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Little is known about how workers update expectations about job search and earnings when exposed to labor market news …. Individuals also revise their expectations about outside offers upward, anchoring their beliefs to Foxconn's announced wages. They …
Persistent link: https://www.econbiz.de/10014512366
I show that workers update expectations about job search and salary growth when exposed to labor market news. To …. This suggests that firms and workers bargain frequently over wages, even in the absence of an outside job offer. Moreover … Foxconn's publicly announced wages. Investigating whether individuals act on their updated beliefs, I find evidence that …
Persistent link: https://www.econbiz.de/10014384382
Little is known about how workers update expectations about job search and earnings when exposed to labor market news …. Individuals also revise their expectations about outside offers upward, anchoring their beliefs to Foxconn's announced wages. They …
Persistent link: https://www.econbiz.de/10014394219
find that a 10% increase in labor market concentration decreases hires by 12.4% and the wages of new hires by nearly 0 … employers in the retail industry would be most damaging, with about 24 million euros in annual lost wages for new hires, and an …
Persistent link: https://www.econbiz.de/10012213951
I provide new microeconometric estimates of the effect of labor market tightness on wages at the firm level. Using … employees, I construct firm-specific measures of labor market tightness. Using this measure, I find an elasticity of wages with … with the qualitative implications of the canonical search-andmatching model of the labor market. …
Persistent link: https://www.econbiz.de/10013256472
-administrative data, we explore the relationships between hiring and recruitment policies. Faster hiring goes along with higher search … directed search model in which firms use different recruitment margins in response to productivity shocks. The calibrated model …Recruitment behavior is important for the matching process in the labor market. Using unique linked survey …
Persistent link: https://www.econbiz.de/10012213824
-administrative data, we explore the relationships between hiring and recruitment policies. Faster hiring goes along with higher search … directed search model in which firms use different recruitment margins in response to productivity shocks. The calibrated model …Recruitment behavior is important for the matching process in the labor market. Using unique linked survey …
Persistent link: https://www.econbiz.de/10012219357
search and matching model of the labor market. Removing the biases could substantially increase wages and expected lifetime … expectations and wages, and a significantly positive relationship between optimistic bias in job finding expectations and …
Persistent link: https://www.econbiz.de/10014247564
search and matching model of the labor market. Removing the biases could substantially increase wages and expected lifetime … expectations and wages, and a significantly positive relationship between optimistic bias in job finding expectations and …
Persistent link: https://www.econbiz.de/10014466945
Many labor market models use both idiosyncratic productivity and a vacancy free entry condition. This paper shows that these two features combined generate an equilibrium comovement between matches on the one hand and unemployment and vacancies on the other hand, which is observationally...
Persistent link: https://www.econbiz.de/10010350860