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The pro-competitive consequences of trade in frictional labor markets
Firooz, Hamid - 2023
. In particular, I show that once markups are allowed to respond to trade liberalization, unemployment and residual wage …
Persistent link: https://www.econbiz.de/10014364693
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Biased expectations and labor market outcomes : evidence from German survey data and implications for the East-West wage gap
Balleer, Almut; Duernecker, Georg; Forstner, Susanne; … - 2023
We measure individual bias in labor market expectations in German survey data and find that workers on average significantly overestimate their individual probabilities to separate from their job when employed as well to find a job when unemployed. These biases vary significantly between...
Persistent link: https://www.econbiz.de/10014247564
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Coworker networks and the labor market outcomes of displaced workers : evidence from Portugal
Garcia-Louzao, Jose; Silva, Marta - 2023
The use of social contacts in the labor market is widespread. This paper investigates the impact of personal connections on hiring probabilities and re-employment outcomes of displaced workers in Portugal. We rely on rich matched employer-employee data to define personal connections that arise...
Persistent link: https://www.econbiz.de/10014283914
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Skill remoteness and post-layoff labor market outcomes
Macaluso, Claudia - 2023
This paper quantifies how the local skill remoteness of a laid-off worker's last job affects subsequent wages, employment, and mobility rates. Local skill remoteness captures the degree of dissimilarity between the skill profiles of the worker's last job and all other jobs in a local labor...
Persistent link: https://www.econbiz.de/10014444855
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Wages, human capital, and structural transformation
Herrendorf, Berthold; Schoellman, Todd - 2017
countries ranging from rich (Canada, U.S.) to poor (India, Indonesia). We develop a measure of human capital that accounts for …
Persistent link: https://www.econbiz.de/10011645910
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Why is measured productivity so low in agriculture?
Herrendorf, Berthold; Schoellman, Todd - 2015
In poor countries, labor productivity in agriculture is considerably lower than in the rest of the economy. We assess whether this well known fact implies that labor is mis-allocated between the two sectors. We make several observations that suggest otherwise. First, the same fact holds for US...
Persistent link: https://www.econbiz.de/10011309213
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Job search, human capital and wage inequality
Carrillo-Tudela, Carlos - 2012
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 labour market with different abilities and firms differ in their productivities. Wages are dispersed...
Persistent link: https://www.econbiz.de/10009659316
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Peer effects in the workplace
Cornelißen, Thomas; Dustmann, Christian; Schönberg, Uta - 2013 - This Version: August 2013
Existing evidence on peer effects in a work environment stems from either laboratory experiments or from real-word studies referring to a specific firm or specific occupation. Yet, it is unclear to what extent these findings apply to the labor market in general. In this paper, therefore, we...
Persistent link: https://www.econbiz.de/10009793151
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Is training more frequent when wage compression is higher? : evidence from 11 European countries
Brunello, Giorgio - 2002
In this empirical paper, I use the 1996 wave of the ECHP dataset to investigate the relationship between measures of wage compression and training incidence in 11 European countries. After controlling for individual factors and country specific institutional differences, I find evidence of a...
Persistent link: https://www.econbiz.de/10011408779
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Unemployment and debt dynamics in a highly indebted small open economy
Heer, Burkhard; Schubert, Stefan Franz - 2011
a highly indebted open economy. In contrast to the standard open economy framework, search unemployment and wage … intertemporal welfare gain, even though unemployment increases strongly in the short run. A 50% haircut of foreign debt … significantly reduces the initial response of the unemployment rate. In case of a temporary productivity shock, sticky wages imply …
Persistent link: https://www.econbiz.de/10009153857