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Search capital
Carrillo-Tudela, Carlos; Smith, Eric - 2012
We construct a simple equilibrium search model in which workers accumulate information about previously met employment contacts. We term the latter search capital. Here search capital (partially) insures workers against adverse shocks. The model provides a theory of job-to-job transitions that...
Persistent link: https://www.econbiz.de/10010280970
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Search capital
Carrillo-Tudela, Carlos; Smith, Eric - 2012
We construct a simple equilibrium search model in which workers accumulate information about previously met employment contacts. We term the latter search capital. Here search capital (partially) insures workers against adverse shocks. The model provides a theory of job-to-job transitions that...
Persistent link: https://www.econbiz.de/10010282515
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Supervision and Effort in an Intertemporal Efficiency Wage Model: The Role of the Solow Condition
Faria, João Ricardo - 1998
The Solow condition is examined in an intertemporal model that blends the shirking and the turnover models of … efficiency wages with managerial supervision. It is shown that the Solow condition does not hold when shirking and turnover costs … are considered. The Solow condition can be a possible outcome when managerial productivity offsets shirking and turnover …
Persistent link: https://www.econbiz.de/10010443316
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Learning through coworker referrals
Glitz, Albrecht; Vejlin, Rune Majlund - 2019
In this paper, we study the role of coworker referrals for labor market outcomes. Using comprehensive Danish administrative data covering the period 1980 to 2005, we first document a strong tendency of workers to follow their former coworkers into the same establishments and provide evidence...
Persistent link: https://www.econbiz.de/10011997660
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Supervision and effort in an intertemporal efficiency wage model : the role of the Solow condition
Faria, João Ricardo - 1998
The Solow condition is examined in an intertemporal model that blends the shirking and the turnover models of … efficiency wages with managerial supervision. It is shown that the Solow condition does not hold when shirking and turnover costs … are considered. The Solow condition can be a possible outcome when managerial productivity offsets shirking and turnover …
Persistent link: https://www.econbiz.de/10011529959
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Search capital
Carrillo-Tudela, Carlos; Smith, Eric - 2012
. -- search capital ; turnover ; wage cuts …
Persistent link: https://www.econbiz.de/10009500750
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Search capital
Carrillo-Tudela, Carlos; Smith, Eric - 2012
. -- search capital ; turnover ; wage cuts …
Persistent link: https://www.econbiz.de/10009531334
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Labor market polarization over the business cycle
Foote, Christopher L.; Ryan, Richard W. - 2014 - This version: December 26, 2014
One of the most important long-run trends in the U.S. labor market is polarization, defined as the relative growth of employment in high-skill jobs (such as management and technical positions) and low-skill jobs (such as food-service and janitorial work) amid the concurrent decline in...
Persistent link: https://www.econbiz.de/10010493670
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Structural and Cyclical Trends in Net Employment over US Business Cycles, 1949-2009 : Implications for the Next Recovery and Beyond
Kirkegaard, Jacob F. - 2011
This paper expands on the methodology of Groshen and Potter (2003) for studying cyclical and structural changes in the US economy and analyzes the net structural and cyclical employment trends in the US economy during the last 10 trough-to-trough business cycles from 1949 to the present. It...
Persistent link: https://www.econbiz.de/10013134472
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Unemployment and Endogenous Reallocation Over the Business Cycle
Carrillo-Tudela, Carlos - 2013
We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously separate from employment and endogenously reallocate between...
Persistent link: https://www.econbiz.de/10013087720