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What happens when employers would like to screen their employees but only observe a subset of output? We specify a model in which heterogeneous employees respond by producing more of the observed output at the expense of the unobserved output. Though this substitution distorts output in the...
Persistent link: https://www.econbiz.de/10013334527
This paper analyses the influence of country-level education mismatch on the individual-level relationship between education and the probability of being unemployed or staying in alternative labour statuses, for young people aged 15-34 in 2006, 2008 and 2010, living in 21 EU countries. We assume...
Persistent link: https://www.econbiz.de/10011298528
This paper presents a test of the educational signaling hypothesis. If employers use education as a signal in the …
Persistent link: https://www.econbiz.de/10010270572
This paper presents a test of the educational signaling hypothesis. If employers use education as a signal in the …
Persistent link: https://www.econbiz.de/10013320726
We follow Brodaty et al. (2008) and develop a model within the signalling literature where an employer decides whether … signalling effect of individual and institutional quality of study on individual horizontal match quality. First, based on a …
Persistent link: https://www.econbiz.de/10009777635
Persistent link: https://www.econbiz.de/10010375929
In the presence of increasing specialization of workers it becomes more and more difficult for firms to find the most suitable workers. In such an environment a multinational corporation has an advantage because it can exchange workers between plants in different countries. In this way it can...
Persistent link: https://www.econbiz.de/10010263523
Persistent link: https://www.econbiz.de/10014487337
and search-matching models. For that, we study a policy that consists in decreasing the urban unemployment benefit. In an … efficiency wage model, we find that there is no Todaro paradox while this is not always true in a search-matching model since a … decrease in the urban unemployment benefit can increase both urban employment and unemployment. -- efficiency wages ; search-matching …
Persistent link: https://www.econbiz.de/10003287853
We build a RBC endogenous separation matching model and introduce efficiency wages along the lines of Akerlof (1982 …). While the standard endogenous separation matching model reveals shortcomings in explaining correlations and volatilities … consistently enhance the performance of the (endogenous separation) matching model. -- Efficiency Wages ; Endogenous Separations …
Persistent link: https://www.econbiz.de/10003952784