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Equilibrium Search and the Impact of Equal Opportunities for Women
Coles, Melvyn G.; Francesconi, Marco - 2021
This paper develops a new equilibrium model of two-sided search where agents have multiple attributes and general payoff functions. The model can be applied to several substantive issues. Here we use it to provide a novel understanding of the separate effects of equal opportunities for women in...
Persistent link: https://www.econbiz.de/10013315643
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Marriage and Employment Participation with Wage Bargaining in Search Equilibrium
Bonilla, Roberto - 2017
The empirical literature addressing links between the labor and marriage markets is numerous. Despite this, the …-Coles (1997) do not apply for a marriage market linked to this labor market and discuss the consequences of this …
Persistent link: https://www.econbiz.de/10012951689
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Beauty Premium and Marriage Premium in Search Equilibrium : Theory and Empirical Test
Bonilla, Roberto - 2017
frictions and the fact that physical appearance plays an important role in attracting a marriage partner. We analyse the … interaction between frictional labour and marriage markets, making use of what we label constrained job search. The optimal … characterised by beauty premium and/or marriage premium. Predicted profiles of premia allow for potential falsification tests and …
Persistent link: https://www.econbiz.de/10012971994
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The Matching Process : Search or Mismatch?
Gottfries, Nils - 2017
We examine the matching process using monthly panel data for local labour markets in Sweden. We find that an increase …
Persistent link: https://www.econbiz.de/10012962923
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Workforce Location and Equilibrium Unemployment in a Duocentric Economy with Matching Frictions
Lehmann, Etienne - 2015
workers distributed between them. We introduce commuting costs and search-matching frictions to deal with the spatial mismatch …
Persistent link: https://www.econbiz.de/10013014200
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Fiscal Multipliers in a Two-Sector Search and Matching Model
Angelopoulos, Konstantinos - 2015
business cycle model with search and matching frictions. We extend the canonical model by including capital … types. We first find that, the model does a good job at matching the cyclical properties of sectoral employment and the wage …
Persistent link: https://www.econbiz.de/10013028533
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Outside Versus Inside Bonds : A Modigliani-Miller Type Result for Liquidity Constrained Economies
Berentsen, Aleksander - 2010
When agents are liquidity constrained, two options exist - sell assets or borrow. We compare the allocations arising in two economies: in one, agents can sell government (outside) bonds and in the other they can borrow by issuing (inside) bonds. All transactions are voluntary, implying no...
Persistent link: https://www.econbiz.de/10013135267
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The Threat of Monitoring Job Search : A Discontinuity Design
Cockx, Bart - 2010
Since July 2004 the job search effort of long-term unemployed benefit claimants is monitored in Belgium. We exploit the discontinuity in the treatment assignment at the age of 30 to evaluate the effect of a notification sent at least 8 months before job search is verified. The threat of...
Persistent link: https://www.econbiz.de/10013135453
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Simultaneous Search and Network Efficiency
Gautier, Pieter A. - 2011
all their candidates) only wage mechanisms that allow for ex post Bertrand competition generate the maximum matching on a …
Persistent link: https://www.econbiz.de/10013122129
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Monitoring Job Search Effort with Hyperbolic Time Preferences and Non-Compliance : A Welfare Analysis
Cockx, Bart - 2013
This paper develops a partial equilibrium job search model to study the behavioral and welfare implications of an Unemployment Insurance (UI) scheme in which job search requirements are imposed on UI recipients with hyperbolic preferences. We show that, if the search requirements are well...
Persistent link: https://www.econbiz.de/10013083261