The implications of on-the-job search and learning-by-doing of young workers are studied in a search-matching model. The labor market is segmented in two sub-markets: that of beginners, and that of experienced workers offering higher wages. After a long enough employment spell, beginners can...

We show that the severance pay scheme can serve as bond and improve the welfare. When the authority appropriately adjudges the worker's effort, the increase in a severance payment reduces the shirker''s expected benefit, so that the severance pay works as a bond, which is warranted by the authority.

We show that the severance pay scheme can serve as bond and improve the welfare. When the authority appropriately adjudges the worker's effort, the increase in a severance payment reduces the shirker''s expected benefit, so that the severance pay works as a bond, which is warranted by the authority.

I use 1980, 1990, and 2000 Census data to show that greater residential segregation is associated with a lower probability that black men, black women, white men, and white women are in black-white marriages. This negative relationship grows stronger among whites and remains constant among...

Using recently-available data from the New Immigrant Survey, we find that previous self-employment experience in an immigrant's country of origin is an important determinant of self-employment status in the U.S., increasing the probability of being self-employed by about 7 percent relative to an...

In this paper, we document the intensive and extensive margin adjustments of labor market in Turkey and US. We find that both margins are important. More interestingly, the weight of intensive margin adjustment does not differ substantially between the two countries. Common wisdom and some...

This paper examines the effect of internal migration of foreign-born residents on migratory patterns of natives in Spain during 2003-2005. The results obtained through a synthetic index of inter-regional mobility and the comparison of relative redundancies for their migration flows show that the...

This paper examines the effect of internal migration of foreign-born residents on migratory patterns of natives in Spain during 2003-2005. The results obtained through a synthetic index of inter-regional mobility and the comparison of relative redundancies for their migration flows show that the...

Studies in the US have shown that black immigrants have remained at the bottom of the wage ladder and that other groups of immigrants have overtaken them over time. The goal of this research is to determine whether a specific group of immigrants can displace a group at the bottom of the ladder....

Marital status could be potentially correlated with women's labor force participation through unobservable factors. Using micro-data from the Chinese Population Census, this paper exploits exogenous variations in marriage caused by the Chinese Zodiac to estimate the causal effect of marital...