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behind both deunionization and polarization. In a search and matching framework with endogenous occupational and endogenous …-skill occupations worsens the bargaining position of unions, which crucially depends on the occupational structure inside a firm. This … polarization and the increasing income inequality. …
Persistent link: https://www.econbiz.de/10012099120
This paper extends Pissarides (1990)’s matching model by considering two sectors (routine and manual) and workers …
Persistent link: https://www.econbiz.de/10011389072
This paper develops a multi-sectorial search and matching model with endogenous occupational choice in a context of …
Persistent link: https://www.econbiz.de/10011438027
to that of the French economy. We then develop a multi-sectorial search and matching model with endogenous occupational …
Persistent link: https://www.econbiz.de/10011732027
We develop and estimate a search model that captures the specific characteristics of Latin America and Caribbean (LAC) labor markets and the crucial differences between men and women. Labor force participation decisions are integrated in the labor market dynamics, taking into account sample...
Persistent link: https://www.econbiz.de/10012486482
Recent research documents mounting evidence for sizable and persistent biases in individual labor market expectations. This paper incorporates subjective expectations into a general equilibrium labor market model and studies the implications of biased expectations for wage bargaining, vacancy...
Persistent link: https://www.econbiz.de/10014249742
Recent research documents mounting evidence for sizable and persistent biases in individual labor market expectations. This paper incorporates subjective expectations into a general equilibrium labor market model and analytically studies the implications of biased expectations for wage...
Persistent link: https://www.econbiz.de/10014501268
Worker sorting into tasks and occupations has long been recognized as an important feature of labor markets. But this sorting may be inefficient if jobseekers have inaccurate beliefs about their skills and therefore apply to jobs that do not match their skills. To test this idea, we measure...
Persistent link: https://www.econbiz.de/10014394213
This paper presents a model in which mismatch employment arises in a constrained efficient equilibrium. In the decentralized economy, however, mismatch gives rise to a congestion externality whereby heterogeneous job seekers fail to internalize how their individual actions affect the labor...
Persistent link: https://www.econbiz.de/10011932219
We analyze the impact of information frictions on workers' wages, contributing to the literature that tested search theory, which has so far focused on labor market frictions in general and not specifically on information asymmetries. Using data for 16 countries from the European Social Survey...
Persistent link: https://www.econbiz.de/10010528571