Showing 1 - 6 of 6
We estimate a structural model of job assignment in the presence of coordination frictions due to Shimer (2005). The coordination friction model places restrictions on the joint distribution of worker and firm effects from a linear decomposition of log labor earnings. These restrictions permit...
Persistent link: https://www.econbiz.de/10008627128
characterize the distribution of worker and employer wage heterogeneity across sectors. Our empirical method is general and can be … and employer components of wage heterogeneity are weakly correlated. …
Persistent link: https://www.econbiz.de/10010951088
We use longitudinal individual wage and employment data for young people in France and the United States to investigate … the effect of intertemporal changes in an individual's status vis-…-vis the real minimum wage on employment transition … employment effects in general, and very strong effects on workers employed at the minimum wage. In the French case, albeit …
Persistent link: https://www.econbiz.de/10005777685
most important source of wage variation in France. Firm-effects, while important, are not as important as person …-effects. At the level of firms, we find that enterprises that hire high-wage workers are more productive but not more profitable … intensive. We also find that person-effects explain 92% of inter-industry wage differentials. …
Persistent link: https://www.econbiz.de/10005778008
part that reflects their external opportunity wage and a part that reflects their internal wage rate. Using these … components of compensation we investigate the extent to which firm-size wage differentials and inter-industry wage differentials … are due to variability in the external wage (person effects) versus variability in the internal wage (firm effects). For …
Persistent link: https://www.econbiz.de/10005085219
We use longitudinal individual wage and employment data in France and the United States to investigate the effect of … changes in the real minimum wage on an individual's employment status. We find that movements in both French and American real … minimum wage. In the French case, a 1% increase in the real minimum wage decreases the future employment probability of a man …
Persistent link: https://www.econbiz.de/10005719954