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We examine wage competition in a model where identical workers choose the number of jobs to apply for and identical firms simultaneously post a wage. The Nash equilibrium of this game exhibits the following properties: (i) an equilibrium where workers apply for just one job exhibits unemployment...
Persistent link: https://www.econbiz.de/10011335208
vacancies implies, via the concavity of the matching function, that business cycles reduce the average number of new jobs and …
Persistent link: https://www.econbiz.de/10011817364
In this paper, an agent-based search and matching (ABSAM) model of a local labor market with heterogeneous agents and …
Persistent link: https://www.econbiz.de/10011557520
, which is consistent with empirical findings of this paper. I calibrate the model by matching the observed referral wage …
Persistent link: https://www.econbiz.de/10012867024
Can digital labour market platforms reduce search frictions in formal or informal labour markets? We study this question using a randomized experiment embedded in a tracer study of the work transitions of graduates from technical and vocational colleges in Mozambique. We implement an...
Persistent link: https://www.econbiz.de/10013275360
Can digital labour market platforms reduce search frictions in either formal or informal labour markets? We study this question using a randomized experiment embedded in a tracer study of the work transitions of graduates from technical and vocational colleges in Mozambique. We implement an...
Persistent link: https://www.econbiz.de/10013259834
Based on rich administrative data from Germany, we address the differences in occupation specific job-matching …) in an occupation and the diversity of tasks in an occupation. We find that the matching efficiency improves with higher … positive or negative effects on the matching efficiency. We discuss the conditions under which the empirical results can be …
Persistent link: https://www.econbiz.de/10011471358
This paper characterizes the equilibrium for a large class of search models with two-sided heterogeneity and on-the-job search. Besides the well-known congestion externalities, we show that on-the-job search in combination with monopsonistic wage setting without commitment creates a...
Persistent link: https://www.econbiz.de/10011346489
-matched jobs are less affordable and rewarding for them. As a consequence, matching through social networks result in low wages and …
Persistent link: https://www.econbiz.de/10014076369
which identical firms post wages and homogeneous workers search for acceptable offers. We allow for matching frictions and …
Persistent link: https://www.econbiz.de/10011398879