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This research addresses labor market transformation in Russia. It elaborates on the theory of job search and focuses on …; and (2) estimation of wage offer distribution for the transforming labor market. We use data from Phase II of the Russia … offers. The binomial logit-OLS estimation method with sample selection bias correction on pooled data from Rounds 5-9 of RLMS …
Persistent link: https://www.econbiz.de/10014031127
Even experienced, profit-maximizing managers in Russia may conduct less restructuring than otherwise, since the economy …
Persistent link: https://www.econbiz.de/10014206647
This paper studies the extent to which working couples can insure one another against cyclical fluctuations in the labor market and examines the implications of joint household decision-making for cyclical fluctuations in the unemployment rate. For this purpose, I provide a dynamic life-cycle...
Persistent link: https://www.econbiz.de/10011900736
payment equilibrium." Our econometric analysis of linked employer-employee data for Russia supports the model's contention …
Persistent link: https://www.econbiz.de/10010262404
payment equilibrium." Our econometric analysis of linked employer-employee data for Russia supports the model's contention …
Persistent link: https://www.econbiz.de/10011339102
transition from socialism to greater market orientation. We adopt a (full information) MLE methodology in addition to Heckman …
Persistent link: https://www.econbiz.de/10011577307
Empirical studies of labor markets show that social contacts are an important source of job-related information [Ioannides and Loury (2004)]. At the same time, wage differences among workers may be explained only in part by differences in individual background characteristics. Such findings...
Persistent link: https://www.econbiz.de/10011348716
This paper studies optimal taxation schemes for education in a search-matching model where the labor market is divided between a high-skill and a low-skill sector. Two public policy targets - maximizing the global employment level and optimizing the social surplus - are studied according to...
Persistent link: https://www.econbiz.de/10010487496
Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment rather than wages, at odds with the quantitative predictions of the canonical search model – even if wages are only occasionally renegotiated. We argue that one source of the...
Persistent link: https://www.econbiz.de/10011452214
Estimates on the effect of job contact method - i.e., informal versus formal search - on wage offers vary considerably across studies, with some of them finding a positive correlation between getting help from informal connections and obtaining high-paying jobs, while others finding a negative...
Persistent link: https://www.econbiz.de/10011407932