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A Formal Test of Assortative Matching in the Labor Market

Abowd, John M. - 2012

We estimate a structural model of job assignment in the presence of coordination frictions due to Shimer (2005). The coordination friction model places restrictions on the joint distribution of worker and firm effects from a linear decomposition of log labor earnings. These restrictions permit...

Persistent link: https://www.econbiz.de/10013116589

Stepping Off the Wage Escalator : The Effects of Wage Growth on Equilibrium Employment

Elsby, Michael - 2010

This paper emphasizes the role of wage growth in shaping work incentives. It provides an analytical framework for labor supply in the presence of a return to labor market experience and aggregate productivity growth. A key finding of the theory is that there is an interaction between these two...

Persistent link: https://www.econbiz.de/10013152379

Insurance and Opportunities : A Welfare Analysis of Labor Market Risk

Heathcote, Jonathan - 2008

second moments of the joint distribution over individual wages, consumption and hours …

Persistent link: https://www.econbiz.de/10012773175

The Short- and Long-Term Career Effects of Graduating in a Recession : Hysteresis and Heterogeneity in the Market for College Graduates

Oreopoulos, Philip - 2010

The standard neo-classical model of wage setting predicts short-term effects of temporary labor market shocks on careers and low costs of recessions for both more and less advantaged workers. In contrast, a vast range of alternative career models based on frictions in the labor market suggests...

Persistent link: https://www.econbiz.de/10012760417

Exchange Rates and Wages

Goldberg, Linda S.; Tracy, Joseph S. - 2021

implications of exchange rates, reporting that industry wages are significantly more responsive than industry employment. We offer … the main mechanism for exchange rate effects on wages occurs through job turnover and the strong consequences this has for … the wages of workers undergoing such job transitions. By contrast, workers who remain with the same employer experience …

Persistent link: https://www.econbiz.de/10013236800

The Short- and Long-Term Career Effects of Graduating in a Recession : Hysteresis and Heterogeneity in the Market for College Graduates

Oreopoulos, Philip; von Wachter, Till; Heisz, Andrew - 2021

Persistent link: https://www.econbiz.de/10013237962

Internal and External Labor Markets : An Analysis of Matched Longitudinal Employer-Employee Data

Abowd, John M.; Kramarz, Francis - 2021

We decompose the real annual full time compensation costs of 1.1 million French workers followed over 12 years into a part that reflects their external opportunity wage and a part that reflects their internal wage rate. Using these components of compensation we investigate the extent to which...

Persistent link: https://www.econbiz.de/10013240626

Occupational Licensing and Labor Market Fluidity

Kleiner, Morris M.; Xu, Ming - 2022

We show that occupational licensing has significant negative effects on labor market fluidity defined as cross-occupation mobility. Using a balanced panel of workers constructed from the CPS and SIPP data, we analyze the link between occupational licensing and labor market outcomes. We find that...

Persistent link: https://www.econbiz.de/10013291115

The Labor Demand Curve is Downward Sloping : Reexamining the Impact of Immigration on the Labor Market

Borjas, George J. - 2021

wages by 3 to 4 percent …

Persistent link: https://www.econbiz.de/10013245085

Is There Monopsony in the Labor Market? Evidence from a Natural Experiment

Staiger, Douglas; Spetz, Joanne; Phibbs, Ciaran S. - 2022

of monopsony. We use an exogenous change in wages at Veterans Affairs hospitals as a natural experiment to investigate … responded to the VA wage change by changing their own wages …

Persistent link: https://www.econbiz.de/10013322876

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