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This note presents evidence of the following gender asymmetry: the job-finding effort of married men and women is affected by the income of their spouses in opposite directions. For women, spouse income influences job finding negatively, just as own wealth does: the more the man earns and the...
Persistent link: https://www.econbiz.de/10010267464
The paper studies contributions to wage dispersion in a model that allows for sorting in firm-worker matches. The model is a general equilibrium on-the-job search model with wage formation similar to that of Cahuc et al. (2006). Workers differ in their permanent skill level and firms differ with...
Persistent link: https://www.econbiz.de/10011080111
(negative) sorting results if the match production function is supermodular (submodular). If the production function is modular, no sorting obtains. We propose an identification strategy that allows identification of not only the presence of sorting in matching, but also the type of sorting,...
Persistent link: https://www.econbiz.de/10011080368
In this paper we consider a risk averse worker who is moving back and forth between employment and unemployment; layoffs are random and beyond the worker's influcence, while the re-employment chance is directly affected by search effort. We characterize the worker's optimal savings and...
Persistent link: https://www.econbiz.de/10010320922
In this paper, I characterize matching in an on-the-job search model with endogenous search intensity, heterogeneous workers and firms, and match surplus is shared between workers and firms through bargaining. I provide proof of existence and uniqueness of steady state equilibrium. Given equally...
Persistent link: https://www.econbiz.de/10008487908
Rasmus Lentz is Associate Professor of Economics at the University of Wisconsin-Madison. His research interests lie in Labor Economics.
Persistent link: https://www.econbiz.de/10008497102
This article studies a risk-averse worker's optimal savings and job search behavior as she moves back and forth between employment and unemployment. We show that job search effort is negatively related to wealth under the assumption of additively separable utility. Consequently, job search...
Persistent link: https://www.econbiz.de/10005779266
Productivity dispersion across firms is large and persistent, and worker reallocation among firms is an important source of productivity growth. An equilibrium model of growth and firm evolution designed to clarify the role of worker reallocation in the growth process is studied. We show that it...
Persistent link: https://www.econbiz.de/10005550359
This note presents evidence of the following gender asymmetry: the job-finding effort of married men and women is affected by the income of their spouses in opposite directions. For women, spouse income influences job finding negatively, just as own wealth does: the more the man earns and the...
Persistent link: https://www.econbiz.de/10005566485
Persistent link: https://www.econbiz.de/10005498951