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Comparative advantage and skill-specific unemployment

Larch, Mario; Lechthaler, Wolfgang - 2009

We introduce unemployment and endogenous selection of workers into different skill-classes in a trade model with two … sectors and heterogeneous firms. This allows us to study the distributional consequences and the skill-specific unemployment … real wages and unemployment levels in the unskilled labor intensive sector. However, the inequality of workers between …

Persistent link: https://www.econbiz.de/10010266011

Coworker Networks and the Labor Market Outcomes of Displaced Workers : Evidence from Portugal

Garcia-Louzao, Jose; Silva, Marta - 2023

The use of social contacts in the labor market is widespread. This paper investigates the impact of personal connections on hiring probabilities and re-employment outcomes of displaced workers in Portugal. We rely on rich matched employer-employee data to define personal connections that arise...

Persistent link: https://www.econbiz.de/10014356317

Worker Beliefs About Outside Options

Jäger, Simon; Roth, Christopher; Roussille, Nina; … - 2022

Workers wrongly anchor their beliefs about outside options on their current wage. In particular, low-paid workers underestimate wages elsewhere. We document this anchoring bias by eliciting workers’ beliefs in a representative survey in Germany and comparing them to measures of actual outside...

Persistent link: https://www.econbiz.de/10013308108