Showing 1 - 10 of 1,296
This paper investigates the US housing market from just before the Great Recession onward (2006-19) and assesses the … from the housing slump sooner, faster, and more prominently than slower sales. The simulated stock-flow matching model can …, indicating the importance of stock-flow matching for understanding housing market dynamics. …
Persistent link: https://www.econbiz.de/10013417356
This paper investigates the US housing market from just before the Great Recession onward (2006-2019) and assesses the … housing slump sooner, faster, and more prominently than slower sales. The simulated stock-flow matching model can not only … the importance of stock-flow matching for understanding housing market dynamics. …
Persistent link: https://www.econbiz.de/10013419282
Germany the group of workers with low tenure experienced higher inequality. …
Persistent link: https://www.econbiz.de/10010297527
the group of workers with low tenure experienced higher increases in wage inequality compared to the group of workers with … high tenure. …
Persistent link: https://www.econbiz.de/10010297934
the group of workers with low tenure experienced higher increases in wage inequality compared to the group of workers with … high tenure. …
Persistent link: https://www.econbiz.de/10010298016
This paper focuses on tenure driven productivity dynamics of a firm-worker match as a potential explanation of …
Persistent link: https://www.econbiz.de/10011605126
This paper investigates equilibria in a labor market where firms post wage/tenure contracts and risk-averse workers … endogenously over time through experience effects, tenure effects and quits to better paid employment. This equilibrium approach … suggests how to identify econometrically between experience and tenure effects on worker wages. …
Persistent link: https://www.econbiz.de/10010274781
performance related pay (PRP) flattens the pay-tenure profile. Wages and effort increase over the lifecycle, both with and without …
Persistent link: https://www.econbiz.de/10010286003
is 24 to 29%, which is higher than the return to experience. Furthermore, we estimate a 35% return to ten years of tenure … in the formal sector, with no significant return to tenure in the informal sector. The difference in the sources of wage …
Persistent link: https://www.econbiz.de/10010528578
Consider a principal who appoints an agent. Let the agent potentially serve for a sufficiently long time that one principal is replaced by another over this period. Suppose also that the quality of the agent appointed increases with the effort the incumbent principal devotes to hiring. Then the...
Persistent link: https://www.econbiz.de/10009786719