On-the-job search and the wage distribution

成果类型:
Article
署名作者:
Christensen, BJ; Lentz, R; Mortensen, DT; Neumann, GR; Werwatz, A
署名单位:
Aarhus University; Boston University; Northwestern University; University of Iowa; University of Potsdam
刊物名称:
JOURNAL OF LABOR ECONOMICS
ISSN/ISSBN:
0734-306X
DOI:
10.1086/425432
发表日期:
2005
页码:
31-58
关键词:
equilibrium search dispersion seniority unemployment earnings workers MODEL rise
摘要:
The article structually estimates an on-the-job search model of job separations. Given each employer pays observably equivalent workers the same but wages are dispersed across employers, an employer's separation flow is the sum of an exogenous outflow unrelated to the wage and a job-to-job flow that decreases with the employer's wage. Using data from the Danish Integrated Database for Labour Market Research, the empirical results imply, as predicted by theory, that search effort declines with the wage. Furthermore, the estimates explain the employment effect, defined as the horizontal difference between the distribution of wages earned and the wage offer distribution.
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