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of random matching. Workers react to UI policy through job acceptance decisions; firms react to UI policy through wage … posting. There is endogenous assortative matching as a result of the fact that UI policy induces a time profile for … skewness. -- productivity ; heterogeneity ; UI policy ; endogenous assortative matching ; search …
Persistent link: https://www.econbiz.de/10003085750
An interesting aspect of British research on unions based on the Workplace Industrial/Employment Relations Surveys has been the apparent shift in union impact on establishment performance in the decade of the 1990s compared with the 1980s - and the recent scramble to explain the phenomenon. In...
Persistent link: https://www.econbiz.de/10011406887
It is widely believed that rent-sharing reduces the incentives for investment when long term contracts are infeasible because some of the returns to sunk capital are captured by workers. We propose a simple test for the degree of hold-up based on the fraction of capital costs that are deducted...
Persistent link: https://www.econbiz.de/10009517430
We provide first evidence regarding the direct impact of educational mismatch on firm productivity. To do so, we rely on representative linked employer-employee panel data for Belgium covering the period 1999-2006. Controlling for simultaneity issues, time-invariant unobserved workplace...
Persistent link: https://www.econbiz.de/10009681374
This paper provides a novel justification for a declining time profile of unemployment benefits that does not rely on moral hazard or consumption-smoothing considerations. We consider a simple search environment with homogeneous workers and low- and high-productivity firms. By introducing a...
Persistent link: https://www.econbiz.de/10011480771
mechanism, we develop a two-sector matching model where firms endogenously choose between a safe technology with known …
Persistent link: https://www.econbiz.de/10003959174
early forties. -- aging ; productivity ; mental ability …
Persistent link: https://www.econbiz.de/10009727579
I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor …
Persistent link: https://www.econbiz.de/10014366741
We study the relationship between age and influence in a closed group of 1,000 leading economists. We consider, as a measurement of influence, monthly RePEc rankings. We find that the rankings are not related to age but are related to experience. The optimal level of experience is 30 years from...
Persistent link: https://www.econbiz.de/10012157144
This paper challenges the prevailing view of the neutrality of the labour income share to labour demand, and investigates its impact on the evolution of employment. Whilst maintaining the assumption of a unitary long-run elasticity of wages with respect to productivity, we demonstrate that...
Persistent link: https://www.econbiz.de/10008779969