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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/10009239488
In Lazear's (1979) model of efficient long-term incentive contracts, employers impose involuntary retirement based on age. This model implies that age discrimination laws, which bar involuntary terminations based on age, discourage the use of such contracts and reduce efficiency. Alternatively,...
Persistent link: https://www.econbiz.de/10012472726
Poland, Hungary. and Czechoslovakia and develop a model of changing support for reforms during the transition to a market … massive vacancies. The dispersion of wages increased substantially in Hungary and Poland though not in Czechoslovakia. My …
Persistent link: https://www.econbiz.de/10012474756
. Consider the following matching mechanism: take a random draw from the `W=w_j` subgroup of the first population and match her … function (AMF), denote the expected output associated with this match. We show that (i) the AMF is identified when matching is … conditionally exogenous, (ii) conditionally exogenous matching is compatible with a pairwise stable aggregate matching equilibrium …
Persistent link: https://www.econbiz.de/10012456576
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
their match. We study two prevalent approaches for matching within organizations: Centralized assignment by firm leaders and …
Persistent link: https://www.econbiz.de/10014534059
Persistent link: https://www.econbiz.de/10003625044
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unemployment and vacancy rates and the related matching function as proxies for the functioning of the labor market and explores …
Persistent link: https://www.econbiz.de/10009707552
provides 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/10011524613