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An Empirical Model of Wage Dispersion with Sorting
Bagger, Jesper - 2014
between worker skill and firm productivity is 0.12. The assortative matching has a substantial impact on wage dispersion. We … differ in their permanent skill level and firms differ with respect to productivity. Positive (negative) sorting results if …-employee data. We find evidence of positive assortative matching. In the estimated equilibrium match distribution, the correlation …
Persistent link: https://www.econbiz.de/10013055506
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Wages, Nonwage Job Characteristics, and Labor Mobility
Bartel, Ann P. - 2021
improve an economy's productivity …
Persistent link: https://www.econbiz.de/10013252328
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Wage and Labor Mobility in Denmark, 1980-2000
Eriksson, Tor - 2010
This paper consists of three parts. First, we briefly describe some key features of the labor market in Denmark, some … important aspect of the functioning and flexibility of the labor markets in Denmark: the high level of worker mobility. We show …
Persistent link: https://www.econbiz.de/10012760107
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Joint-Search Theory : New Opportunities and New Frictions
Guler, Bulent - 2010
Search theory routinely assumes that decisions about the acceptance/rejection of job offers (and, hence, about labor market movements between jobs or across employment states) are made by individuals acting in isolation. In reality, the vast majority of workers are somewhat tied to their...
Persistent link: https://www.econbiz.de/10013152619
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Job-Finding and Job-Losing : A Comprehensive Model of Heterogeneous Individual Labor-Market Dynamics
Hall, Robert E. - 2019
We study the paths over time that individuals follow in the labor market, as revealed in the monthly Current Population Survey. Some people face much higher flow values from work than in a non-market activity; if they lose a job, they find another soon. Others have close to equal flow values and...
Persistent link: https://www.econbiz.de/10012891313
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Social Insurance and Transition
Atkeson, Andrew; Kehoe, Patrick J. - 2021
We study the general equilibrium effects of social insurance on the transition in a model in which the process of moving workers from matches in the state sector to new matches in the private sector takes time and involves uncertainty. We find that adding social insurance may slow transition....
Persistent link: https://www.econbiz.de/10013218722
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The Complexity of Job Mobility Among Young Men
Neal, Derek A. - 2021
The model of job search involves both employer matches and career matches and incorporates an asymmetry in the search technology. Workers may change employers without changing careers, but cannot search over possible lines of work while working for one employer. The optimal policy implies a...
Persistent link: https://www.econbiz.de/10013239963
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Search in Macroeconomic Models of the Labor Market
Rogerson, Richard - 2010
This chapter assesses how models with search frictions have shaped our understanding of aggregate labor market outcomes in two contexts: business cycle fluctuations and long-run (trend) changes. We first consolidate data on aggregate labor market outcomes for a large set of OECD countries. We...
Persistent link: https://www.econbiz.de/10013144962
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Reassessing the Ins and Outs of Unemployment
Shimer, Robert - 2013
This paper uses readily accessible data to measure the probability that an employed worker becomes unemployed and the probability that an unemployed worker finds a job, the ins and outs of unemployment. Since 1948, the job finding probability has accounted for three-quarters of the fluctuations...
Persistent link: https://www.econbiz.de/10012753828
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Job Loss, Job Finding, and Unemployment in the U.S. Economy Over the Past Fifty Years
Hall, Robert E. - 2021
New data compel a new view of events in the labor market during a recession. Unemployment rises almost entirely because jobs become harder to find. Recessions involve little increase in the flow of workers out of jobs. Another important finding from new data is that a large fraction of workers...
Persistent link: https://www.econbiz.de/10013313246