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Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are related to negative relative demand shocks against the...
Persistent link: https://www.econbiz.de/10010297281
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are related to negative relative demand shocks against the...
Persistent link: https://www.econbiz.de/10010262722
This paper provides new evidence on time use and subjective well-being of employed and unemployed individuals in 14 countries. We devote particular attention to characterizing and modeling job search intensity, measured by the amount of time devoted to searching for a new job. Job search...
Persistent link: https://www.econbiz.de/10003716529
This paper provides new evidence on job search intensity of the unemployed in the U.S., modeling job search intensity as time allocated to job search activities. The main findings are: 1) the average unemployed worker in the U.S. devotes about 41 minutes to job search on weekdays, which is...
Persistent link: https://www.econbiz.de/10003752850
Persistent link: https://www.econbiz.de/10003759124
Some workers bargain with prospective employers before accepting a job. Others could bargain, but find it undesirable, because their right to bargain has induced a sufficiently favorable offer, which they accept. Yet others perceive that they cannot bargain over pay; they regard the posted wage...
Persistent link: https://www.econbiz.de/10003769583
Persistent link: https://www.econbiz.de/10003833670
Persistent link: https://www.econbiz.de/10003454507
Persistent link: https://www.econbiz.de/10003374766
"Some workers bargain with prospective employers before accepting a job. Others face a posted wage as a take-it-or-leave-it opportunity. Theories of wage formation point to substantial differences in labor-market equilibrium between bargained and posted wages. We surveyed a representative sample...
Persistent link: https://www.econbiz.de/10003975904