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limited network connections. The model implies that essentially similar workers can have markedly different wages and further … that the inequality of wages is partly explained by variations in the sizes of workers' networks. Our results indicate that … wages. We also show that reasonable differences in the average number of links between blacks and whites can explain the …
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explaining earnings instability. To study the evolution over time of these different components we extract two estimation samples …
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How do employers attract the right workers? How important are posted wages vs. other job characteristics? Using data … from the leading job board CareerBuilder.com, we show that most vacancies do not post wages, and, for those that do, job …
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We develop and estimate an equilibrium job search model of worker careers, allowing for human capital accumulation, employer heterogeneity and individual-level shocks. Career wage growth is decomposed into the contributions of human capital and job search, within and between jobs. Human capital...
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