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Jacob Mincer, Experience and the Distribution of Earnings

Chiswick, Barry R. - 2003

This paper reviews Jacob Mincer?s contributions to the analyses of earnings and the distribution of earnings through his pioneering focus on labor market experience or on-the-job training. It begins with a brief discussion of the theoretical literature on the distribution of earnings in the...

Persistent link: https://www.econbiz.de/10010261574

On-the-Job Search in a Matching Model with Heterogenous Jobs and Workers

Dolado, Juan José; Jansen, Marcel; Jimeno, Juan F. - 2003

This paper considers a matching model with heterogenous jobs (unskilled and skilled) and workers (low and high …

Persistent link: https://www.econbiz.de/10010273737

Multiple Equilibria and Minimum Wages in Labor Markets with Informational Frictions and Heterogeneous Production Technologies

van den Berg, Gerard J. - 2003

It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with search frictions and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after imposition, the...

Persistent link: https://www.econbiz.de/10010261543

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 …

Persistent link: https://www.econbiz.de/10010290001

Wage dispersion and wage dynamics within and across firms

Carrillo-Tudela, Carlos; Smith, Eric - 2009

This paper examines wage dispersion and wage dynamics in a stock-flow matching economy with on-the-job search. Under … stock-flow matching, job seekers immediately become fully informed about the stock of viable vacancies. If only one option …

Persistent link: https://www.econbiz.de/10010268976

Solow and Heterogeneous Labor: A Neoclassical Explanation of Wage Inequality

Meckl, Jürgen; Zink, Stefan - 2003

The paper analyzes the effect of human-capital investments of heterogeneous individuals on the dynamics of the wage structure within a neoclassical growth model. The accumulation of physical capital changes relative factor prices and thus incentives to acquire skills, thereby altering the...

Persistent link: https://www.econbiz.de/10010262233

Migration, the quality of the labour force and economic inequality

Kahanec, Martin; Zimmermann, Klaus F. - 2008

Mobility of workers involves flows of labour, human capital and other production factors and thus contributes to a more efficient allocation of resources. Besides these effects on allocative efficiency, migrant flows affect relative wages and also change the international and national...

Persistent link: https://www.econbiz.de/10010268676

Entrepreneurship, wage employment and control in an occupational choice framework

Douhan, Robin; van Praag, C. Mirjam - 2009

We combine two empirical observations in a general equilibrium occupational choice model. The first is that …

Persistent link: https://www.econbiz.de/10010277016

Marginal employment, unemployment duration and job match quality

Caliendo, Marco; Künn, Steffen; Uhlendorff, Arne - 2012

In some countries including Germany unemployed workers can increase their income during job search by taking up marginal employment up to a threshold without any deduction from their benefits. Marginal employment can be considered as a wage subsidy as it lowers labour costs for firms owing to...

Persistent link: https://www.econbiz.de/10010282487

Life-cycle equilibrium unemployment

Chéron, Arnaud; Hairault, Jean-Olivier; Langot, François - 2008

This paper develops a life-cycle approach to equilibrium unemployment. Workers only differ respectively to their … distance from deterministic retirement. A non age-directed search equilibrium is then typically featured by increasing …-directed recruitment policies cannot exist in equilibrium even if it would have been ex-ante possible, and that introducing endogenous …

Persistent link: https://www.econbiz.de/10010268639