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This paper considers training, mobility decisions and wages together to test for the specificity of human capital contained in continuing training courses. We empirically analyse the relationship between training, mobility and wages in two ways. First, we examine the correlation between training...
Persistent link: https://www.econbiz.de/10010297508
distinction between efficient (cities) and less efficient (non-cities) search markets. One implication of the model is that …
Persistent link: https://www.econbiz.de/10010262207
Why are some people more optimistic about their life than others? Literature on locus of control suggests that optimism is associated with the belief that one's life outcomes are controlled by internal factors, such as ability, instead of external factors, such as powerful others or chance....
Persistent link: https://www.econbiz.de/10010266644
their search strategies in strong versus weak markets. The 1987 academic market was strong while the 1997 market was much … weaker. A multimarket theory of optimal search suggests that job seekers will respond to a weakening market by lowering their … reservation utility. This in turn affects their search strategies at the extensive margin (which markets to enter) and the …
Persistent link: https://www.econbiz.de/10010274021
I develop an equilibrium, two-sided search model of marriage with endogenous population growth to study the interaction …
Persistent link: https://www.econbiz.de/10010274600
distinction between efficient (cities) and less efficient (non-cities) search markets. One implication of the model is that …
Persistent link: https://www.econbiz.de/10010276796
We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs … rate of 4-6%. We find that without search frictions, output would be between 7.5% and 18.5% higher, depending on whether or …
Persistent link: https://www.econbiz.de/10010276876
Persistent link: https://www.econbiz.de/10011400389
distinction between efficient (cities)and less efficient (non-cities) search markets. One implication of the model is thatsingles …
Persistent link: https://www.econbiz.de/10011343296
In this paper, we employ search theory as a micro-economic foundation for the wasteful commuting hypothesis. It is … argued that the commute of the self-employed is the result of a search process for vacant workplaces, whereas employees … search for vacant jobs through space. Because the arrival rate of workplaces is much higher than the arrival rate of jobs …
Persistent link: https://www.econbiz.de/10011346473