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participation and employment). In contrast, there are important effects at the intensive margin: a 10 percentile higher ICT skills … index increases the probability of salaried employment by 6.5 percentage points, and leads to a 9.5 percent higher per … capita expenditure. Employment transitions happen from daily wage employment and self-employment to salaried employment. The …
Persistent link: https://www.econbiz.de/10014580726
In recent decades most developed countries have experienced an increase in income inequality. In this paper, we use an equilibrium search framework to shed additional light on what is causing an income distribution to change. The major benefit of the model is that it can accommodate shocks to...
Persistent link: https://www.econbiz.de/10003941761
penalty associated with non-compliance. Workers may enter self-employment or search for jobs as employees. Workers with higher … managerial skills will run larger firms while workers with lower will manage smaller firms and will be in self-employment only … when they cannot find a salary job. For these workers self-employment is a secondary/informal form of employment. The …
Persistent link: https://www.econbiz.de/10009548123
We characterize the equilibrium of a search model with a continuum of job and worker types, wage bargaining, free entry of vacancies and on-the-job search. The decentralized economy with monopsonistic wage setting yields too many vacancies and hence too low unemployment compared to first best....
Persistent link: https://www.econbiz.de/10003155785
The paper develops an equilibrium search and matching model where two-person families as well as singles participate in … receive higher wages than employed singles. The model is applied to a welfare analysis of alternative unemployment insurance … systems, recognizing the role of spousal employment as a partial substitute for public insurance. The optimal system involves …
Persistent link: https://www.econbiz.de/10003934491
Persistent link: https://www.econbiz.de/10001766993
percent and 1 percent of the within-firm wage distribution rise substantially. Instead, the effect on average wages is small …
Persistent link: https://www.econbiz.de/10015050833
literature by analyzing the impact of the transition from salaried employment to self-employment on self-reported skill … that those individuals who transit from salaried employment to self-employment reduce their probability of skill mismatches …
Persistent link: https://www.econbiz.de/10010513338
interdependencies are taken into account and matching procedures are applied, the outcome matches to that of independent and unmatched …
Persistent link: https://www.econbiz.de/10011972451
We develop and estimate a search model that captures the specific characteristics of Latin America and Caribbean (LAC) labor markets and the crucial differences between men and women. Labor force participation decisions are integrated in the labor market dynamics, taking into account sample...
Persistent link: https://www.econbiz.de/10012486482