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We structurally estimate an equilibrium search model using German administrative data and use this for counterfactual analyses of a uniform minimum wage. The model with worker and firm heterogeneity does not restrict the sign of employment effects a priori and allows for different job offer...
Persistent link: https://www.econbiz.de/10011879040
search models. Specifically, the correlation between pre- and post-displacement wages is informative of frictional wage …
Persistent link: https://www.econbiz.de/10012319318
A wide class of models with On-the-Job Search (OJS) predicts that workers gradually select into better-paying jobs. We develop a simple methodology to test predictions implied by OJS using two sources of identification: (i) time-variation in job-finding rates and (ii) the time since the last...
Persistent link: https://www.econbiz.de/10011637591
the job-finding probability of unemployed with vacancy referrals unaffected, and increased average wages of newly hired …
Persistent link: https://www.econbiz.de/10014505833
firms, and multiple asymmetric regions. Wages, productivity, consumption diversity, and markups across firms and markets are …
Persistent link: https://www.econbiz.de/10009683263
We use data on wages and rents in different U.S. cities to assess the amenity effects on production and consumption of …
Persistent link: https://www.econbiz.de/10011404281
wages and workers cannot commit to not searching on the job. The resulting progression of wages (from firms paying just … growth are negatively correlated with initial wages. …
Persistent link: https://www.econbiz.de/10014434270
We study how job seekers respond to wage announcements by assigning wages randomly to pairs of otherwise similar …
Persistent link: https://www.econbiz.de/10011924640
How skills acquired in vocational education and training (VET) affect wages and employment is not clear. We develop and … wages. We find that firms value cognitive skills on average almost twice as much as interpersonal and manual skills, and … they prize complementarity in cognitive and interpersonal skills. The average return to VET skills in hourly wages is 9 …
Persistent link: https://www.econbiz.de/10011864583
immigrants' wages are the lowest of all workers due to their ineligibility for unemployment benefits and lower wage bargaining …, resulting in gains in terms of both employment and wages for natives, which does not hold for documented immigration. Stricter … effect if it targets employed workers because this leads to a risk premium in their wages. Finally, I present empirical …
Persistent link: https://www.econbiz.de/10011688026