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Preference Signaling in Matching Markets
Coles, Peter A. - 2010
on this information. In this paper we study how a signaling mechanism, where each worker can send a signal of interest to … ready to provide information about their preferences for particular employers, and employers value and are prepared to act … one employer, facilitates matches in such markets. We find that introducing a signaling mechanism increases the welfare of …
Persistent link: https://www.econbiz.de/10013141266
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Rent-Sharing, Holdup, and Wages : Evidence from Matched Panel Data
Card, David - 2010
Italy that combines Social Security earnings records for employees with detailed financial information for employers to …
Persistent link: https://www.econbiz.de/10013140998
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Minimally Altruistic Wages and Unemployment in a Matching Model
Rotemberg, Julio J. - 2010
This paper presents a model in which firms recruit both unemployed and employed workers by posting vacancies. Firms act monopsonistically and set wages to retain their existing workers as well as to attract new ones. The model differs from Burdett and Mortensen (1998) in that its assumptions...
Persistent link: https://www.econbiz.de/10012759577
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Mismatch
Shimer, Robert - 2010
This paper develops a dynamic model of mismatch. Workers and jobs are randomly assigned to labor markets. Each labor market clears at each instant but some labor markets have more workers than jobs, hence unemployment, and some have more jobs than workers, hence vacancies. As workers and jobs...
Persistent link: https://www.econbiz.de/10012761787
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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
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Adjusted Estimates of Worker Flows and Job Openings in Jolts
Davis, Steven J. - 2010
We develop and implement a method to improve estimates of worker flows and job openings based on the Job Openings and Labor Turnover Survey (JOLTS). Our method involves reweighting the cross-sectional density of employment growth rates in JOLTS to match the corresponding density in the...
Persistent link: https://www.econbiz.de/10012759105
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Unraveling Results from Comparable Demand and Supply : An Experimental Investigation
Niederle, Muriel - 2010
, matching can occur (inefficiently) early only when there is comparable demand and supply: a surplus of applicants, but a …
Persistent link: https://www.econbiz.de/10013152623
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Labor Market Implications of Education Mismatch
Varona, Carla; Cooper, Russell - 2022
This project studies the impact of education mismatch on labor outcomes. Across our sample of OECD countries, there is evidence of mismatch in educational attainment and labor markets. Labor market outcomes are not independent of education mismatch. Our framework for analysis is a dynamic choice...
Persistent link: https://www.econbiz.de/10014090295
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From Natural Variation to Optimal Policy? The Lucas Critique Meets Peer Effects
Carrell, Scott E. - 2011
We take cohorts of entering freshmen at the United States Air Force Academy and assign half to peer groups with the goal of maximizing the academic performance of the lowest ability students. Our assignment algorithm uses peer effects estimates from the observational data. We find a negative and...
Persistent link: https://www.econbiz.de/10013128883
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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