Showing 1 - 10 of 428
wages are fixed. We also account for the financing of these benefits and determine the level of benefits necessary to …
Persistent link: https://www.econbiz.de/10013130454
short-run wages, but fared significantly better in the longer run. Second, we compare labor market outcomes of subsidized … wages of workers would not have differed significantly, if they had been hired in another industry instead. However, we find … significant differences in short-term wages, employment and tenure outcomes across industries. Finally, from a fiscal point of …
Persistent link: https://www.econbiz.de/10013139947
We estimate a structural model of job assignment in the presence of coordination frictions due to Shimer (2005). The coordination friction model places restrictions on the joint distribution of worker and firm effects from a linear decomposition of log labor earnings. These restrictions permit...
Persistent link: https://www.econbiz.de/10013116589
wages and a simultaneous increase in travel-to-work distance. Nonetheless, when unobserved characteristics are accounted for …
Persistent link: https://www.econbiz.de/10013121764
This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using … workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony …
Persistent link: https://www.econbiz.de/10013072156
In this paper, we analyze the connection between value added, wages, and labor market flows at the establishment level …
Persistent link: https://www.econbiz.de/10012926732
wages and rising wage dispersion over time …
Persistent link: https://www.econbiz.de/10013076511
second moments of the joint distribution over individual wages, consumption and hours …
Persistent link: https://www.econbiz.de/10012773175
This paper analyzes the optimal response of the social insurance system to a rise in labor market risk. To this end, we develop a tractable macroeconomic model with risk-free physical capital, risky human capital (labor market risk) and unobservable effort choice affecting the distribution of...
Persistent link: https://www.econbiz.de/10012870444
In this paper we allude to a novel role played by the non-linear income tax system in the presence of adverse selection in the labor market due to asymmetric information between workers and firms. We show that an appropriate choice of the tax schedule enables the government to affect the wage...
Persistent link: https://www.econbiz.de/10013016339