Similar Search Results

Search and Offshoring in the Presence of 'Animal Spirits'

Mitra, Devashish - 2009

In this paper, we introduce two sources of unemployment in a two-factor general equilibrium model: search frictions and … fairness considerations. We find that a binding fair-wage constraint increases the unskilled unemployment rate and can at the … same time lead to a higher unemployment rate for skilled workers, as compared to an equilibrium where fairness …

Persistent link: https://www.econbiz.de/10013160302

Exploring the Causes of Frictional Wage Dispersion

Tjaden, Volker - 2012

duration dependence in unemployment benefits in a random on the job search model featuring two-sided heterogeneity. General …

Persistent link: https://www.econbiz.de/10013111209

Sorting and the Output Loss Due to Search Frictions

Gautier, Pieter - 2011

. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the … and allow for measurement error. The estimated wage dispersion and mismatch for the US is consistent with an unemployment …

Persistent link: https://www.econbiz.de/10013130451

Wage Dispersion and Labor Turnover with Adverse Selection

Carrillo-Tudela, Carlos - 2011

We consider a model of on-the-job search where firms offer long-term wage contracts to workers of different ability. Firms do not observe worker ability upon hiring but learn it gradually over time. With sufficiently strong information frictions, low-wage firms offer separating contracts and...

Persistent link: https://www.econbiz.de/10013120832

Job Search, Human Capital and Wage Inequality

Carrillo-Tudela, Carlos - 2012

The objective of this paper is to construct and quantitatively assess an equilibrium search model with on-the-job search and general human capital accumulation. In the model workers enter the labour market with different abilities and firms differ in their productivities. Wages are dispersed...

Persistent link: https://www.econbiz.de/10013098818

Household Search or Individual Search : Does it Matter? Evidence from Lifetime Inequality Estimates

Flabbi, Luca - 2012

Search Models of the labor market are widespread and influential but they usually ignore that labor market decisions are frequently taken at the household level. We fill this gap by developing and estimating an household search model with on-the-job search and labor supply. We build on previous...

Persistent link: https://www.econbiz.de/10013099113

Search Capital

Carrillo-Tudela, Carlos - 2012

provides a theory of job-to-job transitions that are associated with voluntary or involuntary mobility and with wage rises or …

Persistent link: https://www.econbiz.de/10013109784

Estimation of a Roy/Search/Compensating Differential Model of the Labor Market

Taber, Christopher - 2016

In this paper we develop a model capturing key features of the Roy model, a search model, compensating differentials, and human capital accumulation on-the-job. We establish which features of the model can be non-parametrically identified and which cannot. We estimate the model and use it to...

Persistent link: https://www.econbiz.de/10012989827

Returns to On-the-Job Search and the Dispersion of Wages

Gottfries, Axel - 2017

A wide class of models with On-the-Job Search (OJS) predicts that workers gradually select into better-paying jobs. We develop a simple methodology to test predictions implied by OJS using two sources of identification: (i) time-variation in job-finding rates and (ii) the time since the last...

Persistent link: https://www.econbiz.de/10012959049

Occupational Choice and Matching in the Labor Market

Siow, Aloysius - 2017

Integrating Roy with Becker, this paper studies occupational choice and matching in the labor market. Our model generates occupation earnings distributions which are right skewed, have firm fixed effects, and large changes in aggregate earnings inequality without significant changes in within...

Persistent link: https://www.econbiz.de/10012962254