Showing 1 - 10 of 2,434
This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when … communicate and coordinate at lower resource cost. The theory delivers full task specialization in the labor and education markets …, but incomplete specialization in marriage. It also captures well-known matching patterns in each of these sectors …
Persistent link: https://www.econbiz.de/10009537710
In this paper, we describe a novel iterative procedure called SISTA to learn the underlying cost in optimal transport problems. SISTA is a hybrid between two classical methods, coordinate descent ("S"-inkhorn) and proximal gradient descent ("ISTA"). It alternates between a phase of exact...
Persistent link: https://www.econbiz.de/10012519120
We examine the direct impact of idiosyncratic match quality on entry wages and job mobility using unique data on worker talents matched to job-indicators and individual wages. Tenured workers are clustered in jobs with high job-specific returns to their types of talents. We therefore measure...
Persistent link: https://www.econbiz.de/10011408194
This paper suggests that in the US context, workers tend to invest in general human capital especially since they face little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration of jobs) favors specific human capital investments....
Persistent link: https://www.econbiz.de/10011412475
This paper examines the effects of reforms that reduced alimony on matching in the marriage market. Recent literature … assortative matching, as women forgo specialization which may not be compensated upon divorce. Using state-level data on alimony …-based measures of assortative matching increase similarly. Moreover, we find the largest effects among those groups who might be more …
Persistent link: https://www.econbiz.de/10012703134
Integrating Roy with Becker, this paper studies occupational choice and matching in the labor market. Our model …
Persistent link: https://www.econbiz.de/10011613424
% higher first stage effort than random matching. In line with the theory the latter result is more pronounced when the task … performance. Our results are consistent with a simple investment-cum-matching model: pairing the worst performing individuals with … the best yields 20% lower first stage effort than random matching. Pairing the best with the best, however, yields 5 …
Persistent link: https://www.econbiz.de/10011594146
We propose and implement a new method to estimate treatment effects in settings where individuals need to be in a certain state (e.g. unemployment) to be eligible for a treatment, treatments may commence at different points in time, and the outcome of interest is realized after the individual...
Persistent link: https://www.econbiz.de/10012035113
their match. We study two prevalent approaches for matching within organizations: Centralized assignment by firm leaders and …
Persistent link: https://www.econbiz.de/10014529840
production determined by a matching process between workers and jobs. Macroeconomic equilibrium (national savings equal to …
Persistent link: https://www.econbiz.de/10011403982