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Do Good Workers Hurt Bad Workers - or is it the Other Way Around?

Moen, Espen R - C.E.P.R. Discussion Papers - 2002

In this article, I study the effect of worker heterogeneities on wages and unemployment within the context of a directed search model. A worker's productivity in a given firm depends both on their type and on a worker-firm specific component. Firms advertise unconditional wage offers, and hire...

Persistent link: https://www.econbiz.de/10005667080

Reference Dependence and Labor-Market Fluctuations

Eliaz, Kfir; Spiegler, Ran - C.E.P.R. Discussion Papers - 2012

We incorporate reference-dependent preferences into a search-and-matching model of the labor market, in which firms have all the bargaining power and productivity follows an AR(1) process. Motivated by Akerlof (1982) and Bewley (1999), we assume that existing workers are willing to exert unobserved,

Persistent link: https://www.econbiz.de/10011083374

Moving House

Ngai, Liwa Rachel; Sheedy, Kevin D. - C.E.P.R. Discussion Papers - 2015

Using data on house sales and inventories of unsold houses, this paper shows that changes in sales volume are largely explained by changes in the frequency at which houses are put up for sale rather than changes in the length of time taken to sell them. Thus the decision to move house is key to...

Persistent link: https://www.econbiz.de/10011145462

A Theory of Wages and Labour Demand with Intra-firm Bargaining and Matching Frictions

Cahuc, Pierre; Marque, François; Wasmer, Etienne - C.E.P.R. Discussion Papers - 2004

Firms are the field of several strategic interactions that standard neo-classical analysis often ignores. Such strategic considerations concern relations between capital owner and labour, relations between marginal employees and incumbents and more generally all relations between different...

Persistent link: https://www.econbiz.de/10005123941

Taxes, Subsidies and Equilibrium Labour Market Outcomes

Mortensen, Dale T; Pissarides, Christopher - C.E.P.R. Discussion Papers - 2001

We explore the effects of taxes and subsidies on job creation, job destruction, employment and wages in the Mortensen-Pissarides version of the search and matching equilibrium framework. Qualitative analytical results show that wage and employment subsidies increase employment, especially of low...

Persistent link: https://www.econbiz.de/10005136754

Labor Supply with Job Assignment under Balanced Growth

Michelacci, Claudio; Pijoan-Mas, Josep - C.E.P.R. Discussion Papers - 2013

, labor force participation of male workers of different skills has fallen while their working hours have increased. …

Persistent link: https://www.econbiz.de/10011083956

Active Labour Market Policy Effects for Women in Europe - A Survey

Bergemann, Annette; den Berg, Gerard J van - C.E.P.R. Discussion Papers - 2007

studies. We relate the results to the relevant level of female labour force participation. …

Persistent link: https://www.econbiz.de/10005662001

Education, Matching and the Allocative Value of Romance

Booth, Alison L; Coles, Melvyn G - C.E.P.R. Discussion Papers - 2005

educational investments and labour force participation based on matching regimes. …

Persistent link: https://www.econbiz.de/10005666457

Inequality And Group Participation: Theory And Evidence From Rural Tanzania

La Ferrara, Eliana - C.E.P.R. Discussion Papers - 2000

inequality leads to more or less group participation. Using survey data from rural Tanzania we find that inequality at the … 'subjectively' defined. However, when we disaggregate groups by type of access rule, we find that inequality decreases participation … in open access groups when there are wide disparities at the bottom of the distribution, while it increases participation …

Persistent link: https://www.econbiz.de/10005667030

On Gender Gaps and Self-fulfilling Expectations: Theory, Policies and Some Empirical Evidence

de la Rica, Sara; Dolado, Juan J.; García-Peñalosa, … - C.E.P.R. Discussion Papers - 2008

in wages and participation rates. Rather than resorting to moral hazard problems related to unobservable effort, like in … exacerbate lower female participation in the labour market. Hence, both effects lead to a gendered equilibrium with large gaps …

Persistent link: https://www.econbiz.de/10005791584