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Hiring Through Referrals in a Labor Market with Adverse Selection
Dariel, Aurelie - 2019
Information asymmetries can prevent markets from operating efficiently. An important example is the labor market, where employers face uncertainty about the productivity of job candidates. We examine theoretically and with laboratory experiments three key questions related to hiring via...
Persistent link: https://www.econbiz.de/10012871752
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Estimating Labor Market Slack, U.S. 1994-2019
Komlos, John - 2019
U3, the official unemployment rate, is an inadequate gauge of labor-market slack and the extent to which it misinforms varies substantially over the business cycle. The U6 unemployment rate is usually about 4 percentage points above U3. However, during the Great Recession it exceeded U3 by 7...
Persistent link: https://www.econbiz.de/10012859048
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Immigration and Worker-Firm Matching
Orefice, Gianluca - 2020
, and is associated with higher average productivity and firm profits, but also with higher wage dispersion. We also show …
Persistent link: https://www.econbiz.de/10012838239
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Reservation Wages and Labor Supply
Kesternich, Iris - 2020
Survey measures of the reservation wage reflect both the consumption-leisure trade-off and job search concerns (the … arrival rate of job offers and the wage distribution). We examine what a survey measure of the reservation wage reveals about … labor supply when search concerns are absent. To this end, we combine the reservation wage measure from a large labor market …
Persistent link: https://www.econbiz.de/10012831654
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Naturalization and Labor Market Performance of Immigrants in Germany
Riphahn, Regina T. - 2018
Naturalization may be a relevant policy instrument affecting immigrant integration in host-country labor markets. We study the effect of naturalization on labor market outcomes of immigrants in Germany. We apply recent survey data and exploit a reform of naturalization rules in an instrumental...
Persistent link: https://www.econbiz.de/10012908608
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Teacher Labor Market Equilibrium and Student Achievement
Bates, Michael; Dinerstein, Michael; Johnston, Andrew C.; … - 2022
We study whether reallocating existing teachers across schools within a district can increase student achievement, and what policies would help achieve these gains. Using a model of multidimensional value-added, we find meaningful achievement gains from reallocating teachers within a district....
Persistent link: https://www.econbiz.de/10013306849
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Cyclical Earnings, Career and Employment Transitions
Carrillo-Tudela, Carlos; Visschers, Ludo; Wiczer, David - 2022
This paper studies the cyclical behaviour of earnings risk and career changes. We document that the procyclical skewness of the earnings growth distribution arises mostly from the earnings changes of employer and occupation switchers. To uncover their relative importance in driving cyclical...
Persistent link: https://www.econbiz.de/10014243686
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The Dynamics of Return Migration, Human Capital Accumulation, and Wage Assimilation
Adda, Jérôme; Dustmann, Christian; Goerlach, Joseph-Simon - 2021
This paper develops and estimates a dynamic model where individuals differ in ability and location preference to evaluate the mechanisms that affect the evolution of immigrants’ careers in conjunction with their re-migration plans. Our analysis highlights a novel form of selective return...
Persistent link: https://www.econbiz.de/10013229696
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Do Digital Skill Certificates Help New Workers Enter the Market? Evidence from an Online Labour Platform
Kässi, Otto - 2019
We study the effects of a voluntary skill certification scheme in an online freelancing labour market. We show that obtaining skill certificates increases freelancers' earnings. This effect is not driven by increased freelancer productivity but by decreased employer uncertainty. The increase in...
Persistent link: https://www.econbiz.de/10012861463
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How Does For-Profit College Attendance Affect Student Loans, Defaults and Labor Market Outcomes?
Armona, Luis - 2019
For-profit providers are becoming an increasingly important fixture of US higher education markets. Students who attend for-profit institutions take on more educational debt, have worse labor market outcomes, and are more likely to default than students attending similarly-selective public...
Persistent link: https://www.econbiz.de/10012889756