Showing 1 - 10 of 52
This paper develops a framework for estimating preferences in two-sided matching markets with non-transferable utility using only data on observed matches. Unlike single-agent choices, matches depend on the preferences of other agents in the market. I use pairwise stability together with a...
Persistent link: https://www.econbiz.de/10011103504
In this paper I explore optimal employment contract design in a random search framework, where workers search on and … determines the frequency by which employment opportunities arrive through a costly choice of search intensity, which is …
Persistent link: https://www.econbiz.de/10010796538
The notion of regular, full-time employment as one of the defining features of the U.S. economy has been called into question in recent years by the apparent growth of alternative or "nonstandard" arrangements - part-time work, temporary help, independent contracting, and other arrangements....
Persistent link: https://www.econbiz.de/10010950863
Recent discoveries in behavioral economics have led scholars to question the underpinnings of neoclassical economics. We use insights gained from one of the most influential lines of behavioral research -- gift exchange -- in an attempt to maximize worker effort in two quite distinct tasks: data...
Persistent link: https://www.econbiz.de/10005034907
In this paper we study "investment tournaments," a class of decision problems that involve gradual allocation of investment among several alternatives whose values are subject to exogenous shocks. The decision-maker's payoff is determined by the final values of the alternatives. An important...
Persistent link: https://www.econbiz.de/10005040624
relative wages of job-to-job movers over a similar period. We develop a search model in which firms may offer tenure …-based contracts like DB pensions to reduce the incidence of costly on-the-job search by workers. Reduced search costs can, under … fairly general conditions, lower the value of deterring search and the use of DB pensions. …
Persistent link: https://www.econbiz.de/10005089057
We use a novel research design to empirically detect the effect of social interactions among neighbors on labor market outcomes. Specifically, using Census data that characterize residential and employment locations down to the city block, we examine whether individuals residing in the same...
Persistent link: https://www.econbiz.de/10005084711
forgoing the expected benefits of being search active and engaging in costly labor market search. The model induces a symmetry … in firms%u2019 and workers%u2019 search decision since both sides of the labor market vary search effort at the extensive … from allowing for the extensive search margin. …
Persistent link: https://www.econbiz.de/10005084940
Job security provisions are widely believed to reduce dismissals and hiring. In addition, in developing countries job security is believed to reduce compliance with labor regulations and to increase informal activity. Reductions in dismissal costs are, thus, often advocated as a way to increase...
Persistent link: https://www.econbiz.de/10005027094
A rich literature argues that interorganizational networks foster learning and coordinated adaptation among their constituents, but embedded ties between organizations are not ubiquitous. What explains this heterogeneity? Acknowledging the influence of agency relationships within organizations...
Persistent link: https://www.econbiz.de/10005575291