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We document for a broad panel of advanced economies that increases in GDP per capita are associated with a shift in the composition of value added to sectors that are intensive in high-skill labor. It follows that further development in these economies leads to an increase in the relative demand...
Persistent link: https://www.econbiz.de/10012457502
population ratios and hours per worker. We imbed the canonical model of labor supply into a standard matching model to produce a …
Persistent link: https://www.econbiz.de/10012465648
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
We analyze two experiments that provided direct information on school test scores to lower-income families in a public … school choice plan. We find that receiving information significantly increases the fraction of parents choosing higher … disadvantaged students when parents have easy access to test score information and have good options to choose from …
Persistent link: https://www.econbiz.de/10012465016
information influences their school choices, thereby affecting schools' market outcomes. To explore these issues, this paper … arguably comparable institutions. Its results are widely disseminated, and the information it generates is quite different from … no consistent evidence that winning a SNED award affects these outcomes. This suggests that information on school …
Persistent link: https://www.econbiz.de/10012465033
-or-doing" (when labor and training are substitutes, like for college). Agents' abilities and labor supply are private information to …
Persistent link: https://www.econbiz.de/10012457287
During the past two decades, households experienced increases in their average wages and expenditures alongside with divergent trends in their wages, expenditures, and time allocation. We develop a model with incomplete asset markets and household heterogeneity in market and home technologies...
Persistent link: https://www.econbiz.de/10012480246
information about changes in the composition of output, trade, within-industry factor use and factor supplies. We conclude that …
Persistent link: https://www.econbiz.de/10012472890
We develop a model in which firms set impersonal salary levels before matching with workers …against the National Residency Matching Program in light of our results …
Persistent link: https://www.econbiz.de/10012467172
In this paper, we propose a matching model to study the efficiency of thin and thick markets. Our model shows that the … that a person can find a job is higher in a thick market than in a thin market. We apply our matching model to the U … openings and more candidates has a higher probability of matching …
Persistent link: https://www.econbiz.de/10012467874