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Integrating Roy with Becker, this paper studies occupational choice and matching in the labor market. Our model generates occupation earnings distributions which are right skewed, have firm fixed effects, and large changes in aggregate earnings inequality without significant changes in within...
Persistent link: https://www.econbiz.de/10011613424
Poor countries have low rates of wage employment and high rates of self-employment. This paper shows that they also … have high rates of unemployment relative to wage employment, and that self-employment is particularly high where the … unemployment-wage employment ratio is high. I interpret high unemployment-employment ratios as evidence of labor market frictions …
Persistent link: https://www.econbiz.de/10012019270
How skills acquired in vocational education and training (VET) affect wages and employment is not clear. We develop and estimate a search and matching model for workers with a VET degree. Workers differ in interpersonal, cognitive and manual skills, while firms require and value different...
Persistent link: https://www.econbiz.de/10011864583
Persistent link: https://www.econbiz.de/10012166180
Poor countries have low wage employment and high self-employment. This paper shows that they also have high … unemployment relative to wage employment, and that self-employment increases with this ratio. To understand the sources of these … matches, and calibrate it to match all transition rates between wage employment, unemployment and self-employment as well as …
Persistent link: https://www.econbiz.de/10014310911
We study an overlapping generations version of the principal-agent problem, where incentive contracts are determined in general equilibrium. All individuals are workers when young, but have a choice between becoming entrepreneurs or remaining workers when old. Imperfections in the credit market...
Persistent link: https://www.econbiz.de/10014135339
We study an overlapping generations version of the principal-agent problem, where incentive contracts are determined in general equilibrium. All individuals are workers when young, but have a choice between becoming entrepreneurs or remaining workers when old. Imperfections in the credit market...
Persistent link: https://www.econbiz.de/10014147066
Persistent link: https://www.econbiz.de/10011433513
Diese Studie analysiert den Zusammenhang von individueller Risikoeinstellung und Berufswahl anhand des Lohnrisikos …
Persistent link: https://www.econbiz.de/10003969724
independently from education and that the results are not driven by workers' occupational mobility. -- Wage dynamics ; occupational …
Persistent link: https://www.econbiz.de/10003974544