What are the costs of inflation in the labor market? When wages are set nominally, inflation leads to reduced purchasing power, which prompts workers to search for other jobs in order …
R Lentz, ER Moen - 2017 Meeting Papers, 2017 - red-files-public.s3.amazonaws.com
We set up a search model with on-the-job search that spans random and competitive search as well as intermediate cases with partially directed search. Firms are heterogeneous in …
This dissertation studies a labor market where heterogeneous workers climb a job ladder with informal and formal rungs. In this environment, the incidence of informal jobs in a …
How does inflation transmit to changes in nominal wages? We proposal a model of onthe- job search in which wages are negotiated in nominal terms and fixed for the duration of the …
This paper analyzes the determinants of labor income shocks along the business cycle. My main finding is that sorting between firms and workers is a key component of idiosyncratic …
This paper studies the consequences of the recent decline in business dynamism in the United States for the labor market. Firm entry rates declined precipitously in recent decades …
B Öztürk Göktuna - Managerial and Decision Economics, 2019 - Wiley Online Library
This paper provides a simple two‐period, game theoretic set‐up with heterogeneous agents to analyse individual selection of a pension scheme by different categories of agents. Agents …