Similar Search Results

Agarwal, Nikhil - National Bureau of Economic Research (NBER) - 2014

This paper develops a framework for estimating preferences in two-sided matching markets with non-transferable utility … with many-to-one matching. These methods allow me to investigate two issues concerning the centralized market for medical … increasing the number of residents training in rural areas while accounting for general equilibrium effects from the matching …

Persistent link: https://www.econbiz.de/10011103504

Matching and Price Competition

Levin, Jonathan; Bulow, Jeremy - National Bureau of Economic Research (NBER) - 2005

We develop a model in which firms set impersonal salary levels before matching with workers. Salaries fall relative to … and the recent antitrust case against the National Residency Matching Program in light of our results. …

Persistent link: https://www.econbiz.de/10005050240

The Efficiency of Real-World Bargaining: Evidence from Wholesale Used-Auto Auctions

Larsen, Bradley - National Bureau of Economic Research (NBER) - 2014

-auto auctions, an $80 billion industry where buyers and sellers participate in alternating-offer bargaining when the auction price … fails to reach a secret reserve price. Using 270,000 auction/bargaining sequences, this study nonparametrically estimates …

Persistent link: https://www.econbiz.de/10010951057

The Economics of Internet Markets

Levin, Jonathan - National Bureau of Economic Research (NBER) - 2011

-commerce, internet job matching and financial exchanges, and other internet platforms. I also discuss the empirical evidence on …

Persistent link: https://www.econbiz.de/10008855223

Optimal Employment Contracts with Hidden Search

Lentz, Rasmus - National Bureau of Economic Research (NBER) - 2014

In this paper I explore optimal employment contract design in a random search framework, where workers search on and off the job for employment opportunities similar to that of Lentz (2010) and Bagger and Lentz (2013). The worker determines the frequency by which employment opportunities arrive...

Persistent link: https://www.econbiz.de/10010796538

Searching for Better Prospects: Endogenizing Falling Job Tenure and Private Pension Coverage

Owyang, Michael T.; Friedberg, Leora; Sinclair, Tara M. - National Bureau of Economic Research (NBER) - 2005

Recent declines in job tenure have coincided with a shift away from traditional defined benefit (DB) pensions, which reward long tenure. Recent evidence also points to an increase in job-to-job movements by workers, and we document gains in relative wages of job-to-job movers over a similar...

Persistent link: https://www.econbiz.de/10005089057

The Consumption-Tightness Puzzle

Ravn, Morten - National Bureau of Economic Research (NBER) - 2006

This paper introduces a labor force participation choice into a labor market matching model embedded in a dynamic …

Persistent link: https://www.econbiz.de/10005084940

The Impact of Young Workers on the Aggregate Labor Market

Shimer, Robert - National Bureau of Economic Research (NBER) - 1999

This paper estimates the response of the unemployment rate and labor force participation rate to exogenous variation in the youth share of the working age population, using cross-state variation in lagged birth rates as an instrumental variable. A one percent increase in the youth share reduces...

Persistent link: https://www.econbiz.de/10005778614

Evaluating the Economic Significance of Downward Nominal Wage Rigidity

Elsby, Michael W. - National Bureau of Economic Research (NBER) - 2006

This paper formalizes and assesses empirically the implications of widely observed evidence for downward nominal wage rigidity (DNWR). It shows how a model of DNWR informed by diverse evidence for worker resistance to nominal wage cuts is nevertheless consistent with weak macroeconomic effects....

Persistent link: https://www.econbiz.de/10005714106

The Economics of Labor Adjustment: Mind the Gap

Cooper, Russell W.; Willis, Jonathan L. - National Bureau of Economic Research (NBER) - 2001

We study the inferences about labor adjustment costs obtained by the 'gap methodology' of Caballero and Engel [1993] and Caballero, Engel and Haltiwanger [1997]. In that approach, the policy function of a manufacturing plant is assumed to depend on the gap between a target and the current level...

Persistent link: https://www.econbiz.de/10005723027