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process and labor markets are characterized by search and matching frictions. Entrants post vacancies and are matched to idle …
Persistent link: https://www.econbiz.de/10010292232
This paper presents a monetary-theoretic model to study the implications of networks' collection of personal identifying data and data security on each other's incidence and costs of identity theft. To facilitate trade, agents join clubs (networks) that compile and secure data. Too much data...
Persistent link: https://www.econbiz.de/10010292313
A controversial aspect of payment cards has been the 'no-surcharge rule.' This rule, which is part of the contract between the card provider and a merchant, states that the merchant cannot charge a customer who pays by card more than a customer who pays by cash. In this paper we consider the...
Persistent link: https://www.econbiz.de/10010292352
The Internet has the potential to reduce search frictions by allowing individuals to identify faster a larger set of …
Persistent link: https://www.econbiz.de/10010293205
outside option, which is modeled as a sequential search process during which he can also choose to return to bargaining at any … time. Two cases considered: In Regime I, both agents have symmetric information about the search parameters. We find that …, delay is possible. The solution characterizes the parameters for renegotiation and those for search with no return to the …
Persistent link: https://www.econbiz.de/10010293421
How can long-term unemployment be reduced by policy measures of the government? In this paper a growth-matching-model is developed, in which the unemployment pool consists of heterogeneous unemployed workers, short-term and long-term unemployed, and with an endogenous skill-depreciation of the...
Persistent link: https://www.econbiz.de/10010295581
How does technical progress affect long-term unemployment? The relationship between long-term unemployment and the rate of growth attributable to technical progress is evaluated in a growth-matching-model with heterogeneous jobless workers and with endogenously determined long-term unemployed...
Persistent link: https://www.econbiz.de/10010295584
This paper considers training, mobility decisions and wages together to test for the specificity of human capital contained in continuing training courses. We empirically analyse the relationship between training, mobility and wages in two ways. First, we examine the correlation between training...
Persistent link: https://www.econbiz.de/10010297508
driven by policy: rather, in a model of costly search, firms who are engaged in a searching process are very sensitive to …
Persistent link: https://www.econbiz.de/10010299558
driven by policy: rather, in a model of costly search, firms who are engaged in a searching process are very sensitive to …
Persistent link: https://www.econbiz.de/10010301325