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We present a generalization of the standard random-search model of unemployment in which firms hire multiple workers … wages are determined by continuous bargaining between the firm and its employees. The model generates a non … facts about the joint distribution of firm size, firm growth, and wages in the U.S. economy. We also conduct a numerical …
Persistent link: https://www.econbiz.de/10011674212
der Arbeitslosigkeit zur Folge hat. -- search friction ; labor market transitions ; wages …
Persistent link: https://www.econbiz.de/10003874124
simultaneously opening more vacancies and increasing participation. A modest binding minimum wage or conditioning UI benefits on …
Persistent link: https://www.econbiz.de/10011372979
partners in the marriage market and switch between employment and unemployment in the labor market. In the marriage market … labor market divorces triggered by unemployment has decreased significantly. …
Persistent link: https://www.econbiz.de/10012304704
search models. Specifically, the correlation between pre- and post-displacement wages is informative of frictional wage …
Persistent link: https://www.econbiz.de/10012022438
search models. Specifically, the correlation between pre- and post-displacement wages is informative of frictional wage …
Persistent link: https://www.econbiz.de/10012319318
class of search models. Specifically, the correlation between pre‐ and post‐displacement wages is informative of frictional …
Persistent link: https://www.econbiz.de/10014362543
proposed in models relating turnover and efficiency wage theory. We find evidence of a substantial number of firms paying wages …
Persistent link: https://www.econbiz.de/10005604076
wages and the local unemployment rate - within a number of occupations. It exploits the Bank of Italy’s Household Survey and …
Persistent link: https://www.econbiz.de/10010425988
-sector wages, more nepotism in public-sector hiring lowers the unemployment rate because it limits the size of queues for public … as nepotism in hiring in the public sector, on unemployment and rent seeking. Conditional on inefficiently high public …
Persistent link: https://www.econbiz.de/10012194928