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Interpreting Europe and US Labor Markets Differences: The Specificity of Human Capital Investments
Wasmer, Etienne - 2002
This paper suggests that in the US context, workers tend to invest in general human capital especially since they face little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration of jobs) favors specific human capital investments....
Persistent link: https://www.econbiz.de/10010262696
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The happiness gains from sorting and matching in the labor market
Luechinger, Simon; Stutzer, Alois; Winkelmann, Rainer - 2006
individual data on reported satisfaction with life it is possible to assess these latter gains from matching. We introduce a two … considerable gains from matching amounting to an increase in the fraction of very satisfied workers from 53.8 to 58.8 percent …
Persistent link: https://www.econbiz.de/10010267293
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Explaining Youth Labor Market Problems in Spain: Crowding-Out, Institutions, or Technology Shifts?
Jimeno, Juan F.; Felgueroso, Florentino; Dolado, Juan José - 2000
-education, and low intensity of on-the-job training. It also presents a simple matching model with two types of workers (?educated …
Persistent link: https://www.econbiz.de/10010273747
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The Happiness Gains From Sorting and Matching in the Labor Market
Luechinger, Simon; Stutzer, Alois; Winkelmann, Rainer - 2007
individual data on subjective well-being it is possible to assess these latter gains from matching. We introduce a two … analysis with data from the European Social Survey, we find considerable gains from matching amounting to an increase in the …
Persistent link: https://www.econbiz.de/10011390612
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Endogenous Wage and Capital Dispersion, On-the-Job Search and the Matching Technology
Galindo-Rueda, Fernando - 2002
provide a framework with microeconomic foundations that give rise to matching frictions, which can be used to understand the … indeed, more frequently used aggregate matching technology. Existing differences turn out to be crucial for the empirical …
Persistent link: https://www.econbiz.de/10010262443
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The economics of labor market intermediation: an analytic framework
Autor, David H. - 2008
, academic standing, or financial integrity. At their most forceful, LMIs such as labor unions and centralized job matching …
Persistent link: https://www.econbiz.de/10010268899
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Identifying sorting: in theory
Eeckhout, Jan; Kircher, Philipp - 2009
We argue that using wage data alone, it is virtually impossible to identify whether Assortative Matching between worker … and firm types is positive or negative. In standard competitive matching models the wages are determined by the marginal …
Persistent link: https://www.econbiz.de/10010269035
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Fiscal calculus in a New Keynesian model with matching frictions
Campolmi, Alessia; Faia, Ester; Winkler, Roland C. - 2010
because of matching frictions. We compare fiscal packages with different targets (pure demand stimuli versus subsidy to cost …
Persistent link: https://www.econbiz.de/10010277245
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Simultaneous Search and Network Efficiency
Gautier, Pieter A.; Holzner, Christian - 2011
all their candidates) only wage mechanisms that allow for ex post Bertrand competition generate the maximum matching on a …
Persistent link: https://www.econbiz.de/10010277402
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Desempleo, desajuste en el mercado laboral („mismatch“) e inflación: un modelo integrativo
Sell, Friedrich L. - 2010
Primero enseñaremos que la (nueva) curva de Phillips diseñada por la escuela del «Nuevo Keynesianismo» se puede transformar fácilmente en una curva de Phillips «clásica». Teniendo en cuenta el «mismatch» en los mercados laborales, como lo describe la curva de Beveridge y combinando...
Persistent link: https://www.econbiz.de/10010300416