Showing 1 - 10 of 2,738
Positive assortative matching implies that high productivity workers and firms match together. However, there is almost …. This could be the result of a bias caused by standard estimation error. Using German social security records we show that … the effect of this bias is substantial in samples with limited inter-firm movement. The correlation between worker and …
Persistent link: https://www.econbiz.de/10010283949
We investigate whether the costs of job displacement differ between blue collar and white collar workers. In the short … run earnings and employment losses are substantial for both groups but stronger for white collar workers. In the long run …, there are only weak effects for blue collar workers but strong and persistent effects for white collars. This is consistent …
Persistent link: https://www.econbiz.de/10010268695
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 … among similar workers. The resulting wage distribution has an interior mode and prominent, well-behaved tails. The model …
Persistent link: https://www.econbiz.de/10010268976
Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that … workers have higher median income in all educational groups. Without additional controls, entrepreneurs have higher average … income with all but undergraduate level of education. However, random effects and matching models suggest that entrepreneurs …
Persistent link: https://www.econbiz.de/10010261924
Many biases plague the estimation of rent sharing in labour markets. Using a Portuguese matched employer-employee panel …
Persistent link: https://www.econbiz.de/10010275776
by statutory minimum wages to wage setting in the informal sector, as if workers in the latter had significant bargaining … power. A simple matching model shows that the lighthouse effect may be induced by significant sorting and composition … effects between the formal and shadow sectors in the aftermath of the increase in the minimum wage. Using data on Brazil, we …
Persistent link: https://www.econbiz.de/10010269899
recently been explored using matched employer-employee data. This paper investigates (i) the importance of firms in explaining …. jobunemployment- job – affects the relative importance of firms and workers in wage determination. Results indicate that (i) firms are …
Persistent link: https://www.econbiz.de/10010262117
wages are rigid. We explore whether this explanation is consistent with the data. We show that the wage of newly hired … workers, unlike the aggregate wage, is volatile and responds one-to-one to changes in labor productivity. In order to …
Persistent link: https://www.econbiz.de/10010270804
subsequently estimate the model on Danish labour market data using a structural non-parametric estimation procedure. We find that …In this paper we extend a job search-matching model with firm-specific investments in training developed by Mortensen … framework and the search-matching framework (eg. Pissarides, 1990). Second, it improves the correspondence between the …
Persistent link: https://www.econbiz.de/10010262429
This paper examines alternative forms of match bias arising from earnings imputation. Wage equation parameters are … estimated based on mixed samples of workers who do and do not report earnings, the latter group being assigned earnings of … imputation match criteria (e.g., union status) are severely biased. Related forms of match bias arise with respect to attributes …
Persistent link: https://www.econbiz.de/10010267423