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Simultaneous Search with Heterogeneous Firms and Ex Post Competition
Gautier, Pieter A.; Wolthoff, Ronald P. - 2006
In this paper we study the allocation of workers over high and low productivity firms in a labor market with coordination frictions. Specifically, we consider a search model where workers can apply to high and or low productivity firms. Firms that compete for the same candidate can increase...
Persistent link: https://www.econbiz.de/10010325287
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Simultaneous search with heterogeneous firms and ex post competition
Gautier, Pieter A.; Wolthoff, Ronald P. - 2006
We study a search model where workers can send multiple applications to high and low productivity firms. Firms that compete for the same candidate can increase their wage offers as often as they like. We show that there is a unique equilibrium where workers mix between sending both applications...
Persistent link: https://www.econbiz.de/10010274013
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Simultaneous search with heterogeneous firms and ex post competition
Gautier, Pieter; Wolthoff, Ronald - 2006
In this paper we study the allocation of workers over high and low productivity firms in a labor market with coordination frictions. Specifically, we consider a search model where workers can apply to high and or low productivity firms. Firms that compete for the same candidate can increase...
Persistent link: https://www.econbiz.de/10011348699
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Simultaneous Search with Heterogeneous Firms and Ex Post Competition
Gautier, Pieter A.; Wolthoff, Ronald P. - Institute for the Study of Labor (IZA) - 2006
We study a search model where workers can send multiple applications to high and low productivity firms. Firms that compete for the same candidate can increase their wage offers as often as they like. We show that there is a unique equilibrium where workers mix between sending both applications...
Persistent link: https://www.econbiz.de/10005703587
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Simultaneous Search with Heterogeneous Firms and Ex Post Competition
Gautier, Pieter A.; Wolthoff, Ronald P. - Tinbergen Institute - 2006
In this paper we study the allocation of workers over high and low productivity firms in a labor market with coordination frictions. Specifically, we consider a search model where workers can apply to high and or low productivity firms. Firms that compete for the same candidate can increase...
Persistent link: https://www.econbiz.de/10005042233
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Simultaneous Search with Heterogeneous Firms and Ex Post Competition
Gautier, Pieter A; Wolthoff, Ronald - C.E.P.R. Discussion Papers - 2007
We study a search model where workers can apply to high and or low productivity firms. Firms that compete for the same candidate can increase their wage offers as often as they like. We show that if workers apply to two jobs, there is a unique symmetric equilibrium where workers mix between...
Persistent link: https://www.econbiz.de/10005504344
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Simultaneous Search with Heterogeneous Firms and Ex Post Competition
Gautier, Pieter A.; Wolthoff, Ronald P. - Tinbergen Instituut - 2006
In this paper we study the allocation of workers over high and low productivity firms in a labor market with coordination frictions. Specifically, we consider a search model where workers can apply to high and or low productivity firms. Firms that compete for the same candidate can increase...
Persistent link: https://www.econbiz.de/10011257276
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The Optimality and Overuse of Labour in Estonian Manufacturing Enterprises
Masso, Jaan; Heshmati, Almas - 2003
Estonian manufacturing enterprises. A dynamic model is employed where both the long run optimal level of employment and the … speed at which actual employment is adjusted to the optimal are modelled as functions of several variables. Firm level panel … data from 1995 to 1999 were used. The results showed that in the long run employment responds greatest to wages, followed …
Persistent link: https://www.econbiz.de/10010261600
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Simultaneous Search and Network Efficiency
Gautier, Pieter A.; Holzner, Christian - 2011
When workers send applications to vacancies they create a network. Frictions arise if workers do not know where other workers apply to (this affects network creation) and firms do not know which candidates other firms consider (this affects network clearing). We show that those frictions and the...
Persistent link: https://www.econbiz.de/10010277402
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Efficiency and labor market dynamics in a model of labor selection
Chugh, Sanjay K.; Merkl, Christian - 2011
We characterize efficient allocations and business cycle fluctuations in a labor selection model. Due to forward-looking hiring and labor supply decisions, efficiency entails both static and intertemporal margins. We develop welfare-relevant measures of marginal rates of transformation and...
Persistent link: https://www.econbiz.de/10010277965