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We survey the recent empirical literature on the effects of offshoring on wages, employment and displacement. We start … identification strategies used, critically assess strengths and weaknesses, discuss connections with theory, and draw out potential …
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unemployment. We show that heterogeneity, reflecting differences in match quality and worker assets, reduces the extent of … fluctuations in separations and unemployment. We find that the model faces a trade-off--it cannot produce both realistic dispersion … in wage growth across workers and realistic cyclical fluctuations in unemployment …
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demand and wages of most U.S. native workers …
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We estimate a structural model of job assignment in the presence of coordination frictions due to Shimer (2005). The coordination friction model places restrictions on the joint distribution of worker and firm effects from a linear decomposition of log labor earnings. These restrictions permit...
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second moments of the joint distribution over individual wages, consumption and hours …
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