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Minimum wage effects on labor market outcomes under search with bargaining
Flinn, Christopher J. - 2003
incorporating a limited amount of information from the demand side of the market, we are able to obtain credible and precise …
Persistent link: https://www.econbiz.de/10010261648
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An Examination of Sheepskin Effects Over Time
Habermalz, Steffen - 2003
Previous empirical specifications are not flexible enough to capture the true pattern of sheepskin effects over time. If the quality of the match between the worker and the job contributes to earnings and if higher ability workers more easily reveal their true productivity, sheepskin effects...
Persistent link: https://www.econbiz.de/10010261977
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Do Wages Really Compensate for Risk Aversion and Skewness Affection?
Hartog, Joop; Vijverberg, Wim P. M. - 2002
Utility theory suggests that foreseeable risk should increase the compensation for work. This paper expands on this notion: on basis of utility theory, people should care not only about risk but also about the skewness in the distribution of the compensation paid. In particular, because the...
Persistent link: https://www.econbiz.de/10010262821
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Assessing the Performance of Matching Algorithms When Selection into Treatment Is Strong
Augurzky, Boris; Kluve, Jochen - 2004
This paper investigates the method of matching regarding two crucial implementation choices, the distance measure and … the type of algorithm. We implement optimal full matching - a fully efficient algorithm - and present a framework for … that decisions regarding the matching algorithm depend on the structure of the data: In the case of strong selection into …
Persistent link: https://www.econbiz.de/10010262048
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Earnings Dispersion, Risk Aversion and Education
Belzil, Christian; Hansen, Jörgen - 2002
We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...
Persistent link: https://www.econbiz.de/10010262728
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The Promotion Dynamics of American Executives
Belzil, Christian; Bognanno, Michael - 2004
consistent with the hypothesis that the signaling aspect of past promotions is stronger for those who are less educated and …
Persistent link: https://www.econbiz.de/10010261773
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Fairness and Freight-Handlers : Local Labor-Market Conditions and Wage-Fairness Perceptions in a Trucking Firm
Verhoogen, Eric A.; Burks, Stephen V.; Carpenter, Jeffrey P. - 2004
This paper draws on evidence from an internal attitude survey in the freight-handling terminals of a unionized trucking firm to investigate the effect of local labor market conditions on employee wage-fairness perceptions. The key element of our research design is that local managers have no...
Persistent link: https://www.econbiz.de/10010276948
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Spatial Mismatch: From the Hypothesis to the Theories
Selod, Harris; Gobillon, Laurent; Zenou, Yves - 2003
Since the 1950s, there has been a steady decentralization of entry-level jobs towards the suburbs of American cities, while racial minorities ?and particularly blacks? have remained in city centers. In this context, the spatial mismatch hypothesis argues that because the residential locations of...
Persistent link: https://www.econbiz.de/10010262106
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Employee Referrals and Efficiency Wages
Kugler, Adriana D. - 2002
employees. This paper develops a matching model that can explain the link between inter-industry wage differentials and use of … formal methods (e.g., newspaper ads). In equilibrium, the matching process generates segmentation in the labor market because …
Persistent link: https://www.econbiz.de/10010262359
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Signaling in the Labor Market: New Evidence on Layoffs and Plant Closings
Rodríguez-Planas, Núria - 2004
In my asymmetric-information model of layoffs, high-productivity workers are more likely to be recalled to their former … not have a positive signaling benefit. Analysis of the data from the January 1988-2000 Displaced Workers Supplements to … workers displaced through plant closings in the predicted way, and finds evidence consistent with asymmetric information in …
Persistent link: https://www.econbiz.de/10010276359