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Frictional wage dispersion with Bertrand competition: an assessment
Papp, Tamas - In: Review of Economic Dynamics 16 (2013) 3, pp. 540-552
I examine whether a version of the Cahuc et al. (2006) model can match the magnitude of wage dispersion, as measured by the ratio of the average and the lowest wage - the so-called mean-min ratio of Hornstein et al. (2011). I find that the workers' bargaining power is a crucial parameter: the...
Persistent link: https://www.econbiz.de/10010662808
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Structural Estimation of Search Intensity: Do Non-Employed Workers Search Enough?
Gautier, Pieter A.; Moraga-Gonzalez, Jose Luis; … - Tinbergen Instituut - 2007
We present a structural framework for the evaluation of public policies intended to increase job search intensity. Most … of the literature defines search intensity as a scalar that influences the arrival rate of job offers; here we treat it … as the number of job applications that workers send out. The wage distribution and job search intensities are …
Persistent link: https://www.econbiz.de/10011256974
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Search Costs and Efficiency: Do Unemployed Workers Search Enough?
Gautier, Pieter; Moraga-Gonzalez, Jose L; Wolthoff, Ronald - University of Toronto, Department of Economics - 2015
Many labor market policies affect the marginal benefits and costs of job search. The impact and desirability of such … policies depend on the distribution of search costs. In this paper, we provide an equilibrium framework for identifying the … distribution of search costs and we apply it to the Dutch labor market. In our model, the wage distribution, job search intensities …
Persistent link: https://www.econbiz.de/10011118279
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Structural Estimation of Search Intensity: Do Non-Employed Workers Search Enough?
Wolthoff, Ronald; Gautier, Pieter A.; Moraga-González, … - Institute for the Study of Labor (IZA) - 2007
We present a structural framework for the evaluation of public policies intended to increase job search intensity. Most … of the literature defines search intensity as a scalar that influences the arrival rate of job offers; here we treat it … as the number of job applications that workers send out. The wage distribution and job search intensities are …
Persistent link: https://www.econbiz.de/10005763742
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Bidding for Labor
Julien, Benoit; Kennes, John; King, Ian - In: Review of Economic Dynamics 3 (2000) 4, pp. 619-649
We present a competing-auction theory of the labor market, where job candidates auction their labor services to employers. An equilibrium matching function emerges which has many of the features commonly assumed, including constant returns to scale in large economies. The auction mechanism also...
Persistent link: https://www.econbiz.de/10005085581
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Structural Estimation of Search Intensity: Do Non-Employed Workers Search Enough?
Gautier, Pieter A; Moraga-González, José-Luis; … - C.E.P.R. Discussion Papers - 2007
We present a structural framework for the evaluation of public policies intended to increase job search intensity. Most … of the literature defines search intensity as a scalar that influences the arrival rate of job offers; here we treat it … as the number of job applications that workers send out. The wage distribution and job search intensities are …
Persistent link: https://www.econbiz.de/10005123595
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'Residual' Wage Disparity in Directed Search Equilibrium
Kennes, John; King, Ian Paul; Julien, Benoit - EconWPA - 2002
of coordination among employers. To do this, we construct a directed search model with homogenous workers but where firms … equilibrium is also constrained- efficient \226 in stark contrast to undirected search models with technology dispersion. We then …
Persistent link: https://www.econbiz.de/10005126186
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Structural Estimation of Search Intensity: Do Non-Employed Workers Search Enough?
Gautier, Pieter A.; Moraga-González, José Luis; … - Tinbergen Institute - 2007
We present a structural framework for the evaluation of public policies intended to increase job search intensity. Most … of the literature defines search intensity as a scalar that influences the arrival rate of job offers; here we treat it … as the number of job applications that workers send out. The wage distribution and job search intensities are …
Persistent link: https://www.econbiz.de/10005144494
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Endogenous On-the-job Search and Frictional Wage Dispersion
Hertweck, Matthias S. - Wirtschaftswissenschaftliches Zentrum, Universität Basel - 2010
on-the-job search cannot replicate this pattern. With on-the-job search, however, unemployed job searchers are more will …-the-job search in a stochastic job matching model. Our key result is that the inclusion of variable on-the-job search increases the …
Persistent link: https://www.econbiz.de/10009025003
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It's About Time: Implications of the Period Length in an Equilibrium Search Model
Wolthoff, Ronald - University of Toronto, Department of Economics - 2013
each workweek or each month. Motivated by this observation, I present an equilibrium search model in which the period …
Persistent link: https://www.econbiz.de/10010674221