In a field experiment with 9,000 Danish job seekers, we study how unemployed workers' wage expectations affect job search and re-employment. In our survey, we generate exogenous variation in respondents' wage expectations by informing a random half of them about re-employment wages of comparable...

Job displacement causes large and persistent earnings losses. We document that these losses exhibit a U shape over the life cycle: young and old workers experience greater drops than mid-career workers. We develop a simple search model with human capital accumulation and deterioration that...

In einer zunehmend vielfältigen Gesellschaft ist es wichtig, dass auf dem Arbeitsmarkt alle die gleichen Chancen haben. Studien zeigen jedoch, dass dies aufgrund von Ungleichbehandlung etwa bei der Arbeitsuche nicht immer der Fall ist. Ein breiteres Wissen in der Öffentlichkeit über das...

In "Immigration, search and redistribution: A quantitative assessment of native welfare," a paper by Battisti et al. published in the August 2018 issue of the Journal of the European Economic Association, the authors inquire about how migration to 20 Organization for Economic Cooperation and...

We investigate whether exclusionary government rhetoric targeting a minority group affects residents' migration decisions. In 2019, almost 100 local governments in Poland voted to declare their localities "free from LGBTQ ideology," providing a unique setting in which government narratives...

Wage information is rare in job adverts, yet crucial for search. To study this information friction, we run a field experiment with real vacancies, randomly adding or withholding wage information. Disclosing wages does not change average application volumes. Instead, it amplifies the wage...

Gender gaps in labor market outcomes have traditionally been attributed to differences in individual productivity or to discrimination. More recently, several studies have documented the role of gender differences in psychological attitudes. Rather than using data on realized wages, we rely on...

We study the micro sources and macro consequences of worker–job matching across countries with large income differences. Using internationally comparable data on over 120,000 individuals in 30 countries, we document that workers' skills align more closely with their jobs' skill requirements in...

This paper applies some of the key insights of dynamic discrete choice models to continuous-time job search models. Our framework incorporates preference shocks into search models, resulting in a tight connection between value functions and conditional choice probabilities. In this environment,...

We conduct a randomized controlled trial (RCT) with a leading technology firm to study how highlighting flexibility and career advancement in job advertisements causally affects the applicant pool. Highlighting career advancement increases the number of applications from men for entry-level...

This paper applies some of the key insights of dynamic discrete choice models to continuous-time job search models. Our framework incorporates preference shocks into search models, resulting in a tight connection between value functions and conditional choice probabilities. In this environment,...

This paper connects classical preference theory to quantitative job search and savings models. We treat job acceptance as a choice between stochastic income lotteries. By integrating Decreasing Absolute Risk Aversion (DARA) and Prudence (DAP), we derive five contributions. First, we prove the...

This paper studies how unemployment benefits affect aggregate outcomes through general equilibrium effects. First, we document that lower unemployment benefits tend to reduce the real interest rate in a structural vector autoregression with narrative sign restrictions. Young workers experience...

Our paper documents the importance of ex ante worker heterogeneity for labor market dynamics and for the composition of the unemployment pool over the business cycle. In recessions, the unemployment pool shifts toward workers with higher wages in their previous jobs. Based on administrative data...

We show that workers use outside options to extract match-specific rents. Exploiting unique data on worker skills, we construct a measure of match quality based on the relationship between workers’ multidimensional skills and job-specific skill requirements. Focusing on job-to-job movers, we...

Our paper documents the importance of ex ante worker heterogeneity for labor market dynamics and for the composition of the unemployment pool over the business cycle. In recessions, the unemployment pool shifts toward workers with higher wages in their previous jobs. Based on administrative data...

This study investigates the impact of state-level Worker Adjustment and Retraining Notification (WARN) Acts on advance notice and post-displacement labor market outcomes for U.S. workers from 1993 to 2019. State WARN adoption increases the likelihood of receiving 30+ days of notice by about 4...

This paper examines how caseworkers influence job finding rates and job quality. To rule out selection effects, I exploit that caseworkers are assigned based on the jobseekers’ month of birth in some offices of the Austrian public employment service. Combining administrative data on...

This paper examines the welfare implications of priority service in a frictional search environment with heterogeneous outside options. Priority search facilitates expedited matching with public options in the market by charging a service premium. Our main analysis demonstrates that a...

We present findings from an at-scale randomized trial of a government program providing public employment services in Addis Ababa, Ethiopia, with up-to-date vacancy information. Before the program, women with relatively less education searched more narrowly with worse labor market outcomes than...

We develop a model where heterogeneous agents choose whether to engage in onthe-job search (OJS) to improve labor income. The model accounts for untargeted microdata patterns: fiscal incentives affect job-to-job mobility and wage growth of stayers-but not leavers-across the income distribution,...

In the United States, workers whose past earnings were below a threshold are generally ineligible for unemployment insurance (UI), creating a discontinuous jump in the value of being unemployed. Using a regression discontinuity design with administrative panel data, we estimate a sizable local...