Showing 1 - 10 of 1,426
Worker sorting into tasks and occupations has long been recognized as an important feature of labor markets. But this … sorting may be inefficient if jobseekers have inaccurate beliefs about their skills and therefore apply to jobs that do not … with inefficient sorting due to limited information. …
Persistent link: https://www.econbiz.de/10014394213
simultaneously determined in market equilibrium. We structurally estimate the search cost distribution, the implied matching …
Persistent link: https://www.econbiz.de/10011372979
This paper characterizes the equilibrium for a large class of search models with two-sided heterogeneity and on …
Persistent link: https://www.econbiz.de/10011346489
employment, wages and labor market sorting, we structurally estimate an equilibrium job ladder model featuring two …-sided heterogeneity, multiple search channels and endogenous recruitment effort. The estimation reveals that networks are the most cost … channel, facilitate hiring workers of higher ability, and matter most for worker-firm sorting. Although the public employment …
Persistent link: https://www.econbiz.de/10014438511
employment, wages and labor market sorting, we structurally estimate an equilibrium job ladder model featuring two …-sided heterogeneity, multiple search channels and endogenous recruitment effort. The estimation reveals that networks are the most cost … channel, facilitate hiring workers of higher ability, and matter most for worker-firm sorting. Although the public employment …
Persistent link: https://www.econbiz.de/10014423755
This paper extends Pissarides (1990)’s matching model by considering two sectors (routine and manual) and workers …
Persistent link: https://www.econbiz.de/10011389072
This paper presents a model in which mismatch employment arises in a constrained efficient equilibrium. In the decentralized economy, however, mismatch gives rise to a congestion externality whereby heterogeneous job seekers fail to internalize how their individual actions affect the labor...
Persistent link: https://www.econbiz.de/10011932219
employment, wages and labor market sorting, we structurally estimate an equilibrium job ladder model featuring two …-sided heterogeneity, multiple search channels and endogenous recruitment effort. The estimation reveals that networks are the most cost … channel, facilitate hiring workers of higher ability, and matter most for worker-firm sorting. Although the public employment …
Persistent link: https://www.econbiz.de/10014427918
behind both deunionization and polarization. In a search and matching framework with endogenous occupational and endogenous …
Persistent link: https://www.econbiz.de/10012286315
increasing in h, where h is worker skill and p is firm productivity). In this sense, the positive assortative matching result in … Becker (1973) is shown to generalize to this paper's search friction setting. However, the positive assortative matching …
Persistent link: https://www.econbiz.de/10014049092