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It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with search frictions and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after imposition, the...
Persistent link: https://www.econbiz.de/10005703158
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this Paper we analyse a model with search frictions and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after imposition, the...
Persistent link: https://www.econbiz.de/10005666625
In the context of the Beckerian theory of marriage, when men and women match on a single-dimensional index that is the weighted sum of their respective multivariate attributes, many papers in the literature have used linear canonical correlation, and related techniques, in order to estimate...
Persistent link: https://www.econbiz.de/10011128040
In the context of the Beckerian theory of marriage, where men and women match on a single-dimensional index that is the weighted sum of their respective multivariate attributes, many papers in the literature have used linear canonical correlation, and related techniques, in order to estimate...
Persistent link: https://www.econbiz.de/10011098297
In the context of the Beckerian theory of marriage, when men and women match on a single-dimensional index that is the weighted sum of their respective multi- variate attributes, many papers in the literature have used linear canonical correlation, and related techniques, in order to estimate...
Persistent link: https://www.econbiz.de/10010925472
. The firm data are informative on labor productivity. The matched data provide the skill composition in different markets …. Together this allows us to investigate how the mean difference between labor productivity and wages in a market depends on the …-market variation, we also investigate the extent of (and explanations for) positive assortative matching. …
Persistent link: https://www.econbiz.de/10011255845
enhancing the assignment of workers to jobs in the face of firm productivity heterogeneity and skill-biased technological change …. It shows that in order to do so policy needs to be a function of the properties of the firm’s productivity distribution … emerging from the analysis is that the degree of firm productivity heterogeneity, in terms of skewness and variance, matters …
Persistent link: https://www.econbiz.de/10010745921
Persistent link: https://www.econbiz.de/10008491506
transitions, and this allows for estimation of the degree of search frictions. The firm data are informative on labor productivity … difference between labor productivity and wages in a market depends on the degree of frictions and other determinants. We correct … explanations for) positive assortative matching. …
Persistent link: https://www.econbiz.de/10005504886
productivity. The matched data provide the skill composition in different markets. Together this allows us to investigate how the … mean difference between labour productivity and wages in a market depends on the degree of frictions and other determinants … of (and explanations for) positive assortative matching. …
Persistent link: https://www.econbiz.de/10005281375