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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

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

Search capital

Carrillo-Tudela, Carlos; Smith, Eric - 2012

. -- search capital ; turnover ; wage cuts …

Persistent link: https://www.econbiz.de/10009500750

Search capital

Carrillo-Tudela, Carlos; Smith, Eric - 2012

. -- search capital ; turnover ; wage cuts …

Persistent link: https://www.econbiz.de/10009531334

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

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

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

Unemployment and Endogenous Reallocation Over the Business Cycle

Carrillo-Tudela, Carlos - 2020

This paper studies the extent to which the cyclicality of gross and net occupational mobility shapes that of aggregate unemployment and its duration distribution. Using the SIPP, we document the relation between workers' (gross and net) occupational mobility and unemployment duration over the...

Persistent link: https://www.econbiz.de/10012833736

Job Duration and Match Quality Over the Cycle

Mustre-del-Rio, Jose - 2016

This paper examines how job quality varies over the cycle. Empirical evidence from the National Longitudinal Survey of Youth (NLSY) suggests match quality is procyclical. This interpretation is corroborated in a calibrated model with on-the-job search. In the model, more high quality matches are...

Persistent link: https://www.econbiz.de/10013007731

Quit Turnover and the Business Cycle : A Survey

Carrillo-Tudela, Carlos - 2015

turnover and unemployment are endogenously determined in economies with aggregate shocks. The aim of the discussion is not only … to highlight possible market failures but also to explain how on-the-job search and employee turnover fundamentally …

Persistent link: https://www.econbiz.de/10013014034

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