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matching or information revealed by others' behaviours, or to endogenous effects generated by bargaining within marriage. A … in individual effects. As such the correlation in the raw smoking data is consistent with positive assortative matching … in marriage over smoking, rather than bargaining within the couple or social learning. …
Persistent link: https://www.econbiz.de/10010272016
This paper analyses the efficiency of the equilibrium allocation in a matching model with two types of workers and jobs … only perform unskilled jobs. Our first result shows that the equilibrium with ex-post bargaining is never efficient. Second …? bargaining strength affects unemployment and skill-mismatch. …
Persistent link: https://www.econbiz.de/10010272689
/methodological viewpoint, we extend a somewhat flexible search-matching economy to alternative bargaining solutions. In particular, we prove … search-matching economies. Second, our results show that even though the traditional results of bargaining theory apply in …-known bargaining solutions. We apply the Nash, the Egalitarian and the Kalai-Smorodinsky bargaining solutions in the small firm …
Persistent link: https://www.econbiz.de/10010274621
-valuation parent would be endowed with greater bargaining power. The implications of these results are then interpreted in the context …
Persistent link: https://www.econbiz.de/10010261582
We show that in a search/matching model with endogenous participation in which workers are heterogeneous with respect …
Persistent link: https://www.econbiz.de/10010269110
paper stresses the role of horizontal differences in worker productivity, as opposed to vertical, assortative matching …
Persistent link: https://www.econbiz.de/10010283961
Building upon a continuous-time model of search with Nash bargaining in a stationary environment, we analyze the effect … criteria. A key determinant of the welfare impact of a minimum wage increase is the Nash bargaining power parameter. We discuss … estimates of all primitive parameters, including bargaining power. Direct estimates of the welfare impact of the minimum wage …
Persistent link: https://www.econbiz.de/10010261648
We develop a two-sided matching model with positive sorting, divorce and remarriage. Match quality for each couple is … down by equilibrium (stability) requirements. Moreover, ex-post Nash bargaining and ex-ante commitment yield the same non …
Persistent link: https://www.econbiz.de/10010272030
In this paper we describe the hypothesis of effort-based career opportunities as a situation in which profit maximizing firms create incentives for employees to work longer hours than the bargained ones, by making career prospects dependent on working hours. When effortbased career opportunities...
Persistent link: https://www.econbiz.de/10010262198
We study bilateral bargaining problems with interested third parties, the stakeholders that enjoy benefits upon a … enters bargaining directly. Our results lend support to the tendency towards decentralisation of pay bargaining in the public …
Persistent link: https://www.econbiz.de/10010262598