Showing 1 - 10 of 192
The empirical literature addressing links between the labor and marriage markets is numerous. Despite this, the theoretical literature that explicitly links the two markets is less developed, particularly so with frictional markets. We build an equilibrium search model where married couples make...
Persistent link: https://www.econbiz.de/10012951689
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
The paper develops an equilibrium search and matching model where two-person families as well as singles participate in …
Persistent link: https://www.econbiz.de/10013148294
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
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
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
It has been noted that the search and matching model cannot account for the observed unemployment fluctuations. Gertler … heterogeneity. We find that the new model with even only a small fraction of sticky wage contracts comes closer to matching the data …
Persistent link: https://www.econbiz.de/10012951773
We analyze union behavior in a model with membership dynamics and compare the labor market outcomes to static union models. Based on empirical findings we modify standard models and show that the well-known result that static models overstate distortions caused by unions only holds in the...
Persistent link: https://www.econbiz.de/10013137869
This paper sets up a general oligopolistic equilibrium model with two countries that differ in the centralization of union wage setting. Being interested in the consequences of openness, we show that, in the short-run, trade increases welfare and employment in both locations, and it raises...
Persistent link: https://www.econbiz.de/10013100837
This paper contributes to the analysis of central vs. decentral (firm-level) labour market negotiations. We argue that during negotiations on a central scale employers and employees plausibly take output market effects into account, while they behave competitively during firm-level negotiations....
Persistent link: https://www.econbiz.de/10013072513