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This paper develops a search and matching model with heterogeneous firms, on-the-job search by workers, Nash bargaining …
Persistent link: https://www.econbiz.de/10012895321
In a standard Diamond-Mortensen-Pissarides labour market with frictions, the authors seek to determine when there is more employment with individual wage bargaining than with collective wage bargaining, using a wage equation generated by the standard total surplus sharing rule. Using a...
Persistent link: https://www.econbiz.de/10011736724
In a standard Diamond-Mortensen-Pissarides labour market with frictions, the authors seek to determine when there is more employment with individual wage bargaining than with collective wage bargaining, using a wage equation generated by the standard total surplus sharing rule. Using a...
Persistent link: https://www.econbiz.de/10011976503
with frictional markets. We build an equilibrium search model where married couples make joint decisions on home production … better job offers when their spouses are employed, and in some equilibria a person may search for transitory jobs with the … matter of multiple equilibria, depending on parameter values. All this provides an additional explanation for wage and search …
Persistent link: https://www.econbiz.de/10011669431
The labor search and matching model plays a growing role in macroeconomic analysis. This paper provides a critical …
Persistent link: https://www.econbiz.de/10013317120
dynamic features of job-worker flows, wage dispersion and mobility as well as search on the job. The basic model is also … extended to endogenise firms' optimal investment in job-specific capital and search efforts undertaken by both employed and … identification of the wage offer distribution and may also bias subsequent inferences about underlying search cost parameters …
Persistent link: https://www.econbiz.de/10013320214
aggregate economy. Building a heterogeneous-firm directed search model where workers gradually learn about firm types, I find …
Persistent link: https://www.econbiz.de/10015191435
This paper studies a labor market with directed search, where multi-worker firms follow a firm wage policy: They pay …
Persistent link: https://www.econbiz.de/10011971300
This paper develops a labour market matching model with heterogeneous firms, on-thejob search and referrals. Social … other climb a wage ladder. On-the-job search is then intensified and wage inequality is reduced as workers employed in high …
Persistent link: https://www.econbiz.de/10010340568
This paper presents a search model with heterogeneous workers, social networks and endogenous search intensity. There … are three job search channels available to the unemployed: costly formal applications and two costless informal channels … contacts exhibit a strong degree of homophily, thus it is profitable for firms to direct their network search towards the more …
Persistent link: https://www.econbiz.de/10010366149