Showing 1 - 10 of 99
Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may miss important scale effects at the micro level, because of the reactions of job searchers. A semi-structural model is developed and estimated on a British sample, testing for...
Persistent link: https://www.econbiz.de/10010276187
Heckman correction for selection into unemployment. We identify the positive slope of the labor supply using firms' size as an …
Persistent link: https://www.econbiz.de/10010289858
-matching theory, job creation in a firm should depend on the availability of workers (unemployment) and on the number of job openings … in other firms (congestion). According to efficiency wage and bargaining theory, wages are set above the market clearing … of the search-matching theory. …
Persistent link: https://www.econbiz.de/10010267373
We examine the pattern and costs of worker displacement in one of the more reform-oriented transition countries, Estonia, as the transition process develops. Using Labour Force Survey data covering the period 1989-1999, we show that after the initial shock, displacement rates in Estonia have...
Persistent link: https://www.econbiz.de/10010262683
Despite the fact that worker quits are often associated with wage gains and higher overall job satisfaction, many workers quit once again within one or two years after changing jobs initially. Such repeated job quit behavior may arise as a stepping stone to better quality jobs (Burdett, 1978) or...
Persistent link: https://www.econbiz.de/10010269024
This study investigates whether and to what extent further unemployment experience for youths who are already long … aside of transitions from unemployment and employment within a multivariate duration model that controls for selection on … observables and unobservables. We find that prolonging unemployment drastically decreases the chances of finding employment, but …
Persistent link: https://www.econbiz.de/10010286264
After a decade in which wages and employment fell precipitously in low-skill occupations and expanded in high-skill occupations, the shape of U.S. earnings and job growth sharply polarized in the 1990s. Employment shares and relative earnings rose in both low and high-skill jobs, leading to a...
Persistent link: https://www.econbiz.de/10010271316
Using the large-scale German Socio-Economic Panel, this note reports direct empirical evidence for significant correlations between risk aversion and labour market outcomes (full-time employment, temporary agency work, fixed-term contracts, employer change, quits, training, wages, and job...
Persistent link: https://www.econbiz.de/10010268600
Based on the current European discussion about immigration policy, this paper gives an overview of central economic consequences of immigration for a host country?s labor market. The most important theoretical arguments are presented and evaluated against the available empirical evidence. The...
Persistent link: https://www.econbiz.de/10010262255
provoked if a single country reduces the generosity of the unemployment compensation system or weakens labor union power. For … degree of competition in the goods market and the institutional setup of the unemployment compensation system. Furthermore …
Persistent link: https://www.econbiz.de/10010262594