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Standard program evaluations implicitly assume that individuals are perfectly informed about the considered policy change and the related institutional rules. This seems not very plausible in many contexts, as diverse examples show. However, evidence on how incomplete information affects the...
Persistent link: https://www.econbiz.de/10012287917
relation of commuting and wages. We find that it requires 1.5 times as much money in terms of higher wages for job changers to …
Persistent link: https://www.econbiz.de/10012099173
This paper studies match formation and dissolution in frictional marriage markets under labor market uncertainty. We propose a search model with transferable utility in which ex-ante heterogeneous men and women simultaneously search for partners in the marriage market and switch between...
Persistent link: https://www.econbiz.de/10012099150
This paper addresses the large degree of frictional wage dispersion in US data. The standard job matching model without …-the-job search in a stochastic job matching model. Our key result is that the inclusion of variable on-the-job search increases the …
Persistent link: https://www.econbiz.de/10010270155
A large literature underlines the fact that city sizes are heterogeneous and urban sprawl is not optimal (i.e. cities are too large). Surprisingly, we do not have a clear understanding of these two facts in urban search economics (see Zenou (2009)). Indeed, this literature systematically...
Persistent link: https://www.econbiz.de/10011397396
. Only wage mechanisms that allow for ex post competition generate the maximum matching on a realized network. We show that … random search with ex post competition in wages leads to the maximum number of matches and is socially efficient in terms of …
Persistent link: https://www.econbiz.de/10010329276
This paper analyses a local marketing campaign that provided information about unproven age-re-lated stereotypes and the value of older workers in Germany. The campaign was designed to increase the hiring rate of older workers. Using comprehensive register data, we find that the information...
Persistent link: https://www.econbiz.de/10012099043
unconstrained efficiency despite frictions: agents successfully conclude their search after a single meeting, a stable matching …
Persistent link: https://www.econbiz.de/10010310126
Does introducing or abolishing a policy measure affect the eligible individuals in the same way - just with opposite signs or are the reform effects of moving to a more or less generous policy symmetric? This is an important question that standard program evaluation results cannot answer and...
Persistent link: https://www.econbiz.de/10011527646
This paper studies whether the transition from a centrally planned to a market economy offers fundamentally new perspectives for those who, in economic terms, were relatively deprived under the old regime. Previous empirical research on this question has been limited by the availability of...
Persistent link: https://www.econbiz.de/10011301424