Showing 1 - 10 of 22
This paper uses the 2011 China Household Finance Survey data to estimate the effect of change in housing value on homeowners' labor force participation. Using the average housing capital gains of other homes in the same community as an instrument for the housing capital gains of a given...
Persistent link: https://www.econbiz.de/10011452653
The focus of this chapter is to consider new developments in the search and matching literature where wages, quit … to highlight possible market failures but also to explain how on-the-job search and employee turnover fundamentally …
Persistent link: https://www.econbiz.de/10011346596
A woman assessing the wealth of a potential husband may observe some, but not all, of his wealth. She may screen, leading to status consumption and wasteful gift giving. The screening activity is costly not only for the potential husband, but also for the woman, as it reduces the wealth of the...
Persistent link: https://www.econbiz.de/10010379931
Since the last recession, it is usually argued that older workers are less affected by the economic downturn because their unemployment rate rose less than the one of prime-age workers. This view is a myth: older workers are more sensitive to the business cycle. We document volatilities of...
Persistent link: https://www.econbiz.de/10010339640
When permitted by law, employers sometimes state the preferred age and sex of their employees in job ads. We study this practice using data from one Mexican and three Chinese job boards, showing that it is widely used to request both genders and is especially prevalent in jobs with low skill...
Persistent link: https://www.econbiz.de/10011458066
We study the effects of immigration on native welfare in a general equilibrium model featuring two skill types, search … studied, immigration attenuates the effects of search frictions. These gains tend to outweigh the welfare costs of … in two thirds of countries, contrary to what models without search frictions predict. Average total gains from …
Persistent link: https://www.econbiz.de/10010418917
This paper studies a labor market search-matching model with multi-worker firms to investigate how firms utilize the …
Persistent link: https://www.econbiz.de/10010502792
We develop a search model of informal labor markets with worker and firm heterogeneity, intra-firm bargaining with …
Persistent link: https://www.econbiz.de/10011476551
In this paper we develop a model capturing key features of the Roy model, a search model, compensating differentials … the job match obtained by search frictions varies from around 9% to around 29% depending on how we account for other … features. Compensating differentials and search are both very important for explaining other features of the data such as the …
Persistent link: https://www.econbiz.de/10011480819
increase in the option value of search: with better ability to differentiate offer quality, workers become choosier and …
Persistent link: https://www.econbiz.de/10012795404