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matching of workers to firms in explaining geographical wage differences. Using rich administrative German data for 1985 … assortative matching—measured by the correlation of worker fixed effects and plant fixed effects—is significantly stronger in … large cities. The elasticity of assortative matching with respect to population has increased by around 75% in the last 30 …
Persistent link: https://www.econbiz.de/10012908467
This paper provides a mathematical foundation for independent random matching of a large population, as widely used in … the economics literature. We consider both static and dynamic systems with random mutation, partial matching arising from … search, and type changes induced by matching. Under independence assumptions at each randomization step, we show that there …
Persistent link: https://www.econbiz.de/10013121601
This paper studies the optimal redistribution of income inequality in a model with search and matching frictions in the …
Persistent link: https://www.econbiz.de/10013105002
unemployment and vacancy rates and the related matching function as proxies for the functioning of the labor market and explores …
Persistent link: https://www.econbiz.de/10013087441
We develop an empirical search-matching model which is suitable for analyzing the wage, employment and welfare impact … wage determination and employment which extends the current literature on equilibrium wage determination with matching and … of assortative matching between workers and jobs due to complementarities between worker and job characteristics. We use …
Persistent link: https://www.econbiz.de/10013088394
The search-and-matching model of the labor market fails to match two important business cycle facts: (i) a high … in the speed of technological learning and show that a search-and-matching model featuring such shocks can account for …
Persistent link: https://www.econbiz.de/10013071305
We incorporate reference-dependent worker behavior into a search-matching model of the labor market, in which firms …
Persistent link: https://www.econbiz.de/10013081252
matching function. Wages are determined through Nash bargaining. We also consider aggregate productivity shocks, and a complete …
Persistent link: https://www.econbiz.de/10013156859
We introduce the interview assignment problem, which generalizes the one-to-one matching model of Gale and Shapley … (1962) by introducing a stage of costly information acquisition. Firms learn preferences over workers via costly interviews …
Persistent link: https://www.econbiz.de/10013160336
This paper formally examines two competing methods of conducting a lottery in assigning students to schools, motivated by the design of the centralized high school student assignment system in New York City. The main result of the paper is that a single and multiple lottery mechanism are...
Persistent link: https://www.econbiz.de/10013141841