrium search models are useful tools for the evaluation of labor market policies. Recently developed equilibrium search models of the labor market are able to fit the wage distribution perfectly with longitudinal labor supply data, by estimating an appropriate distribution of labor...

Persistent link: https://www.econbiz.de/10005150593

Measuring the equilibrium effects of unemployment benefits dispersion

Vuuren, Aico van; Berg, Gerard J. van den; Ridder, Geert - VU University Amsterdam, Faculty of Economics, Business … - 1999

We analyze the impact of unemployment benefits and minimum wages using an equilibrium search model which allows for … dispersion of benefits and productivity levels, job-to-job transitions, and structural and frictional unemployment. The … estimation method uses readily available aggregate data on marginal distributions of unemployment durations as well as wages and …

Persistent link: https://www.econbiz.de/10005451429

Dual Track or Academic Route for Auditors

Jonker, Nicole; Ophem, Hans van; Hartog, Joop - Tinbergen Institute - 2002

In the Netherlands auditors can be trained in a part-time educational track in which students combine working and studying or in a full-time educational track. The former training is relatively firm-specific whereas the latter training is relatively general. Applying human capital theory, we...

Persistent link: https://www.econbiz.de/10005504888

Multiple equilibria and minimum wages in labor markets with informational frictions and heterogeneous production technologies

Berg, Gerard J. van den - VU University Amsterdam, Faculty of Economics, Business … - 1999

It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with wage setting, search frictions, and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after...

Persistent link: https://www.econbiz.de/10005150510

Ethnic Concentration and Human Capital Formation

Graaff, Thomas de; Groot, Henri L.F. de - Tinbergen Institute - 2004

Concentration of immigrants and its associated externalities have become an important topic in contemporary … externalities created by the influx of immigrants. Second, it presents a stylized model in which human capital accumulation and …

Persistent link: https://www.econbiz.de/10005137380

Semi-nonparametric estimation of an equilibrium search model

Koning, Pierre; Berg, Gerard J. van den; Ridder, Geert - VU University Amsterdam, Faculty of Economics, Business … - 1998

model allows for two types of unemployment: frictional unemployment due to search frictions and structural unemployment due … to wage floors. Wage floors exist because of high unemployment benefits or binding minimum wages. The productivity … decompose the total unemployment rate and we examine the effect of changes in the minimum wage. …

Persistent link: https://www.econbiz.de/10005150514

Returns for Entrepreneurs versus Employees: The Effect of Education and Personal Control on the Relative Performance of Entrepreneurs vis-à-vis Wage Employees

Praag, Mirjam van; Witteloostuijn, Arjen van; Sluis, … - Tinbergen Institute - 2009

How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that...

Persistent link: https://www.econbiz.de/10008513241

Starting Wages Respond To Employer's Risk

Berkhout, Peter; Hartog, Joop; Ophem, Hans van - Tinbergen Institute - 2009

Firms hiring fresh graduates face uncertainty on the future productivity of workers. Theory suggests that starting wages reflect this, with lower pay for greater uncertainty. We use the dispersion of exam grades within a field of education as an indicator of the unobserved heterogeneity that...

Persistent link: https://www.econbiz.de/10004987443

Wage Dispersion in Russia

Grogan, L.A. - Tinbergen Institute - 1997

This paper examines the extent to which human capital theory can explain observed wage differentials in the Russian Federation. Wage and income dispersion have increased markedly in Russia in the six years since the transition began. Some studies conclude that this is an indicator that Russian...

Persistent link: https://www.econbiz.de/10005137056

Wages and the Bargaining Regime in a Corporist Setting: The Netherlands

Hartog, Joop; Leuven, Edwin; Teulings, Coen - Tinbergen Institute - 2000

In a corporatist country, of which the Netherlands is an example, wages should not be distinguished by union membership status, but by the bargaining regime. Four bargaining regimes can be distinguished: (i) company level bargaining, (ii) industry level bargaining, (iii) mandatory extension of...

Persistent link: https://www.econbiz.de/10005504963