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Purpose: The purpose of this paper is to focus on the role of unions for job flow rates. Design/methodology/approach: The author uses a longitudinal data set emphasizing the importance of the time dimension. Findings: Using the fixed effects estimator, the author finds that unions decrease the...
Persistent link: https://www.econbiz.de/10012070184
The ability of search and matching models to replicate stylized facts—such as volatilities and correlations—has been a center of attraction over the last couple of years. This paper introduces the Akerlof (Q J Econ 97:543–569, <CitationRef CitationID="CR1">1982</CitationRef>) fair wage approach into an endogenous separation search...</citationref>
Persistent link: https://www.econbiz.de/10010994734