Similar Search Results

Strategic Wage Setting and Coordination Frictions with Multiple Applications

Gautier, Pieter; Moraga-González, José Luis - 2021

We examine wage competition in a model where identical workers choose the number of jobs to apply for and identical firms simultaneously post a wage. The Nash equilibrium of this game exhibits the following properties: (i) an equilibrium where workers apply for just one job exhibits unemployment...

Persistent link: https://www.econbiz.de/10013319241

Incomplete Wage Posting

Michelacci, Claudio; Suárez, Javier - 2003

We consider a competitive search model where firms with vacancies choose between posting a wage ex ante and bargaining …

Persistent link: https://www.econbiz.de/10014106878

Individual vs. collective bargaining in the large firm search model

Bauer, Christian; Lingens, Jörg - 2010

We analyze the welfare and employment effects of different wage bargaining regimes. Within the large firm search model …

Persistent link: https://www.econbiz.de/10003951899

Job search and the age-inequality profile : conference paper

Marotzke, Petra - 2013

the driving forces of the U-shape in a model with search frictions. I introduce endogenous search effort and a fixed … retirement, match heterogeneity, and the worker's bargaining power. Because the working life is finite, the optimal search effort …

Persistent link: https://www.econbiz.de/10010338396

Wage flexibility under sectoral bargaining

Card, David E.; Cardoso, Ana Rute - 2021

Sectoral contracts in many European countries set wage floors for different occupation groups. In addition, employers often pay a wage premium (or wage cushion) to individual workers. We use administrative data from Portugal, linked to collective bargaining agreements, to study the interactions...

Persistent link: https://www.econbiz.de/10012509681

Fixed or Flexible? : Wage Setting in Search Equilibrium

Ellingsen, Tore; Rosén, Åsa - 2009

wage policy in a search model with heterogeneous workers. In particular, we characterize the circumstances under which …

Persistent link: https://www.econbiz.de/10014068285

On the efficiency of wage-setting mechanisms with search frictions and human capital investment

Dai, Darong; Tian, Guoqiang - In: Annals of economics and finance 21 (2020) 1, pp. 1-40

Persistent link: https://www.econbiz.de/10012644039

Selection upon wage posting

Sticher, Silvio - 2013

We discuss a model of a job market where firms announce salaries. Thereupon, they decide through the evaluation of a productivity test whether to hire applicants. Candidates for a job are locked in once they have applied at a given employer. Hence, such a market exhibits a specific form of the...

Persistent link: https://www.econbiz.de/10010227320

Social optimum, heterogeneous workers and firms in the labour market with on-the-job-search

Damdinsuren, Erdenebulgan - 2021

This paper develops a search model with heterogeneous workers, firms, and on-the-job search. Employed low … the model besides the well-known classical search externality. First, low-skilled workers do not have any bargaining power …

Persistent link: https://www.econbiz.de/10012698673

Commitment and Wage Bargaining in Job Matching Models with Costly Search

Abbring, Jaap H. - 1999

search-matching models of the labor market. This 'intertemporal surplus sharing' (ISS) solution is usually defended as the … argue that such extreme assumptions on the risk of breakdown during disagreement are unattractive in the context of a search …-matching model. We then show that ISS arises for arbitrary breakdown rates if agents can precommit to search during disagreement …

Persistent link: https://www.econbiz.de/10014196965