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The Impact of Labor Market Entry Conditions on Initial Job Assignment, Human Capital Accumulation, and Wages
Brunner, Beatrice - 2010
We estimate the effects of labor market entry conditions on wages for male individuals first entering the Austrian labor market between 1978 and 2000. We find a large negative effect of unfavorable entry conditions on starting wages as well as a sizeable negative long-run effect. Specifically,...
Persistent link: https://www.econbiz.de/10013135184
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The Cyclicality of Labor Market Flows : A Multiple-Shock Approach
Hairault, Jean-Olivier - 2014
model capture the possible shifts in the three conditions determining labor market equilibrium in any matching models … a shock to the efficiency of the matching process (search shock). The two former shocks generate a quite balanced …
Persistent link: https://www.econbiz.de/10013045048
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Matching Efficiency and Heterogeneous Workers in the UK
Lisauskaite, Elena - 2022
The matching efficiency of the standard matching function is known to follow a pro-cyclical pattern. An observed … rightward shift in the UK's Beveridge Curve after the Great Recession, suggests a decrease in the matching efficiency between … characteristics of unemployed, using the standard aggregate matching function. Consistent with the findings for the US (Barnichon and …
Persistent link: https://www.econbiz.de/10014244287
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Within- and Cross-Firm Mobility and Earnings Growth
Frederiksen, Anders - 2010
While it is well established that both promotions within firms and mobility across firms lead to significant earnings progression, little is known about the interaction between these types of mobility. Exploiting a large Danish panel data set and controlling for unobserved individual...
Persistent link: https://www.econbiz.de/10013138485
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Bargaining and Wage Rigidity in a Matching Model for the Us
Malcomson, James M. - 2015
The Mortensen and Pissarides (1994) matching model with all wages negotiated each period is shown inconsistent with …
Persistent link: https://www.econbiz.de/10013028198
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Testing Bounded Rationality Against Full Rationality in Job Changing Behavior
Contini, Bruno; Morini, Matteo - 2021
In this paper we question the hypothesis of full rationality in the context of job changing behaviour, via simple econometric explorations on microdata drawn from WHIP (Worker Histories Italian Panel). Workers' performance is compared at the end of a three-year time window that starts when...
Persistent link: https://www.econbiz.de/10013316720
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The Effect of Product Market Competition on Job Instability
Aparicio Fenoll, Ainhoa - 2011
This paper assesses the impact of product market competition on job instability as proxied by the use of fixed-term labor contracts. Using both worker data from the Spanish Labor Force Survey and firm data from the Spanish Business Strategies Survey, I show that job instability rises with...
Persistent link: https://www.econbiz.de/10013125476
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The Labor Market Consequences of Adverse Financial Shocks
Boeri, Tito - 2012
The recent financial crises, alongside a dramatic rise in unemployment on both sides of the Atlantic, suggest that financial shocks do translate into the labor markets. In this paper we first document that financial recessions amplify labor market volatility and Okun's elasticity over the...
Persistent link: https://www.econbiz.de/10013099747
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They are Even Larger! More (on) Puzzling Labor Market Volatilities
Gartner, Hermann - 2009
This paper shows that the German labor market is more volatile than the US labor market. Specifically, the volatility of the cyclical component of several labor market variables (e.g., the job-finding rate, labor market tightness, and job vacancies) divided by the volatility of labor...
Persistent link: https://www.econbiz.de/10013155589
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Commuting, Wages and Bargaining Power
Rupert, Peter - 2009
A search model of the labor market is augmented to include commuting time to work. The theory posits that wages are positively related to commute distance, by a factor itself depending negatively on the bargaining power of workers. Since not all combinations of distance and wages are accepted,...
Persistent link: https://www.econbiz.de/10013155006