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Although search-matching theory has come to dominate labor economics in recent years, few attempts have been made to compare the empirical relevance of search-matching theory to efficiency wage and bargaining theories, where employment is determined by labor demand. In this paper we formulate an...
Persistent link: https://www.econbiz.de/10005405719
This paper studies gender differences in labor market outcomes using data from an Internetbased CV database. The women in the database get fewer firm contacts than men, and we show that this is partly explained by differences in education, experience and other skills, is not explained by...
Persistent link: https://www.econbiz.de/10005419213
We formulate an efficiency wage model with on-the-job search where wages depend on turnover and employers may use information on whether the searching worker is employed or unemployed as a hiring criterion. We show theoretically that ranking by employment status affects both the level and the...
Persistent link: https://www.econbiz.de/10005642474
How well do alternative labor market theories explain variations in net job creation? According to search-matching theory, job creation in a firm should depend on the availability of workers (unemployment) and on the number of job openings in other firms (congestion). According to efficiency...
Persistent link: https://www.econbiz.de/10005644624
How well do alternative labor market theories explain variations in net job creation? According to search-matching theory, job creation in a firm should depend on the availability of workers (unemployment) and on the number of job openings in other firms (congestion). According to efficiency...
Persistent link: https://www.econbiz.de/10005649066
This paper considers the optimal hiring strategy of a firm that is unable to observe the productive abilities of all its applicants. Whom the firm considers as hireable, will depend crucially on the extent to which the firm can use its wage setting to mirror productivity differences. However,...
Persistent link: https://www.econbiz.de/10005651826
This paper uses data from an Internet-based CV database to investigate how factors which may be used as a basis for discrimination, such as the searchers’ ethnicity, gender, age and employment status, affect the number of contacts they receive from firms. Since we have access to essentially...
Persistent link: https://www.econbiz.de/10005651842
We formulate an efficiency wage model with on-the-job search where wages depend on turnover and employers may use information on whether the searching worker is employed or unemployed as a hiring criterion. We show theoretically that ranking of job applicants by employment status affects both...
Persistent link: https://www.econbiz.de/10005651866
This paper investigates the consequences of skill loss as a result of unemployment in an efficiency wage model with turnover costs and on-the-job search. Firms are unable to differentiate wages and therefore prefer to hire employed searchers or unemployed workers who have not lost human capital....
Persistent link: https://www.econbiz.de/10005651921
Discrimination in the housing market may create large economic inefficiencies and unfair individual outcomes, but is very difficult to measure. To circumvent the problems with unobserved heterogeneity, most recent studies use the correspondence testing approach (i.e. sending fictitious inquiries...
Persistent link: https://www.econbiz.de/10010744344