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I study inequality in job values, both in terms of wages and non-wage values, in Austria over the period 1996 to 2011 … the distribution of job value among workers and find a positive correlation between wage and non-wage value. Inequality in … job value is thus considerably greater than wage inequality, reflected in the standard deviation of job value being more …
Persistent link: https://www.econbiz.de/10014443868
This paper is concerned with the question of whether top income earners are permanently there or only temporarily receive the highest incomes. How much mobility is there at the top of the income distribution, and how has mobility changed over time? The paper makes both a methodological and an...
Persistent link: https://www.econbiz.de/10010211222
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are …
Persistent link: https://www.econbiz.de/10003832116
We develop a standard search-matching model in which mobility costs are so high that it is too costly for workers to relocate when a change in their employment status occurs. We show that, in equilibrium, wages increase with distance to jobs and commuting costs because firms need to compensate...
Persistent link: https://www.econbiz.de/10003580850
We explore three hitherto poorly understood characteristics of the human trafficking market - the cross-border ease of mobility of traffickers, the relative bargaining strength of traffickers and final buyers, and the elasticity of buyers' demand. In a model of two-way bargaining, the exact...
Persistent link: https://www.econbiz.de/10009523461
distributions generally overlap. The model shows that the impact of any given skill-biased technical change on wage inequality is …
Persistent link: https://www.econbiz.de/10009727655
Persistent link: https://www.econbiz.de/10001808404
Persistent link: https://www.econbiz.de/10001838257
Persistent link: https://www.econbiz.de/10001733997
This paper analyzes the joint dynamics of prices, output and employment across firms. We develop a dynamic equilibrium model of heterogeneous firms who compete for workers and customers in frictional labor and product markets. Idiosyncratic productivity and demand shocks have distinct...
Persistent link: https://www.econbiz.de/10011896893