Showing 1 - 10 of 434
This paper assesses the relationship between government and manufacturing wages. We find that the long-run relation between the two wages is stronger when the government is a large employer. Manufacturing wages are better aligned with productivity and unemployment when public wages, to which...
Persistent link: https://www.econbiz.de/10011480768
In order to improve our understanding of the channels through which monetary policy has distributional consequences, we build a New Keynesian model with incomplete asset markets, asymmetric search and matching (SAM) frictions across skilled and unskilled workers and, foremost, capital-skill...
Persistent link: https://www.econbiz.de/10011853562
This paper provides a model that can account for the almost uniform staggering of wage contracts in some countries as well as for the markedly nonuniform staggering in others. In the model, short and long contracts as well as long contracts concluded in different periods are strategic...
Persistent link: https://www.econbiz.de/10003983623
This paper develops and estimates a model with multiple schooling choices that identifies the causal effect of different levels of schooling on health, health-related behaviors, and labor market outcomes. We develop an approach that is a halfway house between a reduced form treatment effect...
Persistent link: https://www.econbiz.de/10010257595
We develop a theory of labor markets in a monetary economy with four realistic features: search frictions, worker …
Persistent link: https://www.econbiz.de/10014278008
Persistent link: https://www.econbiz.de/10001224751
Persistent link: https://www.econbiz.de/10001234832
Persistent link: https://www.econbiz.de/10001236996
Persistent link: https://www.econbiz.de/10001481706
Persistent link: https://www.econbiz.de/10001778808