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Book Unobserved Bilateral Search on the Labor Market

Download or read book Unobserved Bilateral Search on the Labor Market written by Uwe Sunde and published by . This book was released on 2002 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Bilateral Search as an Explanation for Labor Market Segmentation and Other Anomalies

Download or read book Bilateral Search as an Explanation for Labor Market Segmentation and Other Anomalies written by Kevin Lang and published by . This book was released on 1993 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since applying for jobs is costly, workers prefer applying where their employment probability is high and, therefore, to jobs attracting fewer higher quality applicants. Since creating vacancies is expensive, firms create more vacancies when job-seeking is high. Our model captures these ideas and accounts for worker heterogeneity by assuming three types of nearly identical workers. These infinitesimal quality differences generate a discrete wage distribution. For some parameter values lower quality workers have discretely lower wages and higher unemployment than better workers. Moreover, increasing the number of the lowest quality workers can make all workers better off.

Book Output and Unemployment Dynamics during the Great Recession

Download or read book Output and Unemployment Dynamics during the Great Recession written by Francis Vitek and published by International Monetary Fund. This book was released on 2010-08-01 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the sources of output and unemployment dynamics in the world economy during the Great Recession. This analysis is based on a panel unobserved components model of the world economy, disaggregated into its fifteen largest national economies. We find that excess supply pressure was primarily transmitted from the output market to the labor market by economy specific combinations of negative domestic or foreign output demand shocks, mitigated to varying degrees by countercyclical labor market policies or institutions.

Book Transitions through the Labor Market

Download or read book Transitions through the Labor Market written by Solomon W. Polachek and published by Emerald Group Publishing. This book was released on 2018-08-09 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains seven original and innovative articles which analyze labor market transitions, how individuals progress from school to work, choose a particular occupation, move up the job ladder, and finally withdraw from the workforce to retirement. Investigations are done by race and gender; and social implications are examined.

Book Studies of Labor Market Intermediation

Download or read book Studies of Labor Market Intermediation written by David H. Autor and published by University of Chicago Press. This book was released on 2009-12-15 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the traditional craft hiring hall to the Web site Monster.com, a multitude of institutions exist to facilitate the matching of workers with firms. The diversity of such Labor Market Intermediaries (LMIs) encompasses criminal records providers, public employment offices, labor unions, temporary help agencies, and centralized medical residency matches. Studies of Labor Market Intermediation analyzes how these third-party actors intercede where workers and firms meet, thereby aiding, impeding, and, in some cases, exploiting the matching process. By building a conceptual foundation for analyzing the roles that these understudied economic actors serve in the labor market, this volume develops both a qualitative and quantitative sense of their significance to market operation and worker welfare. Cross-national in scope, Studies of Labor Market Intermediation is distinctive in coalescing research on a set of market institutions that are typically treated as isolated entities, thus setting a research agenda for analyzing the changing shape of employment in an era of rapid globalization and technological change.

Book Wage Determination and the Sources of Bargaining Power

Download or read book Wage Determination and the Sources of Bargaining Power written by Paola Manzini and published by . This book was released on 2002 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Aggregate Returns to Individual Decisions

Download or read book Aggregate Returns to Individual Decisions written by Uwe Sunde and published by Peter Lang Publishing. This book was released on 2003 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contents: Individual Education Decisions - Life Expectancy Decisions - Education and Earnings Inequality - Individual Search Decisions - Disaggregate Matching - Strategic Hiring and Search - Unobserved Bilateral Search - Regional Mobility and Job Competition.

Book The Economics of Labor Market Intermediation

Download or read book The Economics of Labor Market Intermediation written by David H. Autor and published by . This book was released on 2008 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor Market Intermediaries (LMIs) are entities or institutions that interpose themselves between workers and firms to facilitate, inform, or regulate how workers are matched to firms, how work is accomplished, and how conflicts are resolved. This paper offers a conceptual foundation for analyzing the market role played by these understudied institutions, and to develop a qualitative and, in some cases, quantitative sense of their significance to market operation and welfare. Though heterogeneous, I argue that LMIs share a common function, which is to redress -- and in some cases exploit -- a set of endemic departures of labor market operation from the efficient neoclassical benchmark. At a rudimentary level, LMIs such as online job boards reduce search frictions by aggregating and reselling disparate information at a cost below which workers and firms could obtain themselves. Beyond passively supplying information, a set of LMIs forcibly redress adverse selection problems in labor markets by compelling workers and firms to reveal normally hidden credentials, such as criminal background, academic standing, or financial integrity. At their most forceful, LMIs such as labor unions and centralized job matching clearinghouses, resolve coordination and collective action failures in markets by tightly controlling -- even monopolizing -- the process by which workers and firms meet, match and negotiate. A unifying observation of the analytic framework is that participation in the activities of a given LMI are typically voluntary for one side of the market and compulsory for the other; workers cannot, for example, elect to suppress their criminal records and firms cannot opt out of collective bargaining. I argue that the nature of participation in an LMI's activities -- voluntary or compulsory, and for which parties -- is dictated by the market imperfection that it addresses and thus tells us much about its economic function.

Book Re employment Probabilities and Returns to Matching

Download or read book Re employment Probabilities and Returns to Matching written by Barbara Petrongolo and published by . This book was released on 1999 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book A New Approach to Estimate the Wage Returns to Work related Training

Download or read book A New Approach to Estimate the Wage Returns to Work related Training written by Edwin Leuven and published by . This book was released on 2002 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Unemployment Invariance

    Book Details:
  • Author : Marika Karanassou
  • Publisher :
  • Release : 2002
  • ISBN :
  • Pages : 28 pages

Download or read book Unemployment Invariance written by Marika Karanassou and published by . This book was released on 2002 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Nonlinear Labor Market Dynamics

Download or read book Nonlinear Labor Market Dynamics written by Michael Neugart and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nonlinear Labor Market Dynamics discusses adjustment processes in labor markets. Contrary to linear-stochastic approaches this book is based on a non-linear deterministic framework. It is shown that even textbook-like-models of the labor market can generate long lasting adjustment processes, local instabilities, and chaotic movements, once nonlinear relationships and widely accepted adjustment rules are introduced. Thus, labor market dynamics may have an endogenous component that is governed by a nonlinear deterministic core. Of course, all results are tied to the particular models discussed in this book. Nevertheless, these models imply that by incorporating nonlinear relationships, one may arrive at an explanation of labor market behavior where linear stochastic approaches fell. Time series studies for German labor market data support this point of view.

Book Adverse Selection in the Labor Market

Download or read book Adverse Selection in the Labor Market written by Bruce C. Greenwald and published by Dissertations-G. This book was released on 1979 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Job Search by Employed Workers

Download or read book Job Search by Employed Workers written by Avner Bar-Ilan and published by . This book was released on 1993 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: