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Sorting and the output loss due to search frictions
Gautier, Pieter A.; Teulings, Coen N. - 2011
max-mean wage differential. The latter measure of wage dispersion is more robust than measures based on the reservation … wage, due to the long left tail of the wage distribution. We estimate this wage differential using data on match quality … and allow for measurement error. The estimated wage dispersion and mismatch for the US is consistent with an unemployment …
Persistent link: https://www.econbiz.de/10010274790
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Labour market reforms and outcomes in Estonia
Brixiova, Zuzana; Egert, Balazs - 2012
The unemployment rate in Estonia rose sharply in 2010 to one of the highest levels in the EU, after the country entered a severe recession in 2008. While the rate declined relatively rapidly in 2011, it remained high especially for the less educated. In 2009, the Employment Contract Law relaxed...
Persistent link: https://www.econbiz.de/10010281045