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Worker beliefs about outside options
Jäger, Simon; Roth, Christopher; Roussille, Nina; … - 2021
model, such anchoring can give rise to monopsony and labor market segmentation. In line with the model, misperceptions are …
Persistent link: https://www.econbiz.de/10012801411
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Minimum wages in concentrated labor markets
Popp, Martin - 2021
Economists increasingly refer to monopsony power to reconcile the absence of negativeemployment effects of minimum … comprehensive test of monop-sony theory by using labor market concentration as a proxy for monopsony power. Labormarket … reduce wages by 0.5 percentand employment by 1.6 percent, reflecting monopsonistic exploitation. In line with per …
Persistent link: https://www.econbiz.de/10012793056
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Catching hipo's : screening, wages and unemployment
Janssen, Maarten C. W. - 2000
In this paper, I study the wage a firm sets to attract high abilityworkers (hipo's) in situationsof unemployment. I show that the higher unemployment, the larger afirm's incentives to sorthigh and low ability workers. Moreover, workers will signal their(high) ability in situationsof (high)...
Persistent link: https://www.econbiz.de/10011303310
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Migration, Unemployment and Discrimination
Müller, Tobias - 2008
This paper uses a dynamic efficiency-wage model to analyze the consequences of immigration for a small country when there is discrimination against immigrants in a dual labor market with unemployment. Discrimination is of the type 'equal pay for equal work, but unequal work' which is...
Persistent link: https://www.econbiz.de/10014214928
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Fixed-Term Contracts and Unemployment : An Efficiency Wage Analysis
Güell, Maia - 2000
During the 1980s, many European countries introduced fixed-term contracts to fight high and persistent levels of unemployment. Although these contracts have been widely used, unemployment remains about the same after fifteen years. This paper builds a theoretical model to reconcile these facts....
Persistent link: https://www.econbiz.de/10014159633
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Matching frictions, efficiency wages, and unemployment in the USA and the UK
Malcomson, James M.; Mavroeidis, Sophocles - 2007
This paper combines matching frictions with e¢ ciency wages to deter shirking in a model that is estimated for the USA and the UK to derive the underlying structural parameters. Methods robust to weak instruments are used to show that, for both countries, both matching frictions and efficiency...
Persistent link: https://www.econbiz.de/10010318955
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Worker Beliefs About Outside Options
Jäger, Simon; Roth, Christopher; rousssille, nina; … - 2022
model, such anchoring can give rise to monopsony and labor market segmentation. In line with the model, misperceptions are …
Persistent link: https://www.econbiz.de/10014083951
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Cyclical Movements in Unemployment and Informality in Developing Countries
Bosch, Mariano; Maloney, William F. - 2021
This paper analyzes the cyclical properties of worker flows in Brazil and Mexico, two important developing countries with large unregulated or "informal" sectors. It generates three stylized facts that are critical to the accurate modeling of the sector and which suggest the need to rethink the...
Persistent link: https://www.econbiz.de/10013325140
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Matching efficiency and heterogeneous workers in the UK
Lisauskaitė, Elena - 2022
The matching efficiency of the standard matching function is known to follow a pro-cyclical pattern. An observed rightward shift in the UK's Beveridge Curve after the Great Recession, suggests a decrease in the matching efficiency between vacancies and unemployed workers. This paper studies the...
Persistent link: https://www.econbiz.de/10013414379
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Unemployment Among Recent Veterans During the Great Recession
Faberman, Jason; Foster, Taft - 2014
Persistent link: https://www.econbiz.de/10014149359