This paper develops a sufficient statistics approach for estimating the role of search frictions in wage dispersion and … class of search models. Specifically, the correlation between pre‐ and post‐displacement wages is informative of frictional … methodology to US data, we find that search frictions account for less than 20% of wage dispersion. In addition, we estimate that …

This paper develops a sufficient statistics approach for estimating the role of search frictions in wage dispersion and … search models. Specifically, the correlation between pre- and post-displacement wages is informative of frictional wage … to US data, we find that search frictions account for less than 20 percent of wage dispersion. In addition, we estimate …

This paper develops a sufficient statistics approach for estimating the role of search frictions in wage dispersion and … search models. Specifically, the correlation between pre- and post-displacement wages is informative of frictional wage …, independent of the job-offer distribution. Applying our methodology to US data, we find that search frictions account for less …

We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs …

A wide class of models with On-the-Job Search (OJS) predicts that workers gradually select into better-paying jobs …

We analyze the impact of information frictions on workers' wages, contributing to the literature that tested search …

We set up a model with on-the-job search in which firms infrequently post vacancies for which workers occasionally … different from the stock-flow or the job ladder model. Further, the estimated parameters governing workers search behavior are … found to be consistent with recent survey evidence documented in Faberman et al. (2016). The search behavior implied by the …

A wide class of models with On-the-Job Search (OJS) predicts that workers gradually select into better-paying jobs. We …

A wide class of models with On-the-Job Search (OJS) predicts that workers gradually select into better-paying jobs. We …