Recent research shows that observed labor market flows can be explained in search and matching models only by assuming either implausibly large productivity shocks (Hall 2003) or an excessively high degree of real wage rigidity even for new hires (Shimer 2003). If this is not the case, the...

This paper seeks to shed light on how manufacturing job flows and productivity in Argentina were affected during the 1990s by economic reforms in general and particularly by: a) financial shocks, b) labor reforms that change non-wage labor costs, c) trade reforms that alter tariff dispersion, d)...

This paper uses sequence methods and cluster analysis to create a typology of career paths for a cohort of British 29 year olds born in 1970. There are clear ‘types’ identified by these techniques including several paths dominated by various forms of non-employment. These types are...

The objective of this paper is to evaluate the effect of the 1985 “Employment Services for Ex-Offenders†(ESEO) program on recidivism. Initially, the sample has been split randomly in a control group and a treatment group. However, the actual treatment (mainly being job related...

Most immigrant groups experience higher rates of unemployment than the host countries native population, but it is as yet unclear whether differences in job search behaviour, or its success, can help explain this gap. In this paper, we investigate how the job search methods of unemployed...

The age at first marriage for women has increased in Japan over the past decade. Previous studies show both rising female labor force participation and education levels attribute to the delay in marriage for women, but only for a small fraction. Applying search theory indicates that the utility...

We use a novel data set and identification strategy to empirically detect the presence and magnitude of local social interactions effects in the labor market. We argue that the use of informal referrals has implications for the spatial distribution of residential and work locations, that can...

During the past decade, many researchers have examined the theoretical predictions of labor search models with endogenous job search intensity. For a risk adverse individual, search intensity depends on variables such as individual wealth and the level of unemployment benefits. Since wealth and...

The goal of this paper is to determine the effects of different social security regimes on job search. A less generous pension system induces higher savings across the life cycle and makes agents wealthier and thus more reluctant to accept low wage offers. On the other hand, as the social...

This paper investigates the interaction between education decisions by workers and investment decisions by firms in a random matching model with endogenous heterogeneity. I analyze the efficiency properties of the equilibrium and find that in the presence of search frictions and investment costs...