Showing 1 - 10 of 2,452
establishment growth, vacancy filling and entry wages, we calibrate a model with directed search and ex-ante heterogeneous workers …This paper explores the relationship between the duration of a vacancy and the starting wage of a new job, using … response of vacancy filling to firm-level wages. We discuss the implications of this finding as well as potential resolutions …
Persistent link: https://www.econbiz.de/10012909969
We estimate the elasticity of vacancy duration with respect to posted wages, using data from the near-universe of … online job adverts in the United Kingdom. Our research design identifies duration elasticities by leveraging firm-level wage …-defined, firm-level changes. In our preferred specifications, we estimate duration elasticities in the range −3 to −5, which are …
Persistent link: https://www.econbiz.de/10014343851
This paper shows analytically and numerically that there are two ways of generating an observationally equivalent comovement between matches, unemployment, and vacancies in dynamic labor market models: either by assuming a standard Cobb-Douglas contact function or by combining a degenerate...
Persistent link: https://www.econbiz.de/10013046221
of notice is defined as the period an employer has to notify workers in advance of their upcoming dismissal. The wages …. Strong evidence is found that a longer 'dormant' term of notice leads to higher wages. In my sample, an additional month of … notice increases wages by three percent, ceteris paribus …
Persistent link: https://www.econbiz.de/10012766428
vacancies. Job flexibility at low wages is more likely to be offered alongside a wage-contract that exposes workers to earnings … risk, while flexibility at higher wages and in more skilled occupations is more likely to be offered alongside a fixed … point increase in the proportion of flexible and non-salaried vacancies at low wages …
Persistent link: https://www.econbiz.de/10012822870
labor contract (Lazear 1990). We give empirical content to this proposition by estimating the effects of EPL on entry wages … of the reform on entry wages and a decrease of the returns to tenure by around 20% in the first year and by 8% over the …
Persistent link: https://www.econbiz.de/10013317171
mobility or mobility shocks, we propose a multi-sector business cycle model with on-the-job search and endogenous occupational …
Persistent link: https://www.econbiz.de/10014244266
How do employers attract the right workers? How important are posted wages vs. other job characteristics? Using data … from the leading job board CareerBuilder.com, we show that most vacancies do not post wages, and, for those that do, job …
Persistent link: https://www.econbiz.de/10013021952
How skills acquired in vocational education and training (VET) affect wages and employment is not clear. We develop and … estimate a search and matching model for workers with a VET degree. Workers differ in interpersonal, cognitive and manual … wages. We find that firms value cognitive skills on average almost twice as much as interpersonal and manual skills, and …
Persistent link: https://www.econbiz.de/10012915735
We investigate whether workers reallocate up firm productivity and wage job ladders, and the cyclicality of this process. We document that productivity is a better measure of the job ladder than the average wage, since high productivity firms relative to low poach more workers than high wage...
Persistent link: https://www.econbiz.de/10014258016