Similar Search Results

Hedonic wage equilibrium : theory, evidence and policy

Kniesner, Thomas J.; Leeth, John D. - 2010

We examine theoretically and empirically the properties of the equilibrium wage function and its implications for policy. Our emphasis is on how the researcher approaches economic and policy questions when there is labor market heterogeneity leading to a set of wages. We focus on the application...

Persistent link: https://www.econbiz.de/10008688722

Equilibrium wage arrears : a theoretical and empirical analysis of institutional lock-in

Earle, John S.; Sabirianova Peter, Klara - 2000

We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...

Persistent link: https://www.econbiz.de/10011339102

Worker mobility in a search model with adverse selection

Carrillo-Tudela, Carlos; Kaas, Leo - 2015

We analyze the effects of adverse selection on worker turnover and wage dynamics in a frictional labor market. We consider a model of on-the-job search where firms offer promotion wage contracts to workers of different abilities, which is unknown to firms at the hiring stage. With sufficiently...

Persistent link: https://www.econbiz.de/10011346594

Equilibrium directed search with multiple applications

Albrecht, James W. (contributor); … - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001733927

The effects of rent-sharing on the gender wage gap in the Israeli manufaturing sector

Navon, Guy (contributor); Tojerow, Ilan (contributor) - 2006

This paper analyzes the impact of workplace characteristics on individual wages based on a unique cross-section matched employer-employee dataset for the Israeli private manufacturing sector in 1995; especially, we examine the effects of the interaction between rent-sharing and wages on the gender...

Persistent link: https://www.econbiz.de/10003384905

Wage determination and the sources of bargaining power

Manzini, Paola; Snower, Dennis J. - 2002

the bargaining process itself. This approach leads to a new theory of wage determination. …

Persistent link: https://www.econbiz.de/10011412236

Labor market efficiency, wages and employment when search frictions interact with intrafirm bargaining

Cahuc, Pierre; Wasmer, Etienne - 2001

In search of a macroeconomic theory of wage determination, the agnostic reader should be puzzled by the apparent … contradiction between two influential theories. On one hand, in the standard search-matching theory with wage bargaining, hiring … overemployment or to under-employment compared with the first-best. On the other hand, in Stole and Zwiebel's theory of intrafirm …

Persistent link: https://www.econbiz.de/10011401500

Economic integration and labor market institutions : worker mobility, earnings risk, and contract structure

Schöb, Ronnie (contributor); Wildasin, David E. (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001830020

Mincer's overtaking point and the lifecycle earnings distribution

Polachek, Solomon W. (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001784342

Efficiency in a matching model with heterogeneous agents : too many good or bad jobs?

Blázquez Cuesta, Maite (contributor); … - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001876886