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expectations and wages, and a significantly positive relationship between optimistic bias in job finding expectations and … search and matching model of the labor market. Removing the biases could substantially increase wages and expected lifetime …
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Under the assumption of full employment, we probed the impact of labor emigration on wages, employment, and production … Decomposition (FEVD) to capture the response of wages, employment, and production in the capital- and labor-intensive sectors on …
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wages and their respective outcomes across sectors and various worker characteristics. To analyze the pandemic's impacts on …) regressions. We also estimate the effects on real daily wages through OLS regressions on subsamples of wage and salary workers … larger on employment than on real wages, in contrast to findings for previous crises which found the reverse to be true …
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We develop a labor demand model that encompasses pre-match hiring cost arising from tight labor markets. Through the lens of the model, we study the effect of labor market tightness on firms' labor demand by applying novel shift-share instruments to the universe of German firms. In line with...
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concerns. When controlling for both worker and firm heterogeneity and instrumenting for concentration, we find that wages are …
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