We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously separate from employment and endogenously reallocate between...

This article proposes empirical tools to account for the role of heterogeneities in the labour matching process, and shows an application to the Andalusian labour market which relies on individual microdata. Firstly, by considering that the labour market is segmented when workers of a specific...

Youth unemployment in South Africa is high. We investigate whether one of the reasons may be that the wages young people want or need are above those that they could reasonably expect to earn given their characteristics. Unlike previous work on the relationship between reservation wages and...

This paper examines the ‘aftermath effect’ of the new civil service pay policy on job satisfaction among teachers in Ghana. We explore an avalanche of job satisfaction theories and instruments to identify key concepts and variables in building a baseline conceptual and research model. The...

We develop an on-the-job search model in which immigrants search for jobs through formal channels or networks, and the quality of job offers differs across search methods. The model predicts networks unambiguously lead to a larger share of network jobs in job-to-job transitions, whereas the...

In this note I discuss the condition for indeterminacy in the context of search models with increasing returns in the matching technology. Building on the theoretical framework set forth by Giammarioli (2003), I argue that increasing returns with respect to vacancies at the aggregate level is...

Research on intergenerational mobility has often treated outcomes such as schooling and earnings as being imperfectly transmitted from one parent to a child. But because the characteristics of both parents are important in shaping children’s outcomes, the way in which a generation of parents...

Data from three supplemental mobility surveys conducted jointly with the Current Population Survey (CPS) in 1973, 1978, and 1981, were analyzed to investigate the determinants of occupational change by female workers in the American labor force. Results suggest that occupationally mobile female...

The paper aims at investigating gender differentials in education and wage across four developed countries of southern Europe (Greece, Italy, Portugal and Spain), taking into account the generational transmission of preferences and some peculiarities of gender equality policies implemented in...

Using 15 years of data on Finnish twins, we find that 24% (54%) of the variance of women’s (men’s) lifetime income is due to genetic factors and that the contribution of the shared environment is negligible. We link these figures to policy by showing that controlling for education reduces...