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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
second moments of the joint distribution over individual wages, consumption and hours …
Persistent link: https://www.econbiz.de/10012773175
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
Persistent link: https://www.econbiz.de/10013245085
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
We survey the recent empirical literature on the effects of offshoring on wages, employment and displacement. We start …
Persistent link: https://www.econbiz.de/10012997887
We model worker heterogeneity in the rents from being employed in a Diamond-Mortensen-Pissarides model of matching and unemployment. We show that heterogeneity, reflecting differences in match quality and worker assets, reduces the extent of fluctuations in separations and unemployment. We find...
Persistent link: https://www.econbiz.de/10013311946
employment and wages in OECD countries. The general conclusion is that such factors as changes in labour supplies, technology and … wages. However, further studies are needed to understand better the employment and wage impact of foreign direct investment …
Persistent link: https://www.econbiz.de/10013324612
I analyze two extensions to the standard model of life cycle labor supply that feature operative choices along both the intensive and extensive margin. The first assumes that individuals face different continuous wage-hours schedules. The second assumes that all work must be coordinated across...
Persistent link: https://www.econbiz.de/10013134860
increase in average wages in exporting firms relative to domestic firms, consistent with earlier studies. However, using … the differential impact of trade openness on the wages of workers at exporting firms relative to otherwise identical …, non-random labor market allocation mechanisms, in determining the effects of trade policy changes on wages …
Persistent link: https://www.econbiz.de/10013122021