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increasing in h, where h is worker skill and p is firm productivity). In this sense, the positive assortative matching result in … Becker (1973) is shown to generalize to this paper's search friction setting. However, the positive assortative matching …
Persistent link: https://www.econbiz.de/10014049092
Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may … higher realized wages and not more matches, because the scale effects on matches are offset by the response of reservation … wages. …
Persistent link: https://www.econbiz.de/10005016877
Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may … higher realized wages and not more matches, because the scale effects on matches are offset by the response of reservation … wages. …
Persistent link: https://www.econbiz.de/10005761782
Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may … higher realized wages and not more matches, because the scale effects on matches are offset by the response of reservation … wages. …
Persistent link: https://www.econbiz.de/10005504450
Reduced- form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may … higher realized wages and not more matches, because the scale effects on matches are offset by the response of reservation … wages. …
Persistent link: https://www.econbiz.de/10010746289
higher post-unemployment wages but not faster matches, so aggregate matching functions are unaffected by scale. …Reduced-form tests of scale effects in markets with search, based on aggregate matching functions, may miss important … find scale effects in wage offers but not in offer arrival rates. We also find that reservation wages rise to deliver …
Persistent link: https://www.econbiz.de/10010746460
This paper presents a short overview of dynamic models of labor markets with transaction costs. It shows that these models have deeply renewed the understanding of job search, job flows, job creations and destructions, unemployment and wage formation. It argues that this renewal provides a very...
Persistent link: https://www.econbiz.de/10010355704
The Swedish adult education program known as the Knowledge Lift (1997-2002) was unprecedented in its size and scope, aiming to raise the skill level of large numbers of low-skill workers. This paper evaluates the potential effects of this program on aggregate labor market outcomes. This is done...
Persistent link: https://www.econbiz.de/10005085572
The Swedish adult education program known as the Knowledge Lift (1997--2002) was unprecedented in its size and scope, aiming to raise the skill level of large numbers of low-skill workers. This paper evaluates the potential effects of this program on aggregate labour market outcomes. This is...
Persistent link: https://www.econbiz.de/10005123553
on initial labour market outcomes including status, wages and employment stability, which persist over the subsequent ten …
Persistent link: https://www.econbiz.de/10009778459