Showing 1 - 10 of 1,503
We develop a collective household model with spousal matching in which there exists marital gains to assortative matching and marriage quality for each couple is revealed ex post. Changes in alimony laws are shown to affect existing couples and couples-to-be differently. For existing couples,...
Persistent link: https://www.econbiz.de/10013127939
We propose occupational decisions of heterogeneous individuals as an alternative mechanism of explaining the distribution of firm productivities emphasized by empirical studies. Thus, we integrate the frameworks of Melitz (2003), and of Manasse and Turrini (2001) that establish the theoretical...
Persistent link: https://www.econbiz.de/10013129918
This paper exploits longitudinal employer-employee matched data from the U.S. Census Bureau to investigate the contribution of worker and firm reallocation to changes in earnings inequality within and across industries between 1992 and 2003. We find that factors that cannot be measured using...
Persistent link: https://www.econbiz.de/10013117408
pervasive informality. We provide a simple framework to analyze the impact of UC on the allocation of workers between formal and … informal activities, as well as the allocation of workers between sectors featuring different incentives to go informal. We …
Persistent link: https://www.econbiz.de/10013085479
Aggregate wages display little cyclicality compared to what a standard model would predict. Wage rigidities are an obvious candidate but a recent strand of the literature has emphasized the need to take into account the growing importance of worker composition effects during downturns. With...
Persistent link: https://www.econbiz.de/10012926720
This paper combines different strands of the productivity literature to investigate the effect of idiosyncratic (firm-level) policy distortions on aggregate outcomes. On the one hand, a growing body of empirical research has been relating cross-country differences in key economic outcomes, such...
Persistent link: https://www.econbiz.de/10013153504
Udry (1996) uses household survey data and finds that the allocation of resources within households is Pareto …
Persistent link: https://www.econbiz.de/10012784076
We evaluate a simple allocation mechanism of students to majors at college entry that was commonly used in universities … effects of changes of the allocation mechanisms …
Persistent link: https://www.econbiz.de/10013045056
Occupational specificity of human capital motivates an important role of occupational reallocation for the economy's response to shocks and for the dynamics of inequality. We introduce occupational mobility, through a random choice model with dynamic value function optimization, into a...
Persistent link: https://www.econbiz.de/10014084048
We study the productivity effect of the German national minimum wage by applying administrative firm data. At the firm level, we confirm positive effects on wages and negative employment effects and document higher productivity even net of output price increases. We find higher wages but no...
Persistent link: https://www.econbiz.de/10014350440