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Information frictions and labor market outcomes

Cardoso, Ana Rute; Loviglio, Annalisa; Piemontese, Lavinia - 2015

unemployment rate and the actual unemployment rate in the country, which is a meaningful indicator of their misperception of labor … model includes: controls for the worker's ability; country-specific fixed effects; the unemployment rate in the region of … residence, which might be the benchmark respondents have in mind when reporting their perception of the national unemployment …

Persistent link: https://www.econbiz.de/10010528571

Minimum wage increases and vacancies

Kudlyak, Marianna; Tasci, Murat; Tüzemen, Didem - 2022

Using a unique data set and a novel identification strategy, we estimate the effect of minimum wage increases on job vacancy postings. Utilizing occupation-specific county- level vacancy data from the Conference Board's Help Wanted Online for 2005-2018, we find that state-level minimum wage...

Persistent link: https://www.econbiz.de/10013187552

Minimum wage increases and vacancies

Kudlyak, Marianna; Tasci, Murat; Tüzemen, Didem - 2022

Using a unique data set and a novel identification strategy, we estimate the effect of minimum wage increases on job vacancy postings. Utilizing occupation-specific countylevel vacancy data from the Conference Board's Help Wanted Online for 2005-2018, we find that state-level minimum wage...

Persistent link: https://www.econbiz.de/10013192234

Sufficient statistics for frictional wage dispersion and growth

Vejlin, Rune Majlund; Veramendi, Gregory - In: Quantitative economics : QE ; journal of the … 14 (2023) 3, pp. 935-979

This paper develops a sufficient statistics approach for estimating the role of search frictions in wage dispersion and life‐cycle wage growth. We show how the wage dynamics of displaced workers are directly informative of both for a large class of search models. Specifically, the correlation...

Persistent link: https://www.econbiz.de/10014362543

Job search and the age-inequality profile : conference paper

Marotzke, Petra - 2013

, the model captures the shapes of the empirically observed age profiles of average wages, the unemployment rate, the … unemployment to employment transition rate, and the employment to employment transition rate. …

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

Sufficient statistics for frictional wage dispersion and growth

Vejlin, Rune Majlund; Veramendi, Gregory - 2020

This paper develops a sufficient statistics approach for estimating the role of search frictions in wage dispersion and lifecycle wage growth. We show how the wage dynamics of displaced workers are directly informative of both for a large class of search models. Specifically, the correlation...

Persistent link: https://www.econbiz.de/10012319318