Similar Search Results

Petrongolo, Barbara; Pissarides, Christopher A. - 2003

Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may miss important scale effects at the micro level, because of the reactions of job searchers. A semi-structural model is developed and estimated on a British sample, testing for...

Persistent link: https://www.econbiz.de/10010276187

Scale Effects in Markets with Search

Petrongolo, Barbara; Pissarides, Christoper A. - Institute for the Study of Labor (IZA) - 2003

Persistent link: https://www.econbiz.de/10005761782

It's about time: Implications of the period length in an equilibrium job search model

Wolthoff, Ronald P. - 2011

This paper analyzes the role of the period length in a search model of the labor market and argues that it has profound implications for the market equilibrium. In the model, job offers and job destruction shocks arrive according to a Poisson process in continuous time, but institutional factors...

Persistent link: https://www.econbiz.de/10010280657

Multiple Equilibria and Minimum Wages in Labor Markets with Informational Frictions and Heterogeneous Production Technologies

van den Berg, Gerard J. - 2003

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 analyze 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/10010261543

Unemployment insurance, job search and informal employment

Margolis, David N.; Navarro, Lucas; Robalino, David A. - 2012

This paper analyses the potential impacts of introducing unemployment insurance (UI) in middle income countries using … unemployment and three employment sectors: formal and informal wage employment, and self employment. The parameters of the model … informal, formal and self employed workers. The results suggest that unemployment insurance would have only a modest negative …

Persistent link: https://www.econbiz.de/10010283972

Empirical Labor Search: A Survey

Eckstein, Zvi; van den Berg, Gerard J. - 2003

This paper surveys the existing empirical research that uses search theory to empirically analyze labor supply questions in a structural framework, using data on individual labor market transitions and durations, wages, and individual characteristics. The starting points of the literature are...

Persistent link: https://www.econbiz.de/10010273738

Unemployment, Education and Earnings Growth

Brunello, Giorgio - 2001

I use the European Community Household Panel to ask whether unemployment affects the relationship between education and … from the experience of unemployment. This result partially compensates the fact that more education reduces the incidence … of unemployment: unemployment is less likely among the better educated, but its occurrence has more sizeable effects on …

Persistent link: https://www.econbiz.de/10010262517

Search Intensity, Cost of Living and Local Labor Markets in Britain

Patacchini, Eleonora; Zenou, Yves - 2003

A model is considered in which optimal search intensity is a result of a tradeoff between short-run losses due to higher search costs (more interviews, commuting?) and long-run gains due to a higher chance of finding a job. We show that this optimal search intensity is higher in areas...

Persistent link: https://www.econbiz.de/10010262762

Car ownership and the labor market of ethnic minorities

Gautier, Pieter A.; Zenou, Yves - 2008

equilibrium, blacks end up with both higher unemployment rates and lower wages than whites. Furthermore, it takes more time for …

Persistent link: https://www.econbiz.de/10010269288

Firm Heterogeneity in Capital/Labor Ratios and Wage Inequality

Leonardi, Marco - 2003

This paper provides some empirical evidence and a theory of the relationship between residual wage inequality and the increasing dispersion of capital/labor ratios across firms. I document the increasing variance of capital/labor ratios across firms in the US labor market. I also show that the...

Persistent link: https://www.econbiz.de/10010261620