Similar Search Results

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

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

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

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

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

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

How much do workers actually value working from home?

Nagler, Markus; Rincke, Johannes; Winkler, Erwin - 2022

Working from home (WFH) has become ubiquitous around the world. We ask how much workers actually value this job attribute. Using a stated-preference experiment, we show that German employees are willing to give up 7.7% of their earnings for WFH, but they value other job attributes more. For...

Persistent link: https://www.econbiz.de/10013445443

Returns to ICT skills

Oliver, Falck; Heimisch-Röcker, Alexandra; Wiederhold, … - 2016

How important is mastering information and communication technologies (ICT) in modern labor markets? We present the first evidence on this question, drawing on unique data that provide internationally comparable information on ICT skills in 19 countries. Our identification strategy relies on the...

Persistent link: https://www.econbiz.de/10011416403

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

Monopolistic competition, efficiency wages and perverse effects of demand shock

Malley, James R.; Molana, Hassan - 2001

number of European countries, for the main predictions of this model that unemployment and output are positively related when … unemployment is low and inversely related when unemployment is high. An important policy insight that emerges from this study is … that an exogenous stimulation of aggregate demand can only raise output and reduce unemployment provided the economy is …

Persistent link: https://www.econbiz.de/10011398788