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Who works for whom? : worker sorting in a model of entrepreneurship with heterogeneous labor markets

Dinlersoz, Emin Murat; Hyatt, Henry R.; Janicki, Hubert P. - 2016

Young and small firms are typically matched with younger and nonemployed individuals, and they provide these workers with lower earnings compared to other firms. To explore the mechanisms behind these facts, a dynamic model of entrepreneurship is introduced, where individuals can choose not to...

Persistent link: https://www.econbiz.de/10011450865

Who Works for Whom? Worker Sorting in a Model of Entrepreneurship with Heterogeneous Labor Markets

Dinlersoz, Emin - 2016

Persistent link: https://www.econbiz.de/10013005155

Who Works for Whom? Worker Sorting in a Model of Entrepreneurship with Heterogeneous Labor Markets

Dinlersoz, Emin - 2016

Persistent link: https://www.econbiz.de/10012999532

Quadratic labor adjustment costs, business cycle dynamics and optimal monetary policy

Lechthaler, Wolfgang; Snower, Dennis J. - 2011 - revised January 2011

We build quadratic labor adjustment costs into an otherwise standard New-Keynesian model of the business cycle and show that this increases output persistence in a similar vein as other models of labor market frictions. Furthermore, it is demonstrated that quadratic labor adjustment costs imply...

Persistent link: https://www.econbiz.de/10011452084

Fear of Labor Rigidities : The Role of Expectations on Employment Growth in Peru

Lavado, Pablo - 2016

Many studies have been conducted to analyze the effect of stricter Employment Protection Legislation (EPL). However … entailing future stronger labor rigidities, from January 2001 to May 2012. Using the Permanent Employment Survey (EPE), we find … a negative relation between expectations towards a stricter labor market and both employment and average income. News …

Persistent link: https://www.econbiz.de/10013001881

Labor market institutions, wages, and investment : presented at CESifo Area Conference on Employment and Social Protection, June 2004

Pischke, Jörn-Steffen - 2004

Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor markets with frictions. This observation helps explain rising wage inequality in the US, but a relatively stable wage structure in Europe in the 1980s. These different trends are...

Persistent link: https://www.econbiz.de/10011450828