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Equilibrium Labor Market Search and Health Insurance Reform

Aizawa, Naoki - 2013

We present and empirically implement an equilibrium labor market search model where risk averse workers facing medical expenditure shocks are matched with firms making health insurance coverage decisions. Our model delivers a rich set of predictions that can account for a wide variety of...

Persistent link: https://www.econbiz.de/10012459967

Duration Dependence and Labor Market Conditions : Theory and Evidence from a Field Experiment

Kroft, Kory - 2012

This paper studies the role of employer behavior in generating "negative duration dependence" -- the adverse effect of a longer unemployment spell -- by sending fictitious resumes to real job postings in 100 U.S. cities. Our results indicate that the likelihood of receiving a callback for an...

Persistent link: https://www.econbiz.de/10012460272

Wages and Informality in Developing Countries

Meghir, Costas - 2012

It is often argued that informal labor markets in developing countries promote growth by reducing the impact of regulation. On the other hand informality may reduce the amount of social protection offered to workers. We extend the wage-posting framework of Burdett and Mortensen (1998) to allow...

Persistent link: https://www.econbiz.de/10012460313

Endogenous Skill Acquisition and Export Manufacturing in Mexico

Atkin, David - 2012

This paper presents empirical evidence that the growth of export manufacturing in Mexico during a period of major trade reforms, the years 1986-2000, altered the distribution of education. I use variation in the timing of factory openings across commuting zones to show that school dropout...

Persistent link: https://www.econbiz.de/10012460393

Testing for Keynesian Labor Demand

Bils, Mark - 2012

According to the textbook Keynesian model, short-run demand for labor is sensitive to the demand for goods. In this view, sellers deviate from setting the marginal product of labor proportional to the real wage, instead enduring or choosing lower price markups when demand for goods is high. We...

Persistent link: https://www.econbiz.de/10012460510

Layoffs, Lemons and Temps

House, Christopher L. - 2012

We develop a dynamic equilibrium model of labor demand with adverse selection. Firms learn the quality of newly hired workers after a period of employment. Adverse selection makes it costly to hire new workers and to release productive workers. As a result, firms hoard labor and under-react to...

Persistent link: https://www.econbiz.de/10012460697

A Theory of Monitoring and Internal Labor Markets

Bose, Gautam - 2011

We analyze a firm's job-assignment and worker-monitoring decisions when workers face occasional crises. Firms prefer to assign good workers to a difficult task and to not employ bad workers. Firms observe failures but only observe successfully resolved crises if they monitor the worker. If...

Persistent link: https://www.econbiz.de/10012461034

Monetary Policy According to HANK

Kaplan, Greg - 2016

We revisit the transmission mechanism of monetary policy for household consumption in a Heterogeneous Agent New Keynesian (HANK) model. The model yields empirically realistic distributions of household wealth and marginal propensities to consume because of two key features: multiple assets with...

Persistent link: https://www.econbiz.de/10012456775

The Effect of Immigration on Native Self-Employment

Fairlie, Robert W. - 2000

. However, the impact of immigration on natives in self-employment has not been examined, despite the over-representation of … of plausible parameter values, the model predicts small negative effects of immigration on native self-employment rates … and earnings. Using 1980 and 1990 Census microdata, we then examine the relationship between changes in immigration and …

Persistent link: https://www.econbiz.de/10012471214

Immigration, Investment and Real Wages

Brezis, Elise S. - 1993

When a country is the recipient of large-scale, politically motivated immigration -- as has been the case for Israel in … investment, together with increasing returns, may well actually increase real earnings. If immigration itself is not wholly …

Persistent link: https://www.econbiz.de/10012474377