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We examine wage competition in a model where identical workers choose the number of jobs to apply for and identical firms simultaneously post a wage. The Nash equilibrium of this game exhibits the following properties: (i) an equilibrium where workers apply for just one job exhibits unemployment...
Persistent link: https://www.econbiz.de/10011335208
prevalence of social networks in job search there is as yet no consensus on the mechanisms for why referrals are so important: an …
Persistent link: https://www.econbiz.de/10013471132
search on either side of the labor market. Third, we allow for multiple types of jobseekers and consider an "augmented …
Persistent link: https://www.econbiz.de/10012206513
This paper constructs and quantitatively assesses an equilibrium search model with on-the- job search and general human … dispersed because of search frictions and workers' productivity differentials. Using the (log) wage variance decomposition … productivities. Among medium skilled workers, productivity differentials and search frictions are equally important. The model …
Persistent link: https://www.econbiz.de/10010331222
quantitatively assess an equilibrium search model with on-the-job search, general human capital accumulation and two sided …
Persistent link: https://www.econbiz.de/10011262710
share the results with firms increases workseekers' employment and earnings. It also aligns their beliefs and search … search, but smaller effects on employment and earnings. Giving assessment results only to firms increases callbacks. These …
Persistent link: https://www.econbiz.de/10012389755
This paper develops a matching model in the director market with outside options to explain the equilibrium board quality. Based on Hermalin (2005) and Gabaix and Landier (2006), the board of directors has the function of monitoring and advising to affect the earning of firm assuming that the...
Persistent link: https://www.econbiz.de/10005727874
This paper develops a model of equilibrium unemployment with (unobservable) endogenous on-the-job search and (partly … unobservable) endogenous search behavior by firms. The model allows to analyze crowding-out of unemployed job seekers by endogenous … on-the job search of employees, and the interaction of job search behavior and vacancy posting policies of firms …
Persistent link: https://www.econbiz.de/10011412007
This paper considers a matching model of heterogenous workers and jobs which includes onthe-job search. High …-educated workers transitorily accept unskilled jobs and continue to search for skilled jobs. We study the implications of this model …
Persistent link: https://www.econbiz.de/10011414136
dynamic features of job-worker flows, wage dispersion and mobility as well as search on the job. The basic model is also … extended to endogenise firms' optimal investment in job-specific capital and search efforts undertaken by both employed and … identification of the wage offer distribution and may also bias subsequent inferences about underlying search cost parameters. …
Persistent link: https://www.econbiz.de/10011414689