Showing 1 - 10 of 394
Using data from South Asia, this paper examines how arranged marriage cultivates rivalry among sisters. During marriage … search, parents with multiple daughters reduce the reservation quality for an older daughter's groom, rushing her marriage to …'s marriage risk; relative to younger singleton sisters, younger twin sisters have the same effect. These effects intensify in …
Persistent link: https://www.econbiz.de/10012460344
Economists have long hypothesized that large and thick labor markets facilitate the matching between workers and firms …
Persistent link: https://www.econbiz.de/10014512104
object that drives decisions in most matching models of the labor market. In this paper, we develop a theory-based empirical …
Persistent link: https://www.econbiz.de/10012482620
Search theory suggests that early career job changes on balance lead to better matches that benefit both workers and firms, but this may not hold in teacher labor markets characterized by salary rigidities, barriers to entry, and substantial differences in working conditions that are difficult...
Persistent link: https://www.econbiz.de/10012462834
facts can be explained by a search and matching model when firms are heterogenous with respect to productivity, are composed …
Persistent link: https://www.econbiz.de/10012463616
, potentially complementary, input fixed. We introduce a class of such reallocations -- correlated matching rules -- that includes … the status quo allocation, a random allocation, and both the perfect positive and negative assortative matching …
Persistent link: https://www.econbiz.de/10012463788
We study a simple model of a decentralized market game in which firms make directed offers to workers. We focus on markets in which agents have aligned preferences. When agents have complete information or when there are no frictions in the economy, there exists an equilibrium that yields the...
Persistent link: https://www.econbiz.de/10012463807
This paper extends Lucas and Prescott's (1974) search model to develop a notion of rest unemployment. The economy consists of a continuum of labor markets, each of which produces a heterogeneous good. There is a constant returns to scale production technology in each labor market, but labor...
Persistent link: https://www.econbiz.de/10012464874
A synthesis of the Lucas-Prescott island model and the Mortensen- Pissarides matching model of unemployment is studied …
Persistent link: https://www.econbiz.de/10012465363
This paper introduces a labor force participation choice into a labor market matching model embedded in a dynamic …
Persistent link: https://www.econbiz.de/10012466244