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education shows positive effects for the unemployed with respect to both the employment probability and wages. To explain the …
Persistent link: https://www.econbiz.de/10010251042
The Swedish adult education program known as the Knowledge Lift (1997-2002) was unprecedented in its size and scope, aiming to raise the skill level of large numbers of lowskill workers. This paper evaluates the potential effects of this program on aggregate labor market outcomes. This is done...
Persistent link: https://www.econbiz.de/10005822408
of a minimum wage affects wages even though, after imposition, the lowest wage in the market exceeds the minimum wage …, and subsequent abolition of the minimum wage does not affect wages. The model has multiple equilibria as a result of the …
Persistent link: https://www.econbiz.de/10011256618
In most studies on individual labor market transitions, the search process leading to job offers is a black box. In this paper we specify and estimate a search model that distinguishes between formal (applications) and informal (referrals) search methods. Job offers can be obtained by either...
Persistent link: https://www.econbiz.de/10010822561
able to explain the observed distributions of wages, productivities and firm sizes across firms, as well as the extent to …
Persistent link: https://www.econbiz.de/10010822644
hypothesis. In addition, we examine to what extent workers with more years of schooling earn higher wages than their less … surplus schooling earn somewhat lower wages at this job level. For the other job complexity levels we find no evidence for …
Persistent link: https://www.econbiz.de/10010782442
of a minimum wage affects wages even though, after imposition, the lowest wage in the market exceeds the minimum wage …, and subsequent abolition of the minimum wage does not affect wages. The model has multiple equilibria as a result of the …
Persistent link: https://www.econbiz.de/10010782571
We analyze the impact of unemployment benefits and minimum wages using an equilibrium search model which allows for … estimation method uses readily available aggregate data on marginal distributions of unemployment durations as well as wages and …
Persistent link: https://www.econbiz.de/10010783168
to wage floors. Wage floors exist because of high unemployment benefits or binding minimum wages. The productivity …
Persistent link: https://www.econbiz.de/10010783288
In this paper we present and estimate a synthesis of previous equilibrium search models: allowing for continuous distributions of workers opportunity costs of employment, as well as firms’ productivities. The model allows for on-the-job search, and we assume that job offer arrival rates for...
Persistent link: https://www.econbiz.de/10010783472