Showing 1 - 10 of 580
Are labor markets in higher-income countries more meritocratic, in the sense that worker-job matching is based on … the role of worker-job matching in development accounting, we build an equilibrium matching model that allows for cross … determine match feasibility; (ii) technology, which determines the returns to matching; and (iii) idiosyncratic matching …
Persistent link: https://www.econbiz.de/10014520525
based on grades received at school. It is examined how this matching is affected if good grades are granted to some low …
Persistent link: https://www.econbiz.de/10014214686
-sided matching model. It departs from the previous literature by allowing worker heterogeneity in productivity, which gives rise to a … double transaction problem in a hedonic model. Deriving sufficient conditions under which assortative matching is the unique … stable job-worker matching, we show that observed wage differentials between jobs reflect not only compensating wage …
Persistent link: https://www.econbiz.de/10013037274
This paper develops a matching framework of offshoring in which offshoring is defined as cross-country matching between … the matching framework in a two-country, two-task model in which workers and managers possess a continuum of skills …. Offshoring alters the matching mechanism, changes the span of control, and thereby influences inequality through differential …
Persistent link: https://www.econbiz.de/10013291298
I build an equilibrium investment-and-marriage model to explain stylized facts about education, income, and marriage for Americans born in the twentieth century that had not been explained in a unified way. The most novel finding is a theoretical explanation for why women attend college at a...
Persistent link: https://www.econbiz.de/10012110230
I develop an assignment model of occupations with multidimensional heterogeneity in production tasks and worker skills. Tasks are distributed continuously in the skill space, whereas workers have a discrete distribution with a finite number of types. Occupations arise endogenously as bundles of...
Persistent link: https://www.econbiz.de/10012802671
across firms. By constructing a Becker-type worker-firm matching model in a global economy, we demonstrate underlying …
Persistent link: https://www.econbiz.de/10015196661
Persistent link: https://www.econbiz.de/10013463363
The experimental literature and studies using survey data have established that people care a great deal about their relative economic position and not solely, as standard economic theory assumes, about their absolute economic position. Individuals are concerned about social comparisons....
Persistent link: https://www.econbiz.de/10014218387
People care a great deal about their relative economic position and not solely about their absolute economic position. However, behavioral evidence is rare. This paper provides evidence on how the relative income position affects professional sports performances. Our analysis suggests that if a...
Persistent link: https://www.econbiz.de/10014218388