Showing 1 - 10 of 1,005
for any permanent differences in productivity across workers, firms, and job matches. We also compare OLS and instrumental …
Persistent link: https://www.econbiz.de/10012462464
matching function. Wages are determined through Nash bargaining. We also consider aggregate productivity shocks, and a complete … demonstrate that productivity changes in the model---in steady state as well as stochastic ones---generate rather limited …
Persistent link: https://www.econbiz.de/10012463369
Consistent with two models of imperfect competition in the labor market, the efficient bargaining model and the monopsony model, we provide two extensions of a microeconomic version of Hall's framework for estimating price-cost margins. We show that both product and labor market imperfections...
Persistent link: https://www.econbiz.de/10012464671
Monte Carlo based robustness test is proposed which compares the elasticity of domestic productivity with respect to foreign … larger and explain more of the variation in productivity across countries than if true' bilateral trade patterns are employed …
Persistent link: https://www.econbiz.de/10012472749
workers are employed in more productive industries. The evidence confirms assortative matching can be present even when worker …
Persistent link: https://www.econbiz.de/10012458196
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/10012458633
search for schools, and that "smart matching platforms" that provide live feedback on admissions chances help applicants …
Persistent link: https://www.econbiz.de/10012585430
This paper examines inequalities in the match between student and degree quality using linked administrative data from schools, universities and tax authorities. We analyse two measures of match at the university-subject level: undergraduate enrollment qualifications, and graduate earnings. We...
Persistent link: https://www.econbiz.de/10012629435
with frictions, such as transaction costs, asymmetric information, search and matching frictions. We discuss how such …
Persistent link: https://www.econbiz.de/10012629479
search and matching model with financial constraints and rigid wages among incumbent workers, while new hires' wages are …
Persistent link: https://www.econbiz.de/10012616648