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The authors develop a model of optimal employer search strategy when information about match quality is endogenous. The model is tested using four data sets, two of which have not previously been used. As theory predicts, the authors find that, when filling positions requiring more training,...
Persistent link: https://www.econbiz.de/10005578565
This article compares various measures of on-the-job training, from a new source that matches establishments and workers, allowing the authors to compare the responses of employers and employees to identical training questions. Establishments report 25 percent more hours of training than do...
Persistent link: https://www.econbiz.de/10005725592
Implicit markets capture compensation for intraurban and interregional differe nces in amenities and yield differences in housing prices and wages. These pecuniary differences become preference-based weights in a qual ity-of-life index. Hedonic equations are estimated using microdata fr om the...
Persistent link: https://www.econbiz.de/10005759110
Persistent link: https://www.econbiz.de/10005728484