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In our increasingly interconnected and open world, international migration is becoming an important socio-economic phenomenon for many countries. Since the early 1980s, many studies have been undertaken of the impact of immigration on host labour markets. Borjas (2003) noted that the estimated...
Persistent link: https://www.econbiz.de/10010325439
In this paper we determine the feasibility of using data from thePanel Study of Income Dynamics to estimate the Burdett-Mortensengeneral equilibrium search model. The data contain sufficientinformation on wages, labor force states, durations, and transitionsto generate estimates of the model's...
Persistent link: https://www.econbiz.de/10010324399
We present an equilibrium-search model with heterogenous workers whosearch for a job in one of two sectors and who lose part of theirskills during unemployment. We show that an import tariff increasethe wage and the employment prospects in the protected sector. Thisresults in a labor market...
Persistent link: https://www.econbiz.de/10010324466
This paper examines the use of equilibrium search models in the empiricalanalysis of labor markets. We survey the literature on structural estimationof these models with micro data on wages and durations, and we discuss theadvantages of the equilibrium approach, for policy analysis and...
Persistent link: https://www.econbiz.de/10010324501
The purpose of this paper is to introduce a series of articles on the linksbetween innovation, the evolution of industry and employment. These relationsprovide the building blocks of a new industrial policy. The articles areincluded in Innovation, Industry Evolution and Employment published by...
Persistent link: https://www.econbiz.de/10010324513
Equilibrium search models are useful tools for the evaluation oflabor market policies. Recently developed equilibrium search models of thelabor market are able to fit the wage distribution perfectly with longitudinallabor supply data, by estimating an appropriate distribution of...
Persistent link: https://www.econbiz.de/10010324522
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with wage setting, search frictions, and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after...
Persistent link: https://www.econbiz.de/10010324545
In this paper we derive a structural measure for labor market density based on the Ellison and Glasear (1997) Index for industry concentration. This labor market density measure serves as a proxy for the number of workers that can reach a certain work area within a reasonal amount of traveling...
Persistent link: https://www.econbiz.de/10010324590
When workers send applications to vacancies they create a network. Frictionsarise because workers typically do not know where other workers apply to and firmsdo not know which candidates other firms consider. The first coordination frictionaffects network formation, while the second coordination...
Persistent link: https://www.econbiz.de/10010326553
This paper investigates worker flows in Russia. Information onelapsed durationsof job tenure from the 1994-1996 Russian Longitudinal MonitoringSurvey (RLMS)and fromretrospective work history responses to the Institute for LaborRelationsResearch (ISITO) 1998 household survey is used. Competing...
Persistent link: https://www.econbiz.de/10010324400