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Labor search and matching in macroeconomics

Yashiv, Eran - London School of Economics (LSE) - 2007

models. At the same time, there is evidence against the Nash solution used for wage setting and an active debate as to the …

Persistent link: https://www.econbiz.de/10011071476

On the persistence of firm expansion: The survival of new jobs in Austrian firms

Böheim, René; Stiglbauer, Alfred; Winter-Ebmer, Rudolf - 2005

While the volatility of job creations has been studied extensively, the survival chances of new jobs are less researched. The question when and how to expand a firm is of importance, both from the firm's and from a macro perspective. Adjustment cost theories and arguments about option values of...

Persistent link: https://www.econbiz.de/10010293739

The Beveridge curve

Yashiv, Eran - London School of Economics (LSE) - 2007

The Beveridge curve depicts a negative relationship between unemployed workers and job vacancies, a robust finding across countries. The position of the economy on the curve gives an idea as to the state of the labour market. The modern underlying theory is the search and matching model, with...

Persistent link: https://www.econbiz.de/10010744873

Evaluating the performance of the search and matching model

Yashiv, Eran - London School of Economics (LSE) - 2005

Does the search and matching model fit aggregate U.S. labor market data? While the model has become an important tool of macroeconomic analysis, recent literature pointed to some failures in accounting for the data. This paper aims to answer two questions: (i) Does the model fit the data, and,...

Persistent link: https://www.econbiz.de/10011071277

U.S. labor market dynamics revisited

Yashiv, Eran - London School of Economics (LSE) - 2007

understanding of the operation of the labor market, for the study of business cycles, for the explanation of wage behavior, and for …

Persistent link: https://www.econbiz.de/10010745208

Labor and the market value of the firm

Merz, Monika; Yashiv, Eran - London School of Economics (LSE) - 2005

What role does labor play in a firm’s market value? We explore this question using a production-based asset pricing model with frictions in the adjustment of both capital and labor. We posit that hiring of labor is akin to investment in capital and that the two interact, with the interaction...

Persistent link: https://www.econbiz.de/10010745844

The macroeconomic role of unemployment compensation

Blumkin, Tomer; Hadar, Yossi; Yashiv, Eran - London School of Economics (LSE) - 2009

. The paper undertakes an empiricallygrounded, normative analysis of this issue. The analysis also bears upon the wage …

Persistent link: https://www.econbiz.de/10010745921

The effects of competition and equal treatment laws on the gender wage differential

Weichselbaumer, Doris; Winter-Ebmer, Rudolf - 2003

This paper evaluates the impact of economic and legal variables on wage differentials between men and women. Since … international data set on the gender wage gap, which is constructed via a meta-analysis of existing studies. The findings show that … both increased competition and the enactment of equal treatment laws reduce the gender wage gap. …

Persistent link: https://www.econbiz.de/10010292738

A meta-analysis of the international gender wage gap

Weichselbaumer, Doris; Winter-Ebmer, Rudolf - 2003

Since the early seventies, hundreds of authors have calculated gender wage differentials between women and men of equal … productivity. This meta-study provides a quantitative review of this vast amount of empirical literature on gender wage … data restrictions have the biggest impact on the resulting gender wage gap. Moreover, we are able to show what effect a …

Persistent link: https://www.econbiz.de/10010292752

Returns to apprenticeship training in Austria: Evidence from failed firms

Fersterer, Josef; Pischke, Jörn-Steffen; Winter-Ebmer, … - 2007

Little is known about the payoffs to apprenticeship training in the German speaking countries for the participants. There is a lot of heterogeneity in the types of apprenticeships offered, and there might be an important element of selection in who obtains an apprenticeship, and what type. To...

Persistent link: https://www.econbiz.de/10010294032