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Spillover effects of minimum wages in a two-sector search model
Moser, Christoph; Stähler, Nikolai - 2009
Labor market studies on the effects of minimum wages are typically confined to the sector or worker group directly affected. We present a two-sector search model in which one sector is more productive than the other one and thus, pays higher wages. In such a framework, setting a minimum wage in...
Persistent link: https://www.econbiz.de/10010298748
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Spillover effects of minimum wages in a two-sector search model
Moser, Christoph; Stähler, Nikolai - 2009
effects of their individual job creation on aggregated search costs. -- Minimum wages ; matching models ; two sectors …
Persistent link: https://www.econbiz.de/10003811115
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Unobserved bilateral search on the labor market : a theory-based correction for a common flaw in empirical matching studies
Sunde, Uwe - 2002
. Moreover, it is shown that the neglect of endogenous but not observable behavior in the empirical literature on labor matching … leads to systematically biased estimates of the matching elasticities, posing a caveat on the results of previous studies … testing for constant returns of the matching function. The theoretical model presented allows to predict the direction of the …
Persistent link: https://www.econbiz.de/10011412007
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Efficiency in a Search and Matching Economy with a Competitive Informal Sector
Charlot, Olivier - 2012
We consider a dual labor market with a frictional formal sector and a competitive informal sector. We show that the size of the informal sector is generally too large compared to the optimal allocation of the workers. It follows that our results give a rationale to informality-reducing policies
Persistent link: https://www.econbiz.de/10013099083
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Unobserved Bilateral Search on the Labor Market : A Theory-Based Correction for a Common Flaw in Empirical Matching Studies
Sunde, Uwe - 2021
. Moreover, it is shown that the neglect of endogenous but not observable behavior in the empirical literature on labor matching … leads to systematically biased estimates of the matching elasticities, posing a caveat on the results of previous studies … testing for constant returns of the matching function. The theoretical model presented allows to predict the direction of the …
Persistent link: https://www.econbiz.de/10013320483
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Discrimination in a search and matching model with self-employment
Lain, Jonathan - In: IZA Journal of development and migration 9 (2019) 6, pp. 1-35
and matching model that allows for individual heterogeneity and participation in both self- and wage-employment as well as …
Persistent link: https://www.econbiz.de/10012064011
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The cyclical volatility of labor markets under frictional financial markets
Petrosky-Nadeau, Nicolas; Wasmer, Etienne - 2010
Financial frictions are known to raise the volatility of economies to shocks (e.g. Bernanke and Gertler 1989). We follow this line of research to the labor literature concerned by the volatility of labor market outcomes to productivity shocks initiated by Shimer (2005): in an economy with search...
Persistent link: https://www.econbiz.de/10008810695
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Directed search with phantom vacancies
Albrecht, James W.; Decreuse, Bruno; Vroman, Susan B. - 2020
When vacancies are filled, the ads that were posted are often not withdrawn, creating "phantom" vacancies. The existence of phantoms implies that older job listings are less likely to represent true vacancies than are younger ones. We assume that job seekers direct their search based on the...
Persistent link: https://www.econbiz.de/10012291017
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Job Searchers, Job Matches and the Elasticity of Matching
Broersma, L.; van Ours, Jan C. - 1999
This paper stresses the importance of a specification of the matching function in which the measure of job matches … corresponds to the measure of job searchers. In many empirical studies on the matching function this requirement has not been … market. In this paper, we specify and estimate matching functions where the flow corresponds to the correct stock. We use …
Persistent link: https://www.econbiz.de/10014192067
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Temporary replacement workers in a matching model with employment at will
Garibaldi, Pietro; Gomes, Pedro - 2022
set up a matching model with directed search and double-sided heterogeneity. When a workers is temporarily forced out of …
Persistent link: https://www.econbiz.de/10013346998