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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 wages, wage dispersion and financial constraints in firms

Arabzadeh, Hamzeh; Balleer, Almut; Gehrke, Britta; … - In: European economic review : EER 163 (2024), pp. 1-35

Persistent link: https://www.econbiz.de/10015076111

Public-sector employment in an equilibrium search and matching model

Albrecht, James W.; Robayo-Abril, Monica; Vroman, Susan B. - 2017

We extend the Diamond-Mortensen-Pissarides model of equilibrium unemployment to incorporate public-sector employment … unemployment rate, on the division of employment between the private and public sectors, and on the distributions of wages in the …

Persistent link: https://www.econbiz.de/10011596110

Structural estimation of search intensity : do non-employed workers search enough?

Gautier, Pieter; Moraga-González, José Luis; … - 2007

simultaneously determined in market equilibrium. We structurally estimate the search cost distribution, the implied matching …

Persistent link: https://www.econbiz.de/10011372979

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

Sufficient statistics for frictional wage dispersion and growth

Vejlin, Rune Majlund; Veramendi, Gregory - 2019

Persistent link: https://www.econbiz.de/10012022438

Optimal policy and the role of social contacts in a search model with heterogeneous workers

Stupnytska, Yuliia; Zaharieva, Anna - 2013

equilibrium unemployment rates. Next we demonstrate that the decentralized equilibrium is inefficient for any value of the … is always below the social gain, so the equilibrium unemployment of high ability workers is above its optimal value …

Persistent link: https://www.econbiz.de/10010202193

Matching through search channels

Carrillo-Tudela, Carlos; Kaas, Leo; Lochner, Benjamin - 2023

Firms and workers predominately match via job postings, networks of personal contacts or the public employment agency, all of which help to ameliorate labor market frictions. In this paper we investigate the extent to which these search channels have differential effects on labor market...

Persistent link: https://www.econbiz.de/10014438511