Similar Search Results

A Formal Test of Assortative Matching in the Labor Market

Abowd, John M. - 2009

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/10012463103

Unraveling Results from Comparable Demand and Supply : An Experimental Investigation

Niederle, Muriel - 2009

, 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/10012463643

Adjusted Estimates of Worker Flows and Job Openings in JOLTS

Davis, Steven J. - 2008

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/10012464509

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/10012457727

The growth of low-skill service jobs and the polarization of the US labor market

Autor, David H.; Dorn, David - In: The American economic review 103 (2013) 5, pp. 1553-1597

Persistent link: https://www.econbiz.de/10010244859

Exploitation of Labor? Classical Monopsony Power and Labor's Share

Brooks, Wyatt J. - 2019

How important is the exercise of classical monopsony power against labor for the level of wages and labor's share? We examine this in the context of China and India - two large, rapidly-growing developing economies. Using theory, we develop a novel screen to quantify how wages are affected by...

Persistent link: https://www.econbiz.de/10012479611

Machine Labor

Angrist, Joshua - 2019

Machine learning (ML) is mostly a predictive enterprise, while the questions of interest to labor economists are mostly causal. In pursuit of causal effects, however, ML may be useful for automated selection of ordinary least squares (OLS) control variables. We illustrate the utility of ML for...

Persistent link: https://www.econbiz.de/10012480528

Rethinking the Area Approach : Immigrants and the Labor Market in California, 1960-2005

Peri, Giovanni - 2010

I show that a CES production-function-based approach with skill differentiation and integrated national labor markets has predictions for the employment effect of immigrants at the local level. The model predicts that if I look at the employment (rather than wage) response by skill to...

Persistent link: https://www.econbiz.de/10012462438

Climate Policy and Labor Markets

Deschenes, Olivier - 2010

An important component of the debate surrounding climate legislation in the United States is its potential impact on labor markets. Theoretically the connection is ambiguous and depends on the sign of cross-elasticity of labor demand with respect to energy prices, which is a priori unknown. This...

Persistent link: https://www.econbiz.de/10012462545

The stock market and aggregate employment

Chen, Long - 2009

We study the interactions between the stock market and the labor market. When aggregate risk premiums are time-varying, predictive variables for market excess returns should forecast long-horizon growth in the marginal benefit of hiring and thereby long-horizon aggregate employment growth....

Persistent link: https://www.econbiz.de/10012463430