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This paper assesses wage setting and wage dynamics in a search and matching framework where (i) workers and firms on … wages and workers cannot commit to not searching on the job. The resulting progression of wages (from firms paying just … growth are negatively correlated with initial wages. …
Persistent link: https://www.econbiz.de/10014434270
How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi …. These changes led to higher job-finding rates and starting wages and more stable employment relationships after an …
Persistent link: https://www.econbiz.de/10012225927
How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi …. These changes led to higher job-finding rates and starting wages and more stable employment relationships after an …
Persistent link: https://www.econbiz.de/10012136736
Aufbauend auf der Hypothese, dass Arbeitsmärkte durch unvollständige Information charakterisiert sind, werden in diesem Arbeitspapier neuere Entwicklungen innerhalb eines Zweiges informationsökonomischer Ansätze vorgestellt: der Suchtheorie. Dabei werden ausführlich insbesondere jene...
Persistent link: https://www.econbiz.de/10010297310
A large part of the literature on frictional matching in the labor market assumes bilateral meetings between workers … arises endogenously and workers spread their applications over the different types of contracts. Estimation of the model on …
Persistent link: https://www.econbiz.de/10009315282
This paper analyzes the role of the period length in a search model of the labor market and argues that it has profound implications for the market equilibrium. In the model, job offers and job destruction shocks arrive according to a Poisson process in continuous time, but institutional factors...
Persistent link: https://www.econbiz.de/10009425774
This paper analyzes the role of the period length in a search model of the labor market and argues that it has profound implications for the market equilibrium. In the model, job offers and job destruction shocks arrive according to a Poisson process in continuous time, but institutional factors...
Persistent link: https://www.econbiz.de/10013119736
through their network connections or directly from firms. We show that jobs found through network search have wages that … empirical studies on networks and labor markets: jobs found through networks have higher wages and last longer …
Persistent link: https://www.econbiz.de/10012903307
This paper develops a search and matching model with heterogeneous firms, on-the-job search by workers, Nash bargaining … over wages and adaptive learning. We assume that workers are boundedly rational in the sense that they do not have perfect … simulation allows us to collect data on productivities and wages which is used for updating workers' expetations. The stimated …
Persistent link: https://www.econbiz.de/10012895321
This paper develops a search and matching model with heterogeneous firms, on-the-job search by workers, Nash bargaining … over wages and adaptive learning. We assume that workers are boundedly rational in the sense that they do not have perfect … simulation allows us to collect data on productivities and wages which is used for updating workers' expectations. The estimated …
Persistent link: https://www.econbiz.de/10011946462