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Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may … higher realized wages and not more matches, because the scale effects on matches are offset by the response of reservation … wages. …
Persistent link: https://www.econbiz.de/10005504450
The Swedish adult education program known as the Knowledge Lift (1997--2002) was unprecedented in its size and scope, aiming to raise the skill level of large numbers of low-skill workers. This paper evaluates the potential effects of this program on aggregate labour market outcomes. This is...
Persistent link: https://www.econbiz.de/10005123553
a result, in equilibrium, blacks end up with both higher unemployment rates and lower wages than whites. Furthermore, it …
Persistent link: https://www.econbiz.de/10005504534
). From this micro scenario, we derive an aggregate matching function that has the standard properties but fails to be …
Persistent link: https://www.econbiz.de/10005789195
We develop a search matching model in which blacks and whites are totally identical, except for the fact that they use … because of better opportunities. We also show that whites obtain higher wages. Indeed, in our model, each worker negotiates …
Persistent link: https://www.econbiz.de/10005791851
simultaneously determined in market equilibrium. We structurally estimate the search cost distribution, the implied matching …
Persistent link: https://www.econbiz.de/10005123595
The paper analyses complementarities among a variety of labour market policies. It shows: (a) that a wide range of labour market institutions (e.g. unemployment benefits, job security legislation and payroll taxes) have complementary effects on unemployment; and thus (b) that policies aimed at...
Persistent link: https://www.econbiz.de/10005791663
post-unemployment wages. I test these ideas on longitudinal data from Social Security records (LLMDB). Using a difference …
Persistent link: https://www.econbiz.de/10005792393
policies on wages and unemployment. …
Persistent link: https://www.econbiz.de/10005497772
change increases skilled wages, reduces unskilled wages and increases the unemployment rate of both skilled and unskilled …
Persistent link: https://www.econbiz.de/10005789067