Showing 1 - 10 of 345
We analyze the welfare and employment effects of different wage bargaining regimes. Within the large firm search model …
Persistent link: https://www.econbiz.de/10003951899
We analyze the implications of multiple applications by job seekers for the microfoundations of the matching function. We emphasize a coordination failure caused by multiple applications, namely, that firms can waste resources processing applicants who are ultimately hired elsewhere.
Persistent link: https://www.econbiz.de/10011317448
The paper develops a two-sector general equilibrium search model where 'goods' are produced exclusively in the market …
Persistent link: https://www.econbiz.de/10011408425
The paper develops a two-sector general equilibrium search model where goods are produced exclusively in the market and …
Persistent link: https://www.econbiz.de/10011586206
The paper extends the basic Stiglitz (1982) model of optimal income taxation into general search equilibrium. When we …
Persistent link: https://www.econbiz.de/10011588141
prevalence of social networks in job search there is as yet no consensus on the mechanisms for why referrals are so important: an …
Persistent link: https://www.econbiz.de/10013471132
effect on employment and wages, we devise a model with two types of unemployed and two methods of search, a public employment … service (PES) and random search. The eligibility of a new match depends on the applicant's unemployment duration and on the … method of search. The hiring subsidy raises job destruction and extends contrary to Mortensen-Pissarides (1999, 2003) the …
Persistent link: https://www.econbiz.de/10003763137
The search-matching model is well suited for an equilibrium evaluation of labor market policies. When those policies … ; search-matching equilibrium ; wage bargaining ; reductions of social security contributions ; unemployment insurance ; labor …
Persistent link: https://www.econbiz.de/10003309270
We analyse a model of equilibrium directed search in a large labour market. Each worker, observing the wages posted at …
Persistent link: https://www.econbiz.de/10011332815
This paper considers a real business cycle model with labor search frictions where two types of incentive pay are …
Persistent link: https://www.econbiz.de/10011333055