Similar Search Results

Earnings Losses and Labor Mobility Over the Lifecycle

Jung, Philip - 2012

Extensive literature demonstrates that workers with high tenure suffer large and persistent earnings losses when they are displaced. We study the reasons behind these losses in a tractable search model that includes a lifecycle dimension, endogenous job mobility, and worker- and...

Persistent link: https://www.econbiz.de/10013099734

Earnings Losses and Labor Mobility Over the Life-Cycle

Jung, Philip - 2012

An extensive empirical literature has documented that workers with high tenure suffer large and persistent earnings losses when they get displaced. We study the reasons behind these losses in a tractable search model with a life-cycle dimension, endogenous job mobility, worker - and match...

Persistent link: https://www.econbiz.de/10013103124

Labor Market Dynamics with Endogenous Labor Force Participation and On-the-Job Search

Tuzemen, Didem - 2013

, unemployment is acyclical and highly positively correlated with vacancies. Based on the evidence that job-to-job flows are large in …-to-job flows. The modi ed model successfully generates countercyclical unemployment and the Beveridge Curve relationship …

Persistent link: https://www.econbiz.de/10013088518

Getting Handcuffs on an Octopus : Minimum Wages, Employment, and Turnover

Gittings, R. Kaj - 2014

Theoretical work on minimum wage policy emphasizes labor market dynamics, but the resulting implications for worker mobility remain largely untested. We show that in the teenage labor market minimum wages reduce worker flows and increase job stability. Furthermore, we find that the employment...

Persistent link: https://www.econbiz.de/10013064356

On-the-Job Search and Finding a Good Job Through Social Contacts

Horvath, Gergely - 2013

decreases the unemployment rate. However, unemployed workers finding a job through social ties earn lower wages on average than … unemployment duration and wages for workers obtaining a job via social ties …

Persistent link: https://www.econbiz.de/10013071758

Value Added, Wages, and Labor Market Flows at the Establishment Level

Merkl, Christian - 2018

In this paper, we analyze the connection between value added, wages, and labor market flows at the establishment level. We develop a simple model to illustrate the expected comovement of these variables. For the empirical analysis, we link the new German Administrative Wage and Labor Market Flow...

Persistent link: https://www.econbiz.de/10012926732

On-the-Job Search and Labor Market Reallocation

Tasci, Murat - 2008

labor productivity in the U.S. show that standard deviations for unemployment, vacancies and market tightness (vacancy-unemployment … unemployment and vacancies over business cycle frequencies (i.e. it is consistent with the Beveridge curve) …

Persistent link: https://www.econbiz.de/10012723659

Descriptive Evidence on Labor Market Transitions and the Wage Structure in Germany

Fitzenberger, Bernd - 2008

Equilibrium search theory suggests that the wage distribution in a cross section of workers is closely related to labor … structure in Germany. Motivated by search theory, we use the data to explore descriptively labor market transitions and features … close relationship exists between wages and labor market transitions as predicted by search theory. However, the noticeable …

Persistent link: https://www.econbiz.de/10012727242

Earnings Losses and Labor Mobility Over the Life Cycle

Jung, Philip - 2017

Large and persistent earnings losses following displacement have adverse consequences for the individual worker and the macroeconomy. Leading models cannot explain their size and disagree on their sources. Two mean-reverting forces make earnings losses transitory in these models: search as an...

Persistent link: https://www.econbiz.de/10012951559

Declining Labor Turnover and Turbulence

Fujita, Shigeru - 2018

former type faces a risk of skill loss during unemployment. When the skill loss occurs, the worker is required to restart his …

Persistent link: https://www.econbiz.de/10012937068