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In a dynamic labor market worker-firm matches dissolve frequently causing workers to separate and firms to look for replacements. A separation may be initiated by the worker (a quit) or the firm (a layoff), or may result from a joint decision. A dissolution of a worker-firm match may be...
Persistent link: https://www.econbiz.de/10003333105
determinants. In this paper, we stress random shocks to match productivity after the start of an employment relation. The … this model above the learning model. We develop a methodology to analyze the decomposition of shocks to match productivity …
Persistent link: https://www.econbiz.de/10011399579
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/10009659316
dispersed because of search frictions and workers' productivity differentials. Using the (log) wage variance decomposition … productivities. Among medium skilled workers, productivity differentials and search frictions are equally important. The model …
Persistent link: https://www.econbiz.de/10009661663
This paper investigates the impact of a collective agreement stipulating a one shot increase in establishment-specific wage levels in a public-sector setting where wages otherwise are set according to individualized wage bargaining. The agreement stipulated that wages should increase in...
Persistent link: https://www.econbiz.de/10010354153
While peer effects have been shown to affect worker's productivity when workers are paid a fixed wage, there is little … individuals to work with a co-worker present does not increase worker's productivity. However, the presence of a peer in all …
Persistent link: https://www.econbiz.de/10009536706
This paper explores, both theoretically and empirically, how firing costs affect worker productivity and turnover. We … worker to exert higher effort. The increased productivity, in turn, affects turnover, and the magnitude of this effect …
Persistent link: https://www.econbiz.de/10012841576
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
We study the impact of labour turnover on labour productivity using a panel dataset of 347 shops belonging to a large … - we observe an inverted U-shape effect of labour turnover on productivity. The productivity-maximizing rates of FTE …-adjusted quits and hires are each about 20% per year, improving productivity by 2.5% compared to the zero turnover level. We explain …
Persistent link: https://www.econbiz.de/10013317416
In a dynamic labor market worker-firm matches dissolve frequently causing workers to separate and firms to look for replacements. A separation may be initiated by the worker (a quit) or the firm (a layoff), or may result from a joint decision. A dissolution of a worker-firm match may be...
Persistent link: https://www.econbiz.de/10013317563