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Search Capital
Carrillo-Tudela, Carlos; Smith, Eric - Peruvian Economic Association - PEA - 2015
This paper studies an environment in which workers accumulate information about employment contacts made while searching on-the-job. Workers use this search capital to improve wages and insure against job destruction. This behaviour generates voluntary and involuntary job-to-job transitions with...
Persistent link: https://www.econbiz.de/10011262709
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Search Capital
Carrillo-Tudela, Carlos; Smith, Eric - Institute for the Study of Labor (IZA) - 2012
We construct a simple equilibrium search model in which workers accumulate information about previously met employment contacts. We term the latter search capital. Here search capital (partially) insures workers against adverse shocks. The model provides a theory of job-to-job transitions that...
Persistent link: https://www.econbiz.de/10009651350
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Employed and unemployed job search methods: Australian evidence on search duration, wages and job stability
Green, Colin - Department of Economics, Management School - 2012
wages than the PEA or answering advertisements. However, informal job search methods are aossociated with a higher turnover …
Persistent link: https://www.econbiz.de/10011167119
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Wage Inequality
Burdett, Ken; Carrillo-Tudela, Carlos; Coles, Melvyn - Peruvian Economic Association - PEA - 2015
The objective of this paper is to study why are some workers paid more than others. To do so we construct and quantitatively assess an equilibrium search model with on-the-job search, general human capital accumulation and two sided heterogeneity. In the model workers differ in abilities and...
Persistent link: https://www.econbiz.de/10011262710
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Fixed-Term Contracts and the Duration Distribution of Unemployment
Güell, Maia - Centre for Economic Performance, LSE - 2001
In the mid-1980s, many European countries introduced fixed-term contracts. Since then their labor markets have become more dynamic. This paper studies the implications of such reforms for the duration distribution of unemployment, with particular emphasis on the changes in the duration...
Persistent link: https://www.econbiz.de/10005016658
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Fixed-term Contracts and the Duration Distribution of Unemployment
Güell, Maia - Barcelona Graduate School of Economics (Barcelona GSE) - 2003
In the mid-1980s, many European countries introduced fixed-term contracts. This paper studies the possible implications of such reforms for the duration distribution of unemployment. I estimate a parametric duration model using cross-sectional data drawn from the Spanish Labor Force Survey from...
Persistent link: https://www.econbiz.de/10010547107
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Supervision and Effort in an Intertemporal Efficiency Wage Model: The Role of the Solow Condition
Faria, Joao Ricardo - School of Economics, University of Kent - 1998
The Solow condition is examined in an intertemporal model that blends the shirking and the turnover models of … efficiency wages with managerial supervision. It is shown that the Solow condition does not hold when shirking and turnover costs … are considered. The Solow condition can be a possible outcome when managerial productivity offsets shirking and turnover …
Persistent link: https://www.econbiz.de/10005763212
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On Employment Contracts with Heterogeneous Workers and Endogenous On-the-job Search
Kiraly, Francis - Centre for Economic Research, School of Economics and … - 2003
This paper considers an equilibrium search model with on-the-job search where firms set wages.We look at optimal employment contracts when workers are heterogeneous and choose search intensity. Firms may want to retain their good workers by matching any offers that these employees may receive...
Persistent link: https://www.econbiz.de/10005767552
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Fixed-term contracts and the duration distribution of unemployment
Güell, Maia - Department of Economics and Business, Universitat … - 2002
In the mid-1980s, many European countries introduced fixed-term contracts. Since then their labor markets have become more dynamic. This paper studies the implications of such reforms for the duration distribution of unemployment, with particular emphasis on the changes in the duration...
Persistent link: https://www.econbiz.de/10005772148
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Fixed-Term Contracts and the Duration Distribution of Unemployment
Güell, Maia - C.E.P.R. Discussion Papers - 2002
In the mid-1980s, many European countries introduced fixed-term contracts. Since then their labour markets have become more dynamic. This Paper studies the implications of such reforms for the duration distribution of unemployment, with particular emphasis on the changes in the duration...
Persistent link: https://www.econbiz.de/10005123695