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. Our estimation results show that a 1 percent point decrease in unemployment rate increases wage offers with 3 percent …
Persistent link: https://www.econbiz.de/10011335207
where workers apply for just one job exhibits unemployment and absence of wage dispersion; (ii) an equilibrium where workers … apply for two or for more (but not for all) jobs always exhibits wage dispersion and, typically, unemployment; (iii) the … equilibrium wage distribution with a higher vacancy-to-unemployment ratio first-order stochastically dominates the wage …
Persistent link: https://www.econbiz.de/10011335208
In this paper we analyse the commuting distribution from a job search perspective.We have examined under which conditions the commuting distribution is unimodal which isone of the stylised facts of commuting. It appears that a necessary condition is that space istwo-dimensional. Furthermore, one...
Persistent link: https://www.econbiz.de/10011335221
We develop a model of an economy with several regions, which differ in scale. Within each region, workers have to search for a job-type that matches their skill. They face a trade-off between match quality and the cost of extended search. This trade-off differs between regions, because search is...
Persistent link: https://www.econbiz.de/10011326951
To increase their transition from welfare to work, benefit recipients in the municipality of Rotterdam were exposed to various financial incentives, including both carrots to sticks. Once their benefit spell exceeded one year, welfare recipients were entitled to a reemployment bonus if they...
Persistent link: https://www.econbiz.de/10011380926
Persistent link: https://www.econbiz.de/10009723026
We investigate an equilibrium search model in which the search frictions are increasing with the distance to the central business district allowing for on-the-job search and endogenous (monopsony) wage formation and land allocation. We find that there are many different possible outcomes with...
Persistent link: https://www.econbiz.de/10010477106
We propose a simple method for eliciting individual time preferences without estimating utility functions even in settings where background consumption changes over time. It relies on lottery tickets with high rewards. In a standard intertemporal choice model high rewards decouple lottery...
Persistent link: https://www.econbiz.de/10012427701
In this paper we study the allocation of workers over high and low productivity firms in a labor market with coordination frictions. Specifically, we consider a search model where workers can apply to high and or low productivity firms. Firms that compete for the same candidate can increase...
Persistent link: https://www.econbiz.de/10011348699
otherwise identical workers result in wage inequality and differences in unemployment rates. The paper is related to theoretical … wage on average and face a lower unemployment rate. Numerical computations for the specific case in which connections …
Persistent link: https://www.econbiz.de/10011348716