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Unemployment invariance
Karanassou, Marika; Snower, Dennis J. - 2002
labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … productivity. …
Persistent link: https://www.econbiz.de/10011412072
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Excess Turnover and Employment Growth : Firm and Match Heterogeneity
Centeno, Mário - 2009
Portuguese firms engage in intense reallocation, most employers simultaneously hire and separate from workers, resulting in a large heterogeneity of flows and excess turnover. Large and older firms have lower flows, but high excess turnover rates. In small firms, hires and separations move...
Persistent link: https://www.econbiz.de/10013153497
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The effect of educational mismatch on wages for 25 countries
Galasi, Péter (contributor) - 2008
By making use of the Duncan&Hoffman model, the paper estimates returns to educational mismatch using comparable microdata for 25 European countries. Our aim is to investigate the extent to which the main empirical regularities produced by other papers on the subject are confirmed by our data...
Persistent link: https://www.econbiz.de/10003739720
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Accelerated technological progress : an explanation for wage dispersion and a possible solution to the productivity paradox
Nikutowski, Oliver - 2007
occurred simultaneously, is the reduction of the total factor productivity during the emergence of the computerage - the so … called productivity paradox. This contribution offers a simple unified solution to both of these puzzles and explains the … share of individuals who choose a less productive qualification may lead to a transitory slowdown of the productivity growth …
Persistent link: https://www.econbiz.de/10003470547
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Sorting on skills and preferences : Tinbergen meets Sattinger
Dupuy, Arnaud - 2010
This paper proposes an assignment model where sorting occurs on attributes including both skills (Sattinger, 1979) and preferences (Tinbergen, 1956). The key feature of this model is that the wage function admits both jobs' and workers' attributes as arguments. Since this function is generically...
Persistent link: https://www.econbiz.de/10008901601
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One way the demand for labor may adapt to the availability of labor
Duleep, Harriet Orcutt - 2012
This paper presents and tests a model that may partially explain why the demand for labor adapts to the availability of labor. In particular, I postulate that the cost of hiring declines with increases in the amount of labor available. The cost of hiring would decrease with a growth in available...
Persistent link: https://www.econbiz.de/10009558990
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The right man for the job
Teulings, Coen N.; Gautier, Pieter - 2001
This paper describes a search model with a continuum of workerand job types, transferable utility and an increasing returns to scale contact technology. We apply a second order Taylor expansion to characterize the equilibrium. One third of theincreasing returns in contacts are absorbed by firms...
Persistent link: https://www.econbiz.de/10011399676
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Unemployment and search externalities in a model with heterogeneous jobs and heterogeneous workers
Gautier, Pieter - 1999 - This version: June, 25, 1999
harmed by high skilled workers who are willing to temporarily accept simple jobs depends on the relative productivity of high …
Persistent link: https://www.econbiz.de/10011302133
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An empirical measure for labor market density
Gautier, Pieter; Teulings, Coen N. - 2000
In this paper we derive a structural measure for labor market density based on the Ellison and Glasear (1997) "Index for industry concentration". This labor market density measure serves as a proxy for the number of workers that can reach a certain work area within a reasonal amount of traveling...
Persistent link: https://www.econbiz.de/10011303301
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Entrepreneurship, human capital, and labor demand : a story of signaling and matching
Bublitz, Elisabeth; Nielsen, Kristian; Noseleit, Florian; … - 2015
Contrary to employees, there is no clear evidence that entrepreneurs' education positively effects income. In this study we propose that entrepreneurs can benefit from their education as a signal during the recruitment process of employees. This process is then assumed to follow a matching of...
Persistent link: https://www.econbiz.de/10011303480