Showing 1 - 10 of 2,259
flexibility. I suggest that labor and human resource economics can benefit from including envy into the standard set of factors …
Persistent link: https://www.econbiz.de/10010317107
This paper shows that models where preferences of individuals depend not only on their allocations, but also on the well-being of other persons, can produce both large and testable effects. We study the allocation of workers with heterogeneous productivities to firms. We show that even small...
Persistent link: https://www.econbiz.de/10005772383
Persistent link: https://www.econbiz.de/10004977951
Persistent link: https://www.econbiz.de/10011504436
We take into account that envy (relative consumption concerns) is more pronounced in the present than in the future. We … exogenous parameters. Agents' preferences exhibit present-biased envy: agents are naive and care about how their consumption … levels compare to that of others in the current period. Our results suggest that present-biased envy affects both the level …
Persistent link: https://www.econbiz.de/10014528209
This paper examines wage dispersion and wage dynamics in a stock-flow matching economy with on-the-job search. Under stock-flow matching, job seekers immediately become fully informed about the stock of viable vacancies. If only one option is available, monopsony wages result. With more than one...
Persistent link: https://www.econbiz.de/10010292209
This paper examines wage dispersion and wage dynamics in a stock-flow matching economy with on-the-job search. Under stock-flow matching, job seekers immediately become fully informed about the stock of viable vacancies. If only one option is available, monopsony wages result. With more than one...
Persistent link: https://www.econbiz.de/10010268976
Persistent link: https://www.econbiz.de/10010393030
This paper examines wage dispersion and wage dynamics in a stock-flow matching economy with on-the-job search. Under stock-flow matching, job seekers immediately become fully informed about the stock of viable vacancies. If only one option is available, monopsony wages result. With more than one...
Persistent link: https://www.econbiz.de/10005822734
Persistent link: https://www.econbiz.de/10013279861