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Labor market studies on the effects of minimum wages are typically confined to the sector or worker group directly affected. We present a two-sector search model in which one sector is more productive than the other one and thus, pays higher wages. In such a framework, setting a minimum wage in...
Persistent link: https://www.econbiz.de/10012991072
documented facts. We contrast our empirical results with a search and matching model with worker ex-ante productivity …
Persistent link: https://www.econbiz.de/10015076377
A large part of the literature on frictional matching in the labor market assumes bilateral meetings between workers …
Persistent link: https://www.econbiz.de/10013316106
Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may …
Persistent link: https://www.econbiz.de/10013320096
A large part of the literature on frictional matching in the labor market assumes bilateral meetings between workers …
Persistent link: https://www.econbiz.de/10013131426
elasticity of labor supply. Thus, our results uncover the previously undocumented power of words in the job matching process. …
Persistent link: https://www.econbiz.de/10010529494
Persistent link: https://www.econbiz.de/10002681024
Unemployment arises from frictions in the matching of job-seekers and employers. The level of resources that employers …
Persistent link: https://www.econbiz.de/10013218331
Persistent link: https://www.econbiz.de/10008855994
-finding rate arise, which contrasts with results in an efficient search and matching economy. The efficient selection model …
Persistent link: https://www.econbiz.de/10011306109