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Scale Effects in Markets with Search
Petrongolo, Barbara; Pissarides, Christopher - C.E.P.R. Discussion Papers - 2002
Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may … higher realized wages and not more matches, because the scale effects on matches are offset by the response of reservation … wages. …
Persistent link: https://www.econbiz.de/10005504450
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Scale effects in markets with search
Petrongolo, B; Pissarides, Christopher - London School of Economics (LSE) - 2003
Reduced- form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may … higher realized wages and not more matches, because the scale effects on matches are offset by the response of reservation … wages. …
Persistent link: https://www.econbiz.de/10010746289
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Scale effects in markets with search
Petrongolo, Barbara; Pissarides, Christopher - London School of Economics (LSE) - 2006
higher post-unemployment wages but not faster matches, so aggregate matching functions are unaffected by scale. …Reduced-form tests of scale effects in markets with search, based on aggregate matching functions, may miss important … find scale effects in wage offers but not in offer arrival rates. We also find that reservation wages rise to deliver …
Persistent link: https://www.econbiz.de/10010746460
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Scale Effects in Markets with Search
Petrongolo, Barbara; Pissarides, Christoper A. - Institute for the Study of Labor (IZA) - 2003
Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may … higher realized wages and not more matches, because the scale effects on matches are offset by the response of reservation … wages. …
Persistent link: https://www.econbiz.de/10005761782
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The Aggregate Labor Market Effects of the Swedish Knowledge Lift Program
Albrecht, James; Berg, Gerard van den; Vroman, Susan - In: Review of Economic Dynamics 12 (2009) 1, pp. 129-146
The Swedish adult education program known as the Knowledge Lift (1997-2002) was unprecedented in its size and scope, aiming to raise the skill level of large numbers of low-skill workers. This paper evaluates the potential effects of this program on aggregate labor market outcomes. This is done...
Persistent link: https://www.econbiz.de/10005085572
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The Aggregate Labour Market Effects of the Swedish Knowledge Lift Program
Albrecht, James; den Berg, Gerard J van; Vroman, Susan - C.E.P.R. Discussion Papers - 2006
The Swedish adult education program known as the Knowledge Lift (1997--2002) was unprecedented in its size and scope, aiming to raise the skill level of large numbers of low-skill workers. This paper evaluates the potential effects of this program on aggregate labour market outcomes. This is...
Persistent link: https://www.econbiz.de/10005123553
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Wages and Employment in a Random Social Network with Arbitrary Degree Distribution
Ioannides, Yannis M.; Soetevent, Adriaan R. - Tinbergen Instituut - 2006
This discussion paper resulted in an article in the 'American Economic Review' (2006). Volume 96, issue 2, pages 270-274.<P> Empirical studies of labor markets show that social contacts are an important source of job-related information [Ioannides and Loury (2004)]. At the same time, wage...</p>
Persistent link: https://www.econbiz.de/10011255987
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Wages and Employment in a Random Social Network with Arbitrary Degree Distribution
Ioannides, Yannis M.; Soetevent, Adriaan R. - Tinbergen Institute - 2006
Empirical studies of labor markets show that social contacts are an important source of job-related information [Ioannides and Loury (2004)]. At the same time, wage differences among workers may be explained only in part by differences in individual background characteristics. Such findings...
Persistent link: https://www.econbiz.de/10005137278
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Equilibrium Directed Search with Multiple Applications
Albrecht, James; Gautier, Pieter; Vroman, Susan - Institute for the Study of Labor (IZA) - 2003
We analyze a model of directed search in which unemployed job seekers observe all posted wages. We allow for the … wages paid, and equilibrium may be inefficient. We show that our results also hold in a steady-state version of the model. …
Persistent link: https://www.econbiz.de/10005761830
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Quantifying the effects of job matching through social networks
Mayer, Adalbert - In: Journal of Applied Economics XIV (2011) May, pp. 35-59
The recent literature explains the theoretical implications of the matching of workers to jobs through social networks … this paper, I augment a labor market matching model to allow for information transmission through social networks. I … explain much of the variation in wages of otherwise homogeneous workers and do not substantially influence aggregate outcomes …
Persistent link: https://www.econbiz.de/10009132759