Showing 1 - 10 of 625,473
The labor market differs from other markets in many respects. Most important is that those who supply labor also have to deliver it in person. It means firstly that the work environment and organization of work are important for those who deliver labor, since they are in the work place....
Persistent link: https://www.econbiz.de/10010196492
-share instruments to the universe of German firms. In line with theory, we find that a doubling in tightness reduces firms' employment …
Persistent link: https://www.econbiz.de/10014495147
, investment, and the production technology. A three-step decision structure is assumed, with short-run adjustment of output … disequilibrium is introduced by allowing for a sluggish adjustment of wages and prices. The model of the firm is complemented by …
Persistent link: https://www.econbiz.de/10009681121
Persistent link: https://www.econbiz.de/10003914371
When workers send applications to vacancies they create a network. Frictions arise if workers do not know where other workers apply to (this affects network creation) and firms do not know which candidates other firms consider (this affects network clearing). We show that those frictions and the...
Persistent link: https://www.econbiz.de/10009239488
Persistent link: https://www.econbiz.de/10009310312
When workers send applications to vacancies they create a network. Frictions arise because workers typically do not know where other workers apply to and firms do not know which candidates other firms consider. The first coordination friction affects network formation, while the second...
Persistent link: https://www.econbiz.de/10009310818
Persistent link: https://www.econbiz.de/10009720781
This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using … unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to … workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony …
Persistent link: https://www.econbiz.de/10010225884
This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using … unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to … workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony …
Persistent link: https://www.econbiz.de/10010485288