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Increasing wage inequality is associated with changes in the degree of labor market sorting, i.e. the allocation of workers to firms. To measure sorting, we propose a new method which disentangles the respective contributions of worker and firm heterogeneity to wage inequality. Inspired by...
Persistent link: https://www.econbiz.de/10012159531
Models in which employers learn about the productivity of young workers, such as Altonji and Pierret (2001), have two principal implications: First, the distribution of wages becomes more dispersed as a cohort of workers gains experience; second, the coefficient on a variable that employers...
Persistent link: https://www.econbiz.de/10003974544
This paper analyses the effects of labour market expectations and admission probabilities on students' application strategies to higher education. The starting hypothesis of this study is that students consider the expected utility of their choices, a function of expected net lifetime earnings...
Persistent link: https://www.econbiz.de/10011521985
High-paying factory jobs in the 1940s were an engine of egalitarian economic growth for a generation. Are there alternate forms of work organization that deliver similar benefits for frontline workers? Work organization varies by type of complexity and degree of employer control. Technical and...
Persistent link: https://www.econbiz.de/10014507829
Historically, the issue of intergenerational evolution of income, wealth, and socioeconomic status has been the subject of considerable research in the analysis of inequality. Such intergenerational linkages are anticipated to come from two sources: first, the inheritance of innate abilities and...
Persistent link: https://www.econbiz.de/10012509582
Making use of a survey that directly assesses the participants' cognitive skills, I study the relation between skills and job mobility in a large international comparison of 32 countries. Motivated by the canonical on-the-job search model, I measure job mobility by the ratio of the job-finding...
Persistent link: https://www.econbiz.de/10012932778
This paper analyzes the allocation of workers to jobs and the wage distribution in Germany. Our main contribution is to reconcile prominent empirical models of wage dispersion (Abowd et al., 1999; Card et al., 2013) with theoretical sorting models (Shimer and Smith, 2000; Eeckhout and Kircher, 2011;...
Persistent link: https://www.econbiz.de/10011524613
to their types of talents. We therefore measure mismatch by how well the types of talents of recent hires correspond to … where mismatch is more pronounced on average. Most learning about job-specific mismatch happens within a year. Experienced … job-to-job movers appear to match under much less uncertainty. They are better matched on entry and mismatch have a …
Persistent link: https://www.econbiz.de/10011408194
to their types of talents. We therefore measure mismatch by how well the types of talents of recent hires correspond to … where mismatch is more pronounced on average. Most learning about job-specific mismatch happens within a year. Experienced … job-to-job movers appear to match under much less uncertainty. They are better matched on entry and mismatch have a …
Persistent link: https://www.econbiz.de/10011390549
to their types of talents. We therefore measure mismatch by how well the types of talents of recent hires correspond to … where mismatch is more pronounced on average. Most learning about job-specific mismatch happens within a year. Experienced … job-to-job movers appear to match under much less uncertainty. They are better matched on entry and mismatch have a …
Persistent link: https://www.econbiz.de/10013002443