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Unobservable, but unimportant? : the influence of personality traits (and other usually unobserved variables) for the evaluation of labor market policies

Caliendo, Marco; Mahlstedt, Robert; Mitnik, Oscar A. - 2014

Many commonly used treatment effects estimators rely on the unconfoundedness assumption ("selection on observables") which is fundamentally non-testable. When evaluating the effects of labor market policies, researchers need to observe variables that affect both treatment participation and labor...

Persistent link: https://www.econbiz.de/10010386595

A Kaldor matching model of real wage declines

Sattinger, Michael - 2001

production determined by a matching process between workers and jobs. Macroeconomic equilibrium (national savings equal to …

Persistent link: https://www.econbiz.de/10011403982

Labor market flows and equilibrium search unemployment

Garibaldi, Pietro; Wasmer, Etienne - 2001

labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching … labor force and rises the share of attached workers. Finally, our theory suggests that contrary to two-state models …

Persistent link: https://www.econbiz.de/10011405565

Mismatch of talent : evidence on match quality, entry wages, and job mobility

Fredriksson, Peter; Hensvik, Lena; Nordström Skans, Oskar - 2015

We examine the direct impact of idiosyncratic match quality on entry wages and job mobility using unique data on worker talents matched to job-indicators and individual wages. Tenured workers are clustered in jobs with high job-specific returns to their types of talents. We therefore measure...

Persistent link: https://www.econbiz.de/10011408194

Interpreting Europe and US labor markets differences : the specificity of human capital investments

Wasmer, Etienne - 2002

This paper suggests that in the US context, workers tend to invest in general human capital especially since they face little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration of jobs) favors specific human capital investments....

Persistent link: https://www.econbiz.de/10011412475

A simple method to estimate large fixed effects models applied to wage determinants and matching

Mittag, Nikolas - 2016

Models with high dimensional sets of fixed effects are frequently used to examine, among others, linked employer-employee data, student outcomes and migration. Estimating these models is computationally difficult, so simplifying assumptions that are likely to cause bias are often invoked to make...

Persistent link: https://www.econbiz.de/10011595866

Occupational choice and matching in the labor market

Mak, Eric; Siow, Aloysius - 2017

Integrating Roy with Becker, this paper studies occupational choice and matching in the labor market. Our model …

Persistent link: https://www.econbiz.de/10011613424

A note on the estimation of job amenities and labor productivity

Dupuy, Arnaud; Galichon, Alfred - 2017

matching market based on the observation of equilibrium matches and wages. The estimation procedure simultaneously fits both … the matching patterns and the wage curve. Our estimator is suited for applications to a wide range of assignment problems. …

Persistent link: https://www.econbiz.de/10011704355

Trends in earnings inequality and earnings instability among US couples : how important is assortative matching?

Hryshko, Dmytro; Juhn, Chinhui; McCue, Kristin - 2014

We examine changes in inequality and instability of the combined earnings of married couples over the 1980-2009 period using two U.S. panel data sets: Social Security earnings data matched to Survey of Income and Program Participation panels (SIPP-SSA) and the Panel Study of Income Dynamics....

Persistent link: https://www.econbiz.de/10010460789

Commitments and the marital match: the effect of alimony reform on assortative matching

Fernández-Kranz, Daniel; Roff, Jennifer - 2021

This paper examines the effects of reforms that reduced alimony on matching in the marriage market. Recent literature … assortative matching, as women forgo specialization which may not be compensated upon divorce. Using state-level data on alimony …-based measures of assortative matching increase similarly. Moreover, we find the largest effects among those groups who might be more …

Persistent link: https://www.econbiz.de/10012703134