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This paper describes how personnel policies vary between establishments with respect to pay, tenure and worker flows. In particular we have analyzed to what extent higher pay is related to higher or lower turnover among the work force and more or less seniority. Can higher pay be considered a...
Persistent link: https://www.econbiz.de/10005646966
Most firms are observed to put forth more effort in finding workers than randomly choosing someone off the street. The paper considers how job and firm characteristics affect the recruiting and screening process used by employers trying to hire new workers and whether the recruiting efforts have...
Persistent link: https://www.econbiz.de/10005646967
In this paper we theoretically and empirically analyze equilibrium search models of the labor market. The Burdett-Mortensen equilibrium search model is generalized by allowing for continuous distributions of firm productivity types within a given labor market. We characterize equilibrium and...
Persistent link: https://www.econbiz.de/10005646968
In the simple framework of a static model for equilibrium wages and labour supplies, we show that the incidence of income tax on equilibrium wages can be measured independently from the individual labour supply elasticity. This extends recent work by Blundell, Duncan and Meghir (1998) and Eissa...
Persistent link: https://www.econbiz.de/10005646969
Traditionally, labour supply data do not include explicit information on hours and wages in secondary job or overtime work. We compare the estimated labour supply responses based on budget constraints reflecting detailed information on wages in overtime work and second job with the estimates...
Persistent link: https://www.econbiz.de/10005646970
We analyse the returns to schooling in Zambia in a human capital model where participation and sector choice are assumed endogenous. In urban areas, we find that the return to primary schooling is almost nil, whereas in rural areas, the return to primary education is positive. In both cases, the...
Persistent link: https://www.econbiz.de/10005646971
This paper gives a comprehensive picture of job and worker flows for the entire Danish economy. We exploit a unique central administrative register encompassing all employees of all establishments across all sectors throughout two business cycles. This enables us to broaden the focus of the...
Persistent link: https://www.econbiz.de/10005646972
We estimate an equilibrium search model with productivity dispersion between markets and structural unemployment, using Danish data. For women, structural unemployment is relatively more important than frictional unemployment, but for men, frictional unemployment is most important. Overall,...
Persistent link: https://www.econbiz.de/10005646973
The homogeneous search equilibrium model of Mortensen (1990) and Burdett and Mortensen (1998) is extended to allow on-the-job wage growth. The extension allows an improved empirical fit to the cross-section wage distribution. The estimation problem is nonregular but tractable. Estimated...
Persistent link: https://www.econbiz.de/10005646974
In this paper I study the way in which individual unemployment durations vary over the business cycle, as measured by the aggregate unemployment rate.
Persistent link: https://www.econbiz.de/10005646975