Showing 1 - 10 of 633
This paper examines the behavior of dual jobholders to test a simple model of wage bargaining and wage posting. We … bargaining versus wage posting in the labor market. We interpret the evidence within a model where workers facing hours … aggregate, wage bargaining appears to be a limited determinant of wage setting. The estimated wage response to improved outside …
Persistent link: https://www.econbiz.de/10012797952
In many bargaining situations, the distribution of seats or voting weights does not accurately reflect bargaining power … at gender differences in bargaining behavior and in the effect of nominal weights. We find that women and men differ in …
Persistent link: https://www.econbiz.de/10013171871
This paper provides a search theoretic model with endogenous job creation, and homogenous workers and firms. The model introduces bidding costs and allows the current employer to make a counteroffer with probability q when the worker receives an outside offer. In equilibrium, a higher level of...
Persistent link: https://www.econbiz.de/10003435452
Observationally equivalent workers are paid higher wages in larger firms. This fact is often named as the "firm-size wage gap" and is regarded as a key empirical puzzle. Using micro-level data from Turkey, we document a new stylized fact: the firm-size wage gap is more pronounced for informal...
Persistent link: https://www.econbiz.de/10011376269
Observationally equivalent workers are paid higher wages in larger firms. This fact is often named as the "firm-size wage gap" and is regarded as a key empirical puzzle. Using micro-level data from Turkey, we document a new stylized fact: the firm-size wage gap is more pronounced for informal...
Persistent link: https://www.econbiz.de/10013012809
We study the Shapley wage function, a wage scheme in which a worker's pay depends both on the number of hours worked and on the output of the firm. We then provide a way to measure the distance of an arbitrary wage scheme to this function in limited datasets. In particular, for a fixed...
Persistent link: https://www.econbiz.de/10012983740
I develop an assignment model of occupations with multidimensional heterogeneity in production tasks and worker skills. Tasks are distributed continuously in the skill space, whereas workers have a discrete distribution with a finite number of types. Occupations arise endogenously as bundles of...
Persistent link: https://www.econbiz.de/10012802671
Abstract This paper studies implicit pricing of non-wage job characteristics in the labor market using a two-sided matching model. It departs from the previous literature by allowing worker heterogeneity in productivity, which gives rise to a double transaction problem in a hedonic model....
Persistent link: https://www.econbiz.de/10013037274
I build an equilibrium investment-and-marriage model to explain stylized facts about education, income, and marriage for Americans born in the twentieth century that had not been explained in a unified way. The most novel finding is a theoretical explanation for why women attend college at a...
Persistent link: https://www.econbiz.de/10012110230
A model is presented where workers of differing abilities and from different social backgrounds are assigned to jobs based on grades received at school. It is examined how this matching is affected if good grades are granted to some low ability students. Such grade inflation is shown to reduce...
Persistent link: https://www.econbiz.de/10014214686