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Unobserved bilateral search on the labor market : a theory-based correction for a common flaw in empirical matching studies
Sunde, Uwe - 2002
. Moreover, it is shown that the neglect of endogenous but not observable behavior in the empirical literature on labor matching … leads to systematically biased estimates of the matching elasticities, posing a caveat on the results of previous studies … testing for constant returns of the matching function. The theoretical model presented allows to predict the direction of the …
Persistent link: https://www.econbiz.de/10011412007
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Endogenous wage and capital dispersion, on-the-job search and the matching technology
Galindo-Rueda, Fernando - 2002
provide a framework with microeconomic foundations that give rise to matching frictions, which can be used to understand the … indeed, more frequently used aggregate matching technology. Existing differences turn out to be crucial for the empirical …
Persistent link: https://www.econbiz.de/10011414689
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Worker flows, job flows and firm wage policies : an analysis of Slowenia
Haltiwanger, John C. (contributor);  … - 2002
Like many transition economies, Slovenia is undergoing profound changes in the workings of the labor market with potentially greater flexibility in terms of both wage and employment adjustment. We investigate the impact of the changing labor market for Slovenia using unique longitudinal matched...
Persistent link: https://www.econbiz.de/10001701408
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Fixed Term Contracts as Sorting Mechanisms : Evidence from Job Durations in West Germany
Boockmann, Bernhard - 2008
matching approach, we find that job exit rates are initially much higher if the employment spell began with an FTC. However …
Persistent link: https://www.econbiz.de/10012727288
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Educational Mismatch and Promotions to Managerial Positions : A Test of the Career Mobility Theory
Grunau, Philipp - 2018
Career mobility theory suggests that given a certain occupation, schooling improves upward mobility in terms of promotion and wage growth. We are the first to test the implications of this theory for over- and under-education by means of direct information about promotions to managerial...
Persistent link: https://www.econbiz.de/10012929528
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Endogenous Wage and Capital Dispersion, On-the-Job Search and the Matching Technology
Galindo-Rueda, Fernando - 2021
provide a framework with microeconomic foundations that give rise to matching frictions, which can be used to understand the … indeed, more frequently used aggregate matching technology. Existing differences turn out to be crucial for the empirical …
Persistent link: https://www.econbiz.de/10013320214
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Worker Flows, Job Flows and Firm Wage Policies : An Analysis of Slovenia
Vodopivec, Milan; Haltiwanger, John - 2021
Like many transition economies, Slovenia is undergoing profound changes in the workings of the labor market with potentially greater flexibility in terms of both wage and employment adjustment. We investigate the impact of the changing labor market for Slovenia using unique longitudinal matched...
Persistent link: https://www.econbiz.de/10013320426
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Unobserved Bilateral Search on the Labor Market : A Theory-Based Correction for a Common Flaw in Empirical Matching Studies
Sunde, Uwe - 2021
. Moreover, it is shown that the neglect of endogenous but not observable behavior in the empirical literature on labor matching … leads to systematically biased estimates of the matching elasticities, posing a caveat on the results of previous studies … testing for constant returns of the matching function. The theoretical model presented allows to predict the direction of the …
Persistent link: https://www.econbiz.de/10013320483
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Firm wages in a frictional labor market
Rudanko, Leena - 2018
This paper studies a labor market with directed search, where multi-worker firms follow a firm wage policy: They pay equally productive workers the same. The policy reduces wages, due to the influence of firms’ existing workers on their wage setting problem, increasing the profitability...
Persistent link: https://www.econbiz.de/10011971300
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Decentralised Job Matching
Haeringer, Guillaume; Wooders, Myrna H. - 2004
unique outcome, the worker-optimal matching …
Persistent link: https://www.econbiz.de/10014073892