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Learning by exporting refers to the mechanism whereby firms improve their performance (productivity) after entering … from a large internal inconsistency: they rely on an exogenous evolving productivity process. I show how recent proxy … estimators can accommodate endogenous productivity processes such as learning by exporting. I rely on my framework to discuss the …
Persistent link: https://www.econbiz.de/10008784762
productivity and efficiency via its impact on sorting and matching in the labor market. Some of the most recent contributions also …
Persistent link: https://www.econbiz.de/10011083458
diminishing returns to the number of workers. We examine the sorting of factors to sectors and the matching of factors within …
Persistent link: https://www.econbiz.de/10011084509
This paper develops a matching model of the labour market under wage rigidity when hiring decisions are irreversible … increase in the productivity and/or the supply of skilled relative to unskilled workers. These effects are stronger when hiring …
Persistent link: https://www.econbiz.de/10005666594
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this Paper we analyse a model with search frictions and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after imposition, the...
Persistent link: https://www.econbiz.de/10005666625
Economic decisions such as occupational and entrepreneurial choices may violate true comparative advantage when economic agents are uncertain about which activity best matches their talents. If relative performance varies over the business cycle (for instance, if downturns affect...
Persistent link: https://www.econbiz.de/10005504434
Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may …
Persistent link: https://www.econbiz.de/10005504450
. We sketch the theoretical framework of matching estimators as a substitute for randomization in labor market programs …-in-differences matching estimator of treatment effects. Treatment and control groups are matched over individual observable characteristics …
Persistent link: https://www.econbiz.de/10005504530
underlying theory is the search and matching model, with workers and firms engaging in costly search leading to random matching … from it, generated by matching. …
Persistent link: https://www.econbiz.de/10005504624
This Paper proposes and develops a dynamic matching model à la Mortensen and Pissarides (1994, 1999a, 1999b) where … in the productivity of existing jobs, the Paper sheds light on: i) the impact of labour market policy on the economy …
Persistent link: https://www.econbiz.de/10005504777