A search model of the labor market is augmented to include commuting time to work. The theory posits that wages are … impact of commute time on job acceptance decisions. We also use the theory to calculate the bargaining power of workers which …

unearned wages (as women drop out of the labor market), loss of human capital, and selection into more child …-friendly occupations. We estimate a dynamic life-cycle model of fertility, occupational choice, and labor supply using detailed survey and …-female wage gap as it evolves from labor market entry onward and the effect of pro-fertility policies. We show that a substantial …

In this paper, we investigate how changes in the skill mix of local labor supply are absorbed by the economy. We … absorption process of labor supply shocks. Our analysis is based on administrative data, comprising the entirety of firms in … Germany over a 10 years period. We find that, while factor price adjustments are important in the non-tradable sector, labor …

Building a model with three imperfect markets - goods, labor and credit - representing a product's life-cycle, we find … that goods market frictions drastically change the qualitative and quantitative dynamics of labor market variables. The … search models of the labor market fail in one of the two dimensions. Two factors related to goods market frictions generate …

Unemployment may depend on equilibrium in other markets than the labor markets. This paper adresses this old idea by … introducing search frictions on several markets: in a model of credit and labor market imperfections as in Wasmer and Weil (2004 …

unique matched employer-employee data that cover the entire workforce in one large metropolitan labor market over a 20 year … deficiencies in the labor market and lead to productivity gains for workers and firms. -- networks ; referrals ; uncertainty …

labor frictions. Under standard assumptions, theory always implies a motononic negative link between capital-labor ratios …Employment protection (EPL) has a well known negative impact on labor flows as well as an ambiguous but often negative … effect on employment. In contrast, its impact on capital accumulation and capital-labor ratio is less well understood. The …