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provide a valid approximation of observed wages and matching patterns for a large part of the data. For low-type workers …
Persistent link: https://www.econbiz.de/10012981286
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 effects of trade liberalization. We show that the...
Persistent link: https://www.econbiz.de/10013316328
The objective of this paper is to construct and quantitatively assess an equilibrium search model with on-the-job search and general human capital accumulation. In the model workers enter the labor market with different abilities and firms differ in their productivities. Wages are dispersed...
Persistent link: https://www.econbiz.de/10013098341
We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously separate from employment and endogenously reallocate between...
Persistent link: https://www.econbiz.de/10013087720
provides a theory of job-to-job transitions that are associated with voluntary or involuntary mobility and with wage rises or …
Persistent link: https://www.econbiz.de/10013110106
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
A wide class of models with On-the-Job Search (OJS) predicts that workers gradually select into better-paying jobs. We develop a simple methodology to test predictions implied by OJS using two sources of identification: (i) time-variation in job-finding rates and (ii) the time since the last...
Persistent link: https://www.econbiz.de/10012956895
A large part of the literature on frictional matching in the labor market assumes bilateral meetings between workers …
Persistent link: https://www.econbiz.de/10013316106
We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the max-mean wage differential. The latter measure of...
Persistent link: https://www.econbiz.de/10013316070
One goal of the public employment service is to facilitate matching between unemployed job seekers and job vacancies …
Persistent link: https://www.econbiz.de/10013316401