Showing 1 - 10 of 1,141
workers are employed in more productive industries. The evidence confirms assortative matching can be present even when worker …
Persistent link: https://www.econbiz.de/10012458196
between worker skill and firm productivity is 0.12. The assortative matching has a substantial impact on wage dispersion. We … differ in their permanent skill level and firms differ with respect to productivity. Positive (negative) sorting results if …-employee data. We find evidence of positive assortative matching. In the estimated equilibrium match distribution, the correlation …
Persistent link: https://www.econbiz.de/10012458633
for any permanent differences in productivity across workers, firms, and job matches. We also compare OLS and instrumental …
Persistent link: https://www.econbiz.de/10012462464
matching function. Wages are determined through Nash bargaining. We also consider aggregate productivity shocks, and a complete … demonstrate that productivity changes in the model---in steady state as well as stochastic ones---generate rather limited …
Persistent link: https://www.econbiz.de/10012463369
Consistent with two models of imperfect competition in the labor market, the efficient bargaining model and the monopsony model, we provide two extensions of a microeconomic version of Hall's framework for estimating price-cost margins. We show that both product and labor market imperfections...
Persistent link: https://www.econbiz.de/10012464671
Economists' productivity, as measured by publication in leading journals, declines very sharply with age. Additional … of optimal investment in human capital and especially with occupational matching models …
Persistent link: https://www.econbiz.de/10012474001
manager. We exploit the high degree of worker mobility across lines, together with worker-level productivity data, to estimate … the sorting of workers to managers. We find negative assortative matching (NAM) -that is, better managers tend to match … that if the firm were to positively sort, productivity would increase by 1 to 4 percent across the six factories in our …
Persistent link: https://www.econbiz.de/10012481963
We propose a new sorting framework: composite sorting. Composite sorting comprises of (1) distinct worker types assigned to the same occupation, and (2) a given worker type simultaneously being part of both positive and negative sorting. Composite sorting arises when fixed investments mitigate...
Persistent link: https://www.econbiz.de/10014372413
Positive assortative matching refers to the tendency of individuals with similar characteristics to form partnerships …. Measuring the extent to which assortative matching differs between two economies is challenging when the marginal distributions …
Persistent link: https://www.econbiz.de/10015194999
and ii) there is assortative matching between a worker's productivity and that of her employer. Selective job acceptance … of similar productivity. The high surplus meetings result in matches more frequently, generating assortative matching …We develop a random search model with two-sided heterogeneity and match-specific productivity shocks to explain why …
Persistent link: https://www.econbiz.de/10015145135