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作者：Snell, Andy; Martins, Pedro; Stueber, Heiko; Thomas, Jonathan P.
作者单位：University of Edinburgh; University of London; Queen Mary University London; University of Erlangen Nuremberg; University of Edinburgh
摘要：It is well known that unless worker-firm match quality is controlled for, reduced-form estimates of returns to firm tenure will be biased. In this paper, we show that there is a further pervasive source of bias, namely, the comovement of firm employment and firm wages. We argue that firm-year fixed effects must be used to eliminate this bias. Estimates from two large-panel data sets from Germany and Portugal show that the bias is empirically important. Finally, we show that the results extend ...
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作者：Beaman, Lori; Keleher, Niall; Magruder, Jeremy
作者单位：Northwestern University; University of California System; University of California Berkeley; Innovations for Poverty Action (IPA)
摘要：We use a field experiment to show that referral-based hiring has the potential to disadvantage qualified women, highlighting another potential channel behind gender disparities in the labor market. Through a recruitment drive for a firm in Malawi, we look at men's and women's referral choices under different incentives and constraints. We find that men systematically refer few women, despite being able to refer qualified women when explicitly asked for female candidates. Performance pay also d...
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作者：Cockx, Bart; Dejemeppe, Muriel; Launov, Andrey; Van der Linden, Bruno
作者单位：Ghent University; Universite Catholique Louvain; University of Kent; Universite Catholique Louvain; Fonds de la Recherche Scientifique - FNRS
摘要：We build and estimate a nonstationary structural job search model that incorporates the main stylized features of a typical job search monitoring scheme in unemployment insurance (UI) and acknowledges that search effort and requirements are measured imperfectly. On the basis of Belgian data, monitoring is found to affect search behavior only weakly because assessments were scheduled late and infrequently, the monitoring technology was not sufficiently precise, and lenient Belgian UI results in...
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作者：Flabbi, Luca; Mabli, James
作者单位：University of North Carolina; University of North Carolina Chapel Hill; Mathematica
摘要：Most labor market search models ignore the fact that decisions are often made at the household level. We fill this gap by developing and estimating a household search model with on-the-job search and labor supply. We find that ignoring the household as a decision-making unit has relevant empirical consequences. In estimation, the individual search model implies gender wage offer differentials almost twice as large as the household search model. In the application, the individual search model i...
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作者：Ke, Rongzhu; Li, Jin; Powell, Michael
作者单位：Lingnan University; Peking University; University of London; London School Economics & Political Science; Northwestern University
摘要：Firms' organizational structures impose constraints on their ability to use promotion-based incentives. We develop a framework for identifying these constraints and exploring their consequences. We show that firms manage workers' careers by choosing personnel policies that resemble an internal labor market. Firms may adopt forced turnover policies to keep lines of advancement open, and they may alter their organizational structures to relax these constraints. This gives rise to a trade-off bet...
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作者：DeVaro, Jed; Guertler, Oliver
作者单位：California State University System; California State University East Bay; University of Cologne
摘要：Surveying employment-related newspaper advertisements over several centuries, we identify four eras (neither workers nor firms posted ads, mostly workers posted ads, mostly firms posted ads, and both parties regularly posted ads). These eras can be understood in the context of the equilibrium of a matching model that incorporates strategic interactions by both sides of the labor market. Potential explanations for transitions across eras include increasing literacy rates, expansion of social in...
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作者：Bell, Brian; Machin, Stephen
作者单位：University of London; King's College London; University of London; London School Economics & Political Science
摘要：How does firm value change in response to a minimum wage hike? This paper exploits the announcement of a big change in the UK minimum wage that was both totally unanticipated and free of uncertainty. The stock market response to this is examined in an event study setting. The analysis uncovers significant falls in the stock market value of low-wage firms. In light of this finding, the paper concludes by discussing magnitudes of response, including longer-term modes of firm adjustment to the co...
