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signals that is concave, a feature that earlier studies used to dismiss educational signaling. Using a synthetic panel data … signaling framework theoretically and empirically. …
Persistent link: https://www.econbiz.de/10005566366
learning indicates a low value of job market signaling. The claim is first discussed intuitively in light of Spence’s original … value of job market signaling. …
Persistent link: https://www.econbiz.de/10005566362
This paper surveys the existing empirical research that uses search theory to empirically analyze labor supply questions in a structural framework, using data on individual labor market transitions and durations, wages, and individual characteristics. The starting points of the literature are...
Persistent link: https://www.econbiz.de/10005762359
Catalonia’s economy is characterized by linguistic diversity and provides a unique opportunity to measure the incidence of language proficiency on over-education, particularly, whether individuals with deficient language skills tend to acquire more formal skills or, on the contrary, become...
Persistent link: https://www.econbiz.de/10005762408
of unemployed workers: the socially optimal number of unemployed workers depends both of matching externalities and on … (which corresponds to the standard matching model) and a mixed of non-spatial and spatial elements, the first element …
Persistent link: https://www.econbiz.de/10005761917
elements such as commuting costs and land prices and on labour elements such as wages and the matching technology. In the …
Persistent link: https://www.econbiz.de/10005762294
The labor search and matching model plays a growing role in macroeconomic analysis. This paper provides a critical …
Persistent link: https://www.econbiz.de/10005822179
We present a Search and Matching model with heterogeneous workers (entrants and incumbents) that replicates the …
Persistent link: https://www.econbiz.de/10005761648
We analyze a model of directed search in which unemployed job seekers observe all posted wages. We allow for the possibility of multiple applications by workers and ex post competition among vacancies. For any number of applications, there is a unique symmetric equilibrium in which vacancies...
Persistent link: https://www.econbiz.de/10005761830
This paper deals with empirical matching functions. The paper is innovative in several ways. First, unlike in most of … the existing literature, matching functions are estimated not only on aggregate, but also on disaggregate levels which is … mismatch and labor market tightness, and therefore provides valuable information necessary for the conduct of labor market …
Persistent link: https://www.econbiz.de/10005762399