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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

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

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

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

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

Equilibrium directed search with multiple applications

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

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

Economic science and political influence

Saint-Paul, Gilles - 2012

When policymakers and private agents use models, the economists who design the model have an incentive to alter it in order to influence outcomes in a fashion consistent with their own preferences. I discuss some consequences of the existence of such ideological bias. In particular, I analyze...

Persistent link: https://www.econbiz.de/10009683154

Jacob Mincer, experience and the distribution of earnings

Chiswick, Barry R. (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001784251

Wages, training and job turnover in a search-matching model

Rosholm, Michael; Svarer, Michael - 2000

In this paper we extend a job search-matching model with firm-specific investments in training developed by Mortensen (2000) to allow for different offer arrival rates in employment and unemployment. The model by Mortensen changes the original wage posting model (Burdett and Mortensen, 1998) in...

Persistent link: https://www.econbiz.de/10011339694

The reservation wage curve : evidence from the UK

Brown, Sarah; Taylor, Karl - 2014

We investigate the relationship between an individuals' reservation wage, i.e. the lowest wage acceptable in order to enter into employment, and unemployment in the local area district. Largely unexplored in the literature this adds to the work which has examined the association between employee...

Persistent link: https://www.econbiz.de/10010412654

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