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作者:YAVAS, A
摘要:This article examines the role of middlemen in bilateral search markets (e.g., employment agencies, real estate brokers). It is shown that the middleman narrows the set of buyer (firm) and seller (worker) types who search; seller types with high valuations and buyer types with low valuations drop out of the search market and instead trade through the middleman. The middleman also decreases the equilibrium search intensities of those agents who search. It is proven that the middleman improves w...
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作者:VANDENBERG, GJ
摘要:Generally, it is.acknowledged that changing the job offer arrival rate has two opposite effects on unemployment duration. For a basic job search model, sufficient conditions on the wage offer distribution have been derived, ensuring that one of the effects dominates. However, these are not satisfied for the popular families of wage offer distributions. Here I show that the conditions can be weakened at virtually no cost. The set of distributions satisfying the new conditions is considerably la...
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作者:BOUND, J; BROWN, C; DUNCAN, GJ; RODGERS, WL
作者单位:National Bureau of Economic Research
摘要:This article investigates error properties of survey reports of labor market variables. We use the Panel Study of Income Dynamics (PSID) Validation Study, a two-wave panel survey of workers employed by a large firm that shared its detailed payroll records. Individuals' reports of annual earnings are fairly accurate. Errors are negatively related to true earnings, reducing bias due to measurement error when earnings are used as an independent variable. Biases are moderately larger for changes i...
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作者:BAKER, M; BENJAMIN, D
摘要:In this article we examine the economic assimilation of immigrants to Canada. We provide new evidence on immigrants who arrived in the 1970s and document an increase in the dispersion of labor market outcomes across immigrants of different vintages over time. Our results confirm U.S. evidence of ''permanent'' differences across immigrant cohorts. What distinguishes the Canadian experience is small or negative rates of assimilation for most cohorts over the sample period. Finally, we test the o...
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作者:REILLY, KT
摘要:Estimates of the intertemporal labor supply behavior of males in Canada using micro data are reported. Individuals make the intertemporal labor supply decision on the basis of annual hours and weeks. Precision of the parameter estimates is improved by using tenure variable as instruments for the wage. Further, the age and tenure variables are allowed to have taste parameters in the structural equations. The evidence suggests that this is required only for the two age variables. Elasticity evid...
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作者:MANNING, A
作者单位:University of Bergen
摘要:This article argues that the predictions of standard trade union models and the tests for distinguishing between these models are not robust to quite small and reasonable changes in the conventional assumptions. In particular, it considers the effect of assuming that the ex post substitutability between labor and capital is less than the ex ante substitutability. The paper shows that much of the conventional wisdom about the effects of trade unions is not necessarily true in this framework.