Showing 1 - 10 of 47
We introduce skill groups and different production technologies into the Burdett-Mortensen model of on the job search. Supermodularity of the different skill groups in the production process leads to a positive intra-firm wage correlation between skill groups. Increasing returns to scale allow...
Persistent link: https://www.econbiz.de/10008859504
We introduce different skill groups and production functions into the Burdett- Mortensen equilibrium search model. Supermodularity in the production process leads to a positive intrafirm wage correlation between skill groups. Theory implies that increasing returns to scale can lead to a unimodal...
Persistent link: https://www.econbiz.de/10003315006
We introduce different skill groups and production functions into the Burdett-Mortensen equilibrium search model. Supermodularity in the production process leads to a positive intrafirm wage correlation between skill groups. Theory implies that increasing returns to scale can lead to a unimodal...
Persistent link: https://www.econbiz.de/10003229299
Persistent link: https://www.econbiz.de/10003944470
We introduce different skill groups and production functions into the Burdett-Mortensen equilibrium search model. Supermodularity in the production process leads to a positive intrafirm wage correlation between skill groups. Theory implies that increasing returns to scale can lead to a unimodal...
Persistent link: https://www.econbiz.de/10013318056
This paper extends the equilibrium search model of Burdett and Mortensen by introducing two different occupations. Local monopsony power and the complementarity of the occupations in production imply that firms occupy the same position in the wage distribution of each occupation. The model also...
Persistent link: https://www.econbiz.de/10001960866
The literature on firm-financed general training after Becker tried to explain the firmst incentive to invest in general training by looking at labour market ftictions. These friction were not only taken to explain the existence of firm-financed general training but were -- besides the workers'...
Persistent link: https://www.econbiz.de/10001961960
The paper shows that for severe enough search frictions, a market for employed workers with wage gains emerges despite the presence of adverse selection. Asymmetric information about a worker's productivity between the worker's current employer and the outside market enables the current employer...
Persistent link: https://www.econbiz.de/10001988166
We build and estimate a non-stationary structural job search model that incorporates the main stylized features of a typical job search monitoring scheme in unemployment insurance (UI) and acknowledges that search effort and requirements are measured imperfectly. Based on Belgian data,...
Persistent link: https://www.econbiz.de/10012965005
We develop and estimate a non-stationary job search model to evaluate a scheme that monitors job search effort and sanctions insured unemployed whose effort is deemed insufficient. The model reveals that such schemes provide incentives to the unemployed to front-load search effort prior to...
Persistent link: https://www.econbiz.de/10013117409