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Carrillo-Tudela, Carlos; Kaas, Leo; Lochner, Benjamin - 2023

Firms and workers predominately match via job postings, networks of personal contacts or the public employment agency, all of which help to ameliorate labor market frictions. In this paper we investigate the extent to which these search channels have differential effects on labor market...

Persistent link: https://www.econbiz.de/10014438511

Identifying labor market power : a quasi-experimental approach

Fonseca, João Galindo da; Santarrosa, Rogerio - 2025

We test whether firms react to changes in the wages and size of their competitors. We use a unique institutional feature of public procurement auctions in Brazil: the moment in which the auction ends is random. For close auctions, winner and runner-up are as good as randomly assigned. We first...

Persistent link: https://www.econbiz.de/10015396075

Labour market institutions and amplification of employment fluctuations

Matsue, Toyoki - In: Central European economic journal 6 (2019) 53, pp. 164-173

Labour market reforms have been undertaken to eliminate labour market rigidities in European countries since 1970s. The important features of the reforms are the reduction in adjustment costs and the introduction of fixed-term contracts (FTC). Some empirical studies point out that employment...

Persistent link: https://www.econbiz.de/10012303137

Long live the vacancy

Häfke, Christian; Reiter, Michael - 2020

We reassess the role of vacancies in a Diamond-Mortensen-Pissarides style search and matching model. In the absence of free entry long lived vacancies and endogenous separations give rise to a vacancy depletion channel which we identify via joint unemployment and vacancy dynamics. We show...

Persistent link: https://www.econbiz.de/10012268078

Cointegration and structure in Norwegian wage-price dynamics

Gjelsvik, Marit; Nymoen, Ragnar; Sparrman, Victoria - In: Econometrics : open access journal 8 (2020) 3/29, pp. 1-15

Wage coordination plays an important role in macroeconomic stabilization. Pattern wage bargaining systems have been …

Persistent link: https://www.econbiz.de/10012265703

A job ladder model with stochastic employment opportunities

Bradley, Jake; Gottfries, Axel - In: Quantitative economics : QE ; journal of the … 12 (2021) 4, pp. 1399-1430

We set up a model with on-the-job search in which firms infrequently post vacancies for which workers occasionally apply. The model nests the standard job ladder and stock-flow models as special cases, while remaining analytically tractable and easy to estimate from standard panel data sets. The...

Persistent link: https://www.econbiz.de/10012795723

Social optimum, heterogeneous workers and firms in the labour market with on-the-job-search

Damdinsuren, Erdenebulgan - 2021

offers, whereas high productivity firms use Nash bargaining over wages. There are two important sources of inefficiency in … the model besides the well-known classical search externality. First, low-skilled workers do not have any bargaining power …

Persistent link: https://www.econbiz.de/10012698673

Bargaining and inequality in the labor market

Caldwell, Sydnee; Haegele, Ingrid; Heining, Jörg - 2025

importance of individual bargaining in wage determination. We show that simple survey questions accurately elicit firms …' bargaining strategies. Using the elicited strategies for 772 German firms, we document that the majority of firms are willing to … engage in individual wage bargaining. Labor market factors predict firms' strategies better than firm characteristics. Survey …

Persistent link: https://www.econbiz.de/10015211497

The relationship between artificial intelligence (AI) exposure and returns to education

Madoń, Karol - In: Central European economic journal 11 (2024) 58, pp. 461-474

This paper studies the relationship between exposure to artificial intelligence (AI) and workers' wages across European countries. Overall, a positive relationship between exposure to AI and workers' wages is found, however it differs considerably between workers and countries. High-skilled...

Persistent link: https://www.econbiz.de/10015415532

Informalidad laboral y brecha salarial entre trabajadores formales e informales en la Zona Central del Perú

Arroyo Yupanqui, Marco Antonio; Ccencho Pari, Germán; … - In: Revista de métodos cuantitativos para la economía y … 38 (2024), pp. 1-17

The objective of the study is to analyze the wage gaps between formal and informal workers in the Central Zone of Peru, since there is a high presence of informality in approximately more than 75.0 % of the economically active population, that is, three out of four people are informal in Peru in...

Persistent link: https://www.econbiz.de/10015332234