Showing 1 - 10 of 183
The process of matching between firms and workers is an important mechanism in determining the distribution of wages … association of firm-worker matches known as positive assortative matching (PAM). Immigration in a local labor market, by … that the increased degree of positive assortative matching is mainly reached by high-productive firms "losing" lower …
Persistent link: https://www.econbiz.de/10012194409
We develop a model to explain two-way migration of high-skilled individuals between countries that are similar in their … economic characteristics. High-skilled migration results from the combination of workers whose abilities are private knowledge … migration cost, high-skilled workers self-select into the group of migrants. The laissez-faire equilibrium features too much …
Persistent link: https://www.econbiz.de/10011384364
This paper studies equilibrium unemployment in a two-region economy with matching frictions, where workers and jobs are …. Search-matching externalities are amplified by the latter possibility and by the fact that some workers can simultaneously … receive a job offer from each region. The rest of the framework builds upon Moretti (2011). Increasing the matching …
Persistent link: https://www.econbiz.de/10010515473
We develop a two-sided matching model to analyze collaboration between heterogeneous academics and firms. We predict a … positive assortative matching in terms of both scientific ability and affinity for type of research, but negative assortative …
Persistent link: https://www.econbiz.de/10009772922
When providing public goods through voluntary contributions, a donor may introduce unilateral matching in order to … reduce underprovision of the public good and thus inefficiency. By itself, however, matching benefits the donor but harms the …
Persistent link: https://www.econbiz.de/10010371914
model the principal-agent economy as a two-sided matching game and characterise the set of stable outcomes of this principal …-agent matching market. A simple mechanism to implement the set of stable outcomes is proposed. Finally, we put forward examples of …
Persistent link: https://www.econbiz.de/10011507906
The theory of money typically ignores the fact that the mode of market interaction arises endogenously, and simply assumes a decentralized, bilateral exchange process. However, endogenizing the organization of trade is critical for understanding the conditions that lend themselves to the...
Persistent link: https://www.econbiz.de/10011518683
Evidence suggests that participants in direct student-proposing deferred-acceptance mechanisms (DA) play dominated strategies. To explain the data, we introduce expectation-based loss aversion into a school-choice setting and characterize choice-acclimating personal equilibria in DA. We find...
Persistent link: https://www.econbiz.de/10012698801
We experimentally study decentralized one-to-one matching markets with transfers. We vary the information available to …
Persistent link: https://www.econbiz.de/10012415563
How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi …
Persistent link: https://www.econbiz.de/10012156373