Showing 1 - 10 of 1,830
This paper studies the role of worker learning in a labor market where workers have incomplete information about the quality of their employment match. The amount of information about the quality of a new match depends on a worker’s past job experience. Allowing workers to learn from...
Persistent link: https://www.econbiz.de/10011798979
wages and the local unemployment rate - within a number of occupations. It exploits the Bank of Italy’s Household Survey and …
Persistent link: https://www.econbiz.de/10010425988
as nepotism in hiring in the public sector, on unemployment and rent seeking. Conditional on inefficiently high public …-sector wages, more nepotism in public-sector hiring lowers the unemployment rate because it limits the size of queues for public …
Persistent link: https://www.econbiz.de/10012194928
Surveys of Youth, we find that negative labor market outcomes during high-unemployment periods are mitigated by exposure to a …
Persistent link: https://www.econbiz.de/10011791237
In employment relationships, a wage is an installment payment on an implicit long-term agreement between a worker and a firm. The price of labor that impacts firm's hiring decisions, instead, reflects the hiring wage as well as the impact of economic conditions at the time of hiring on future...
Persistent link: https://www.econbiz.de/10014507553
This paper studies the cyclical behaviour of earnings risk and career changes. We document that the procyclical skewness of the earnings growth distribution arises mostly from the earnings changes of employer and occupation switchers. To uncover their relative importance in driving cyclical...
Persistent link: https://www.econbiz.de/10013390926
This paper studies the cyclical behaviour of earnings risk and career changes. We document that the procyclical skewness of the earnings growth distribution arises mostly from the earnings changes of employer and occupation switchers. To uncover their relative importance in driving cyclical...
Persistent link: https://www.econbiz.de/10013412799
unemployment relative to wage employment, and that self-employment increases with this ratio. To understand the sources of these … matches, and calibrate it to match all transition rates between wage employment, unemployment and self-employment as well as … that labor market frictions affect self-employment as much as unemployment. Labor market frictions also reduce aggregate …
Persistent link: https://www.econbiz.de/10014310911
wage policies in the public sector on unemployment and education decisions. The effects on the educational composition of …
Persistent link: https://www.econbiz.de/10014230176
We estimate the changes in US male labor market risk over the last three decades in a model of endogenous labor supply and job mobility. Across education groups permanent shocks to productivity have become more dispersed. Moreover, heterogeneity in pay across offered jobs has increased for...
Persistent link: https://www.econbiz.de/10011595910