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Labor economists are devoting increasing attention to employer search. The existing literature falls into two categories: research on information networks and research on search effort. The empirical research on search effort considers the determinants of effort but does not attempt to measure...
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Human capital theory predicts that training should reduce starting wages, yet this relationship remains empirically undocumented. Estimation of how training affects wages must control heterogeneity bias. I do this by estimating first-difference starting wage regressions on a sample of workers...
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We estimate the effect of minimum wages on employment duration using event history data from the 1988–1994 rounds of the National Longitudinal Survey of Youth. Existing literature takes two alternative tracks: Some studies predict reduced turnover due to rents created by minimum wages, others...
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