Showing 1 - 10 of 161
"Expectations regarding the economic development might be correlated due to various reasons: because individuals use the same public information and similar evaluation methods, and because of social learning or herding amongst peers. We analyse to what extent expectations are driven by herd...
Persistent link: https://www.econbiz.de/10010641636
the model achieves nearly unconstrained efficiency despite frictions." (Author's abstract, IAB-Doku) ((en)) …"The matching of likes is a frequently observed phenomenon. However, for such assortative matching to arise in a search … model, often implausibly strong conditions are required. This paper shows that, once signals are introduced, a search model …
Persistent link: https://www.econbiz.de/10010641640
the model achieves nearly unconstrained efficiency despite frictions." (Author's abstract, IAB-Doku) ((en)) …"The matching of likes is a frequently observed phenomenon. However, for such assortative matching to arise in a search … model, often implausibly strong conditions are required. This paper shows that, once signals are introduced, a search model …
Persistent link: https://www.econbiz.de/10010592297
"Expectations regarding the economic development might be correlated due to various reasons: because individuals use the same public information and similar evaluation methods, and because of social learning or herding amongst peers. We analyse to what extent expectations are driven by herd...
Persistent link: https://www.econbiz.de/10010592351
"Using a search theoretical model, we analyse the effects of the information flow via social networks (friends …
Persistent link: https://www.econbiz.de/10009364667
determining factors. The analysis is based on job matching and efficiency wage theory which are used to derive a relationship …
Persistent link: https://www.econbiz.de/10010641645
setting. I review new developments in search theory and discuss the influence of minimum wages on wages and employment under … market in equilibrium search models. In the homogeneous case minimum wages do not affect employment, while in the …
Persistent link: https://www.econbiz.de/10005537096
determining factors. The analysis is based on job matching and efficiency wage theory which are used to derive a relationship …
Persistent link: https://www.econbiz.de/10010592271
setting. I review new developments in search theory and discuss the influence of minimum wages on wages and employment under … market in equilibrium search models. In the homogeneous case minimum wages do not affect employment, while in the …
Persistent link: https://www.econbiz.de/10010592293
"Does the low wage sector serve as a stepping stone towards integration into better-paid jobs or at least towards integration of jobless people into employment? There is evidence for a 'low-wage trap' and for a high risk of low-wage earners to get unemployed, but this may also be due to sorting...
Persistent link: https://www.econbiz.de/10010592382