Showing 1 - 10 of 2,966
that firms post wage-tenure contracts as an optimal response to their employees' search behaviour and human capital …' on-the-job search and firms' tenure contracts, although temporary and smaller in size, are long-lasting. It takes workers …In this paper we develop and quantitatively assess a tractable equilibrium search model of the labour market to analyse …
Persistent link: https://www.econbiz.de/10010530652
We analyze the impact of information frictions on workers' wages, contributing to the literature that tested search …
Persistent link: https://www.econbiz.de/10010528571
We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs …
Persistent link: https://www.econbiz.de/10011382706
minimum wages when firms are financially constrained. We introduce financial frictions into a search and matching labor market …
Persistent link: https://www.econbiz.de/10014365430
The paper develops a two-sector general equilibrium search model where goods are produced exclusively in the market and …
Persistent link: https://www.econbiz.de/10010321719
The paper develops a two-sector general equilibrium search model where goods are produced exclusively in the market and …
Persistent link: https://www.econbiz.de/10011586206
The paper extends the basic Stiglitz (1982) model of optimal income taxation into general search equilibrium. When we …
Persistent link: https://www.econbiz.de/10011588141
This paper surveys recent work in equilibrium models of labor markets characterized by search and recruitment frictions …
Persistent link: https://www.econbiz.de/10005497772
The paper develops a two-sector general equilibrium search model where "goods" are produced exclusively in the market …
Persistent link: https://www.econbiz.de/10005644588
of job search with aggregate productivity shocks, where i) workers face incomplete markets, and ii) wages are determined … via optimal long-term contracts. Despite the large state space associated with long-term contracting, the equilibrium has …
Persistent link: https://www.econbiz.de/10004991578