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作者:MCLAUGHLIN, KJ
作者单位:City University of New York (CUNY) System; Hunter College (CUNY)
摘要:This article characterizes labor markets in which the heterogeneity of workers and firms results in thin markets and rents. Neoclassical marginal analysis and matching are blended into a computable general equilibrium model of trade in efficiency units of labor. Although workers' bargaining problems are interrelated, a simple wage contract generates wage flexibility and efficient matching in the model's equilibrium. Equilibrium wages are predicted to vary with the diversity of firms, the scarc...
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作者:CHRISTENSEN, BJ; KIEFER, NM
作者单位:Cornell University
摘要:Statistical analysis of the job-search model has isolated the role played by the minimum observed wage in identifying and estimating behavioral parameters. Estimators based on order statistics, however, are influenced by measurement error in ways that estimators based on averages are not, and there is ample evidence that wage data contain measurement errors. We propose a model in which worker behavior is captured by the prototypal search model but wages are observed with error.
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作者:HARRISON, A; STEWART, M
作者单位:University of Warwick
摘要:We examine cyclicality of strike frequency and incidence, using Canadian data on strikes and contracts. Total strike frequency exhibits significant procyclicality, to which within-contract strikes contribute appreciably. Evidence is weaker for procyclical behavior of contract-expiry strikes, both in total and disaggregated by issue. Strike incidence is also procyclical, particularly in manufacturing, though the pro-cyclicality here is confined to strikes over nonwage issues. These results mirr...
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作者:FARBER, HS
摘要:I use a large sample of jobs from the National Longitudinal Survey of Youth to examine job mobility patterns and to evaluate theories of interfirm worker mobility. There are three main findings. First, the monthly hazard of job ending is not monotonically decreasing in tenure as most earlier work using annual data has found, but it increases to a maximum at 3 months and declines thereafter. Second, mobility is strongly positively related to the frequency of job change prior to the start of the...
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作者:SWAIM, P; PODGURSKY, M
作者单位:University of Massachusetts System; University of Massachusetts Amherst
摘要:Following permanent layoffs most women search for new jobs, but some withdraw from the labor force. We develop a joint model of the choice to undertake postdisplacement job search and unemployment durations for searchers and estimate it, using data from the 1988 Displace Worker Survey. Maximum likelihood estimates of this ''split-population'' model show that labor force withdrawal is an important factor explaining the distribution of postdisplacement jobless spells. The model also allows us to...
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作者:CRAMTON, PC; TRACY, JS
作者单位:Columbia University
摘要:We study wage bargaining in which the union is uncertain about the firm's willingness to pay and threat payoffs vary over time. Strike payoffs change as replacement workers are hired, as strikers find temporary jobs, and as inventories or strike funds run out. We find that bargaining outcomes are substantially altered if threat payoffs vary. If dispute costs increase in the long run, then dispute durations are longer, settlement rates are lower, and wages decline more slowly during the short r...