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The causes and economic consequences of envy
Cabrales, Antonio - In: SERIEs : Journal of the Spanish Economic Association 1 (2010) 4, pp. 371-386
In this lecture I first give an explanation for invidious preferences based on the (evolutionary) competition for resources. Then I show that these preferences have wide ranging and empirically relevant effects on labor markets, such as: workplace skill segregation, gradual promotions, wage...
Persistent link: https://www.econbiz.de/10009355901
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A tale of two countries : a story of the French and US polarization
Albertini, Julien; Hairault, Jean-Olivier; Langot, François - 2017
to that of the French economy. We then develop a multi-sectorial search and matching model with endogenous occupational …
Persistent link: https://www.econbiz.de/10011732027
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An incentive theory of matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2009
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …
Persistent link: https://www.econbiz.de/10003832116
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What can a New Keynesian labor matching model match?
Reicher, Christopher Phillip - 2009
A labor matching model with nominal rigidities can match short-run movements in labor's share with some success …
Persistent link: https://www.econbiz.de/10003826579
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An incentive theory of matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2009
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …
Persistent link: https://www.econbiz.de/10003827234
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The Race Between Education, Technology, and Institutions
Vogel, Jonathan - National Bureau of Economic Research - 2022
I generalize the canonical model--in which relative supply and demand for worker skills shape the skill premium--incorporating monopsony power, minimum wages, and unemployment. I estimate the extended canonical model using national data and, separately, state-level data. I show that...
Persistent link: https://www.econbiz.de/10013334528
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Cyclical unemployment, structural unemployment
Diamond, Peter A. - 2013
unemployment and vacancy rates and the related matching function as proxies for the functioning of the labor market and explores …
Persistent link: https://www.econbiz.de/10009707552
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Cyclical unemployment, structural unemployment
Diamond, Peter A. - 2013 - This version: June 14, 2013
unemployment and vacancy rates and the related matching function as proxies for the functioning of the labor market and explores …
Persistent link: https://www.econbiz.de/10009757237
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Inter-industry mobility and the cyclical upgrading of labor
Bils, Mark; McLaughlin, Kenneth J. - 1992
Persistent link: https://www.econbiz.de/10000136726
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Equilibrium employment in a model of imperfect labour market
Garibaldi, Pietro (contributor); Wasmer, Etienne (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002159721