The paper examines the flow of workers between employment states, the role of education in these transitions and the impact of the transitions on earnings. It uses panel data for three waves (2005/06, 2009/10 and 2010/11) of household surveys in Uganda. We estimate transition probability...

This paper uses annual aggregate data for 36 low or middle income countries covering the period 1995-2001 to test the responsiveness of investment to the sources of finance under (un)favourable regimes for investment. Two sources of private investment finance are considered: private investment...

In the empirical literature on assortative matching using linked employer-employee data, unobserved worker quality appears to be "negatively" correlated with unobserved firm quality. We show that this can be caused by standard estimation error. We develop formulae that show that the estimated...

Limited Mobility Bias explains why positive assortative matching is not observed in the empirical literature. Using German social security records, we estimate the correlation between worker and firm contributions to wage equations and find that it is unambiguously positive.

This paper provides the first estimates of the determinants of the duration of employer search in the UK. We model duration until a vacancy is either successfully filled or withdrawn from the market. The econometric techniques deal with multiple vacancies and unobserved heterogeneity (dependent...