Showing 1 - 4 of 4
Persistent link: https://www.econbiz.de/10005546899
In this paper, the feasibility of estimating a Nash labor market equilibrium model using only information on workers is demonstrated. The equilibrium model, adapted from Albrecht and Axell (1984), is based on workers who are homogenous in terms of market productivity and heterogeneous in terms...
Persistent link: https://www.econbiz.de/10005129943
This paper presents and estimates a dynamic model of married women's labor-force participations and fertility in which the effect of work experience on wages is explicitly taken into account. Because current participation alters future potential earnings, the investment return to work will be an...
Persistent link: https://www.econbiz.de/10005242653
This paper investigates the properties of the joint distribution of the duration to the first post-schooling full-time job and of the accepted wage for that job within a search-matching-bargaining theoretic model. The model provides an interpretation of the observations on duration fundamentals...
Persistent link: https://www.econbiz.de/10005242717