We develop and estimate an equilibrium job search model of worker careers, allowing for human capital accumulation, employer heterogeneity and individual-level shocks. Monthly wage growth is decomposed into the contributions of human capital and job search, within and between jobs. Human capital...

Most applications of Nash bargaining over wages ignore between-employer competition for labor services and attribute all of the workers' rent to their bargaining power. In this paper, we write and estimate an equilibrium model with strategic wage bargaining and on-the-job search and use it to...

We construct and estimate an equilibrium search model with on–the–job–search. Firms make take–it–or–leave–it wage offers to workers conditional on their characteristics and they can respond to the outside job offers received by their employees. Unobserved worker productive...

We consider an equilibrium search model with on-the-job search where Þrms set wages. If employers are perfectly aware of all workers job opportunities, then when an employee receives an outside job offer, it is optimal for their employer to try to retain them by matching the offer, so long as...

YannAlgan, Pierre Cahuc, Bruno Decreuse, François Fontaine, Solenne Tanguy Epargne de précaution, réseaux sociaux et assurance chômage publique. Cet article analyse les conséquences des systèmes publics d'assurance chômage lorsque les ménages peuvent disposer de méthodes alternatives...

Nous proposons ici une réflexion prospective sur l’efficacité du Contrat Unique d’Insertion (CUI) lorsque sont pris en compte les effets sur l’équilibre du marché du travail. La majeure partie des évaluations existant pour d’autres contrats aidés omettent cet aspect alors qu’il...

A constructive proof of identification of multilinear decompositions of multiway arrays is presented. It can be applied to show identification in a variety of multivariate latent structures. Examples are finite-mixture models and hidden Markov models. The key step to show identification is the...

In this paper, we document whether and how much the equalizing force of earnings mobility has changed in France in the 1990’s. For this purpose, we use a representative three-year panel, the French Labour Force Survey. We develop a model of earnings dynamics that combines a flexible...

In this paper,we construct a nonparametric estimator of the distributions of latent factors in linear independent multi-factor models under the assumption that factor loadings are known. Our approach allows to estimate the distributions of up to L(L+1)/2 factors given L measurements. The...

This paper develops a new concept of separability with overlapping groups—latent separability. This is shown to provide a useful empirical and theoretical framework for investigating the grouping of goods and prices. It is a generalization of weak separability in which goods are allowed to...