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Rent-Sharing, Holdup, and Wages : Evidence from Matched Panel Data

Card, David - 2010

When wage contracts are relatively short-lived, rent sharing may reduce the incentives for investment since some of the returns to sunk capital are captured by workers. In this paper we use a matched worker-firm data set from the Veneto region of Italy that combines Social Security earnings...

Persistent link: https://www.econbiz.de/10013140998

Effects of Employment Protection on Worker and Job Flows : Evidence from the 1990 Italian Reform

Kugler, Adriana D. - 2019

This paper uses the Italian Social Security employer-employee panel to study the effects of the Italian reform of 1990 on worker and job flows. We exploit the fact that this reform increased unjust dismissal costs for firms below 15 employees, while leaving dismissal costs unchanged for bigger...

Persistent link: https://www.econbiz.de/10012903630

Retirement, Early Retirement and Disability : Explaining Labor Force Participation after 55 in France

Behaghel, Luc - 2014

We analyze the influence of health and financial incentives on the retirement behavior of older workers in France, building upon Stock and Wise (1990) option value approach. The model accounts for three main retirement routes: the normal retirement, disability insurance (DI) and...

Persistent link: https://www.econbiz.de/10013055512

Wages and Informality in Developing Countries

Meghir, Costas - 2012

It is often argued that informal labor markets in developing countries promote growth by reducing the impact of regulation. On the other hand informality may reduce the amount of social protection offered to workers. We extend the wage-posting framework of Burdett and Mortensen (1998) to allow...

Persistent link: https://www.econbiz.de/10013101278

Measuring Job-Finding Rates and Matching Efficiency with Heterogeneous Jobseekers

Hall, Robert E. - 2015

Matching efficiency is the productivity of the process for matching jobseekers to available jobs. Job-finding is the … output; vacant jobs and active jobseekers are the inputs. Measurement of matching efficiency follows the same principles as … measuring an index of productivity of production. We develop a framework for measuring matching productivity when the population …

Persistent link: https://www.econbiz.de/10013028544

Fatal Attraction? Extended Unemployment Benefits, Labor Force Exits, and Mortality

Kuhn, Andreas - 2018

We estimate the causal effect of permanent and premature exits from the labor force on mortality. To overcome the problem of negative health selection into early retirement, we exploit a policy change in unemployment insurance rules in Austria that allowed workers in eligible regions to exit the...

Persistent link: https://www.econbiz.de/10012909903

The Effects of the Early Retirement Age on Retirement Decisions

Manoli, Day - 2016

We present quasi-experimental evidence on the effects of increasing the Early Retirement Age (ERA) on older workers' retirement decisions. The analysis is based on social security reforms in Austria in 2000 and 2004, and administrative data allows us to distinguish between pension claims and job...

Persistent link: https://www.econbiz.de/10012984121

Sign Restrictions, Structural Vector Autoregressions, and Useful Prior Information

Baumeister, Christiane - 2014

This paper makes the following original contributions to the literature. (1) We develop a simpler analytical characterization and numerical algorithm for Bayesian inference in structural vector autoregressions that can be used for models that are overidentified, just-identified, or...

Persistent link: https://www.econbiz.de/10013040238

Dynamics of Labor Demand : Evidence from Plant-Level Observations and Aggregate Implications

Cooper, Russell; Haltiwanger, John; Willis, Jonathan L. - 2021

This paper studies the dynamics of labor demand at the plant and aggregate levels. The correlation of hours and employment growth is negative at the plant level and positive in aggregate time series. Further, hours and employment growth are about equally volatile at the plant level while hours...

Persistent link: https://www.econbiz.de/10013246389

Complementarity and Aggregate Implications of Assortative Matching : A Nonparametric Analysis

Graham, Bryan S. - 2010

, potentially complementary, input fixed. We introduce a class of such reallocations -- correlated matching rules -- that includes … the status quo allocation, a random allocation, and both the perfect positive and negative assortative matching …

Persistent link: https://www.econbiz.de/10012757581

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