This paper reexamines the link between career interruptions and subsequent wages. Using a rich new Swedish data set, we are able to disaggregate time out of work into several components. In both cross-sectional and panel estimations, regressing log wages on total time out results in a negative...

This paper reexamines the link between career interruptions and subsequent wages. Using a rich new Swedish dataset, we are able to disaggregate time out of work into several components. Regressing log wages on aggregate total time out leads to the standard result, i.e., a negative coefficient on...

type="main" xml:lang="en" <p>In this paper, we use data from the International Social Survey Project to present a cross-country comparison of attitudes about the labor force participation of mothers. We also estimate earnings functions and probits for full-time work and examine whether there is a...</p>

We analyze the implications of multiple applications by job seekers for the microfoundations of the matching function. We emphasize a coordination failure caused by multiple applications, namely, that firms can waste resources processing applicants who are ultimately hired elsewhere.

No abstract.

This paper examines the problem of nonexistence of equilibrium in a simple search model with asymmetric information. A pure-strategy, symmetric Nash equilibrium fails to exist because adverse selection arising from steady-state considerations causes a nonconcavity in the payoff function.

We analyze the implications of multiple applications by job seekers for the microfoundations of the matching function. We emphasize a coordination failure caused by multiple applications, namely, that firms can waste resources processing applicants who are ultimately hired elsewhere.<P>This...</p>