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作者：Hopkins, Ed
作者单位：University of Edinburgh
摘要：This paper considers a matching model of the labor market where workers, who have private information on their quality, signal to firms that also differ in quality. Signals allow assortative matching in which the highest-quality workers send the highest signals and are hired by the best firms. Matching is considered both when wages are rigid (nontransferable utility) and when they are fully flexible (transferable utility). In both cases, equilibrium strategies and payoffs depend on the distrib...
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作者：Machin, Stephen; Salvanes, Kjell G.; Pelkonen, Panu
作者单位：University of London; University College London; University of London; London School Economics & Political Science; University of London; London School Economics & Political Science; Norwegian School of Economics (NHH); University of Sussex
摘要：We show that the length of compulsory education has a causal impact on regional labor mobility. We reach this conclusion from an analysis of a quasi-exogenous staged Norwegian school reform, using register data on the whole population. Based on the results, we conclude that part of the USEurope difference, as well as the European NorthSouth difference in labor mobility, is likely to be due to differences in levels of education in the respective regions.
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作者：Herrendorf, Berthold; Valentinyi, Akos
作者单位：Arizona State University; Arizona State University-Tempe; Cardiff University
摘要：Which sectors are most responsible for the low total factor productivities of developing countries? To answer this question we develop a new framework for sectoral development accounting. Applying this framework to the Penn World Table, we find that in equipment, construction, and food the sectoral TFP differences between developing countries and the United States are much larger than in the aggregate. However, in manufactured consumption the sectoral TFP differences are about equal to the agg...
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作者：Bruegemann, Bjoern
作者单位：Yale University
摘要：This paper investigates the ability of employment protection to generate its own political support. A version of the MortensenPissarides model is used for this purpose. If wages are set through Nash bargaining, workers value employment protection because it strengthens their hand in wage negotiations. Workers in high productivity matches benefit most from higher wages as they expect to stay employed for longer. By reducing turnover employment protection shifts the distribution of match-specifi...
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作者：Macchiavello, Rocco
作者单位：University of Warwick
摘要：Existing evidence is mostly inconclusive on the relevance of financial development as a determinant of vertical integration. This paper presents evidence that, once industry heterogeneity in firm size distribution is taken into account, financial development is an important determinant of cross-country differences in vertical integration. Financial development fosters entry of firms and increases competition in the industry. This reduces vertical integration of larger firms, but also leads sma...
