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firms differ in their productivities. Wages are dispersed because of search frictions and workers' productivity … worker productivity differentials, frictional wage dispersion and workers' sorting dynamics. I calibrate the model using a … important as workers' productivity differentials. Differences in firms' productivities are also an important source of wage …
Persistent link: https://www.econbiz.de/10013098818
Equilibrium search theory suggests that the wage distribution in a cross section of workers is closely related to labor market transitions and associated wage changes. Accordingly, job-to-job transitions are central in explaining the wage distribution. This paper uses the IAB employment...
Persistent link: https://www.econbiz.de/10012727242
How well does a simple search on-the-job model fit the eighteen years of job and wage mobility of high school graduates? To answer this question we are confronted from the data with a prevalent non-compliance and exemptions from the minimum wage. We incorporate this observation in a job search...
Persistent link: https://www.econbiz.de/10012778520
improve an economy's productivity …
Persistent link: https://www.econbiz.de/10013252328
We set up a model with on-the-job search in which firms infrequently post vacancies for which workers occasionally apply. The model nests the standard job ladder and stock-flow models as special cases, while remaining analytically tractable and easy to estimate from standard panel data sets. The...
Persistent link: https://www.econbiz.de/10012795723
firms differ in their productivities. Wages are dispersed because of search frictions and workers' productivity … worker productivity differentials, frictional wage dispersion and workers' sorting dynamics. I calibrate the model using a … important as workers' productivity differentials. Differences in firms' productivities are also an important source of wage …
Persistent link: https://www.econbiz.de/10009656069
improve an economy's productivity …
Persistent link: https://www.econbiz.de/10012478583
We set up a model with on-the-job search in which firms infrequently post vacancies for which workers occasionally apply. The model nests the standard job ladder and stock-flow models as special cases while remaining analytically tractable and easy to estimate from standard panel data sets....
Persistent link: https://www.econbiz.de/10011903106
This paper explores the impact of undocumented as opposed to documented immigration in a model featuring search frictions and non-random hiring that is consistent with novel empirical evidence presented. In this framework, undocumented immigrants' wages are the lowest of all workers due to their...
Persistent link: https://www.econbiz.de/10011688026
Persistent link: https://www.econbiz.de/10011592322