Unobserved Heterogeneity, Exit Rates, and Re‐Employment Wages
Author
Abstract
Suggested Citation
DOI: 10.1111/sjoe.12173
Download full text from publisher
References listed on IDEAS
- Heckman, James & Singer, Burton, 1984. "A Method for Minimizing the Impact of Distributional Assumptions in Econometric Models for Duration Data," Econometrica, Econometric Society, vol. 52(2), pages 271-320, March.
- Douglas Gale, 1992. "A Walrasian Theory of Markets with Adverse Selection," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 59(2), pages 229-255.
- Acemoglu, Daron & Shimer, Robert, 1999.
"Holdups and Efficiency with Search Frictions,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 40(4), pages 827-849, November.
- Daron Acemoglu & Robert Shimer, 1998. "Holdups and Efficiency with Search Frictions," Working papers 98-14, Massachusetts Institute of Technology (MIT), Department of Economics.
- Henry S. Farber & Robert G. Valletta, 2015.
"Do Extended Unemployment Benefits Lengthen Unemployment Spells?: Evidence from Recent Cycles in the U.S. Labor Market,"
Journal of Human Resources, University of Wisconsin Press, vol. 50(4), pages 873-909.
- Farber, Henry S & Valletta, Robert G., 2013. "Do Extended Unemployment Benefits Lengthen Unemployment Spells? Evidence from Recent Cycles in the U.S. Labor Market," IZA Discussion Papers 7347, Institute of Labor Economics (IZA).
- Henry S. Farber & Robert G. Valletta, 2013. "Do Extended Unemployment Benefits Lengthen Unemployment Spells? Evidence from Recent Cycles in the U.S. Labor Market," Working Papers 1450, Princeton University, Department of Economics, Industrial Relations Section..
- Henry S. Farber & Robert G. Valletta, 2013. "Do Extended Unemployment Benefits Lengthen Unemployment Spells? Evidence from Recent Cycles in the U.S. Labor Market," NBER Working Papers 19048, National Bureau of Economic Research, Inc.
- Henry S. Farber & Robert G. Valletta, 2013. "Do Extended Unemployment Benefits Lengthen Unemployment Spells? Evidence from Recent Cycles in the U.S. Labor Market," Working Paper Series 2013-09, Federal Reserve Bank of San Francisco.
- Espen R. Moen & Åsa Rosén, 2005.
"Performance Pay and Adverse Selection,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 107(2), pages 279-298, June.
- Moen, Espen R. & Rosén, Åsa, 2001. "Performance pay and adverse selection," Working Paper Series 2/2001, Stockholm University, Swedish Institute for Social Research.
- Moen, Espen R. & Rosén, Åsa, 2004. "Performance Pay and Adverse Selection," CEPR Discussion Papers 4511, C.E.P.R. Discussion Papers.
- Michael Rothschild & Joseph Stiglitz, 1976. "Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 90(4), pages 629-649.
- Addison, John T. & Centeno, Mario & Portugal, Pedro, 2004.
"Reservation Wages, Search Duration, and Accepted Wages in Europe,"
IZA Discussion Papers
1252, Institute of Labor Economics (IZA).
- Pedro Portugal & John T. Addison, 2004. "Reservation Wages, Search Duration, and Accepted Wages in Europe," Working Papers w200413, Banco de Portugal, Economics and Research Department.
- Lars Ljungqvist & Thomas J. Sargent, 2008. "Two Questions about European Unemployment," Econometrica, Econometric Society, vol. 76(1), pages 1-29, January.
- Espen R. Moen, 2003. "Do good workers hurt bad workers-or is it the other way around?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 44(2), pages 779-800, May.
- Francisco M. Gonzalez & Shouyong Shi, 2010.
"An Equilibrium Theory of Learning, Search, and Wages,"
Econometrica, Econometric Society, vol. 78(2), pages 509-537, March.
- Francisco M. Gonzalez & Shouyong Shi, 2008. "An Equilibrium Theory of Learning, Search and Wages," Working Papers tecipa-328, University of Toronto, Department of Economics.
- Francisco M. Gonzalez & Shouyong Shi, 2009. "An Equilibrium Theory of Learning, Search and Wages," Working Papers tecipa-384, University of Toronto, Department of Economics.
- Shouyong Shi & Francisco Gonzalez, 2009. "An Equilibrium Theory of Learning, Search and Wages," 2009 Meeting Papers 27, Society for Economic Dynamics.
- Edward P. Lazear & Kathryn L. Shaw, 2007.
"Personnel Economics: The Economist's View of Human Resources,"
Journal of Economic Perspectives, American Economic Association, vol. 21(4), pages 91-114, Fall.
- Edward P. Lazear & Kathryn L. Shaw, 2007. "Personnel Economics: The Economist's View of Human Resources," NBER Working Papers 13653, National Bureau of Economic Research, Inc.
- Claudio Michelacci & Javier Suarez, 2006.
"Incomplete Wage Posting,"
Journal of Political Economy, University of Chicago Press, vol. 114(6), pages 1098-1123, December.
- Claudio Michelacci & Javier Suarez, 2002. "Incomplete Wage Posting," Working Papers wp2002_0203, CEMFI.
- Suarez, Javier & Michelacci, Claudio, 2002. "Incomplete Wage Posting," CEPR Discussion Papers 3658, C.E.P.R. Discussion Papers.
- Peters, Michael, 1991. "Ex Ante Price Offers in Matching Games Non-steady States," Econometrica, Econometric Society, vol. 59(5), pages 1425-1454, September.
- Jan Eeckhout & Philipp Kircher, 2010.
"Sorting and Decentralized Price Competition,"
Econometrica, Econometric Society, vol. 78(2), pages 539-574, March.
- Jan Eeckhout & Philipp Kircher, 2008. "Sorting and Decentralized Price Competition," PIER Working Paper Archive 08-020, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Eeckhout, Jan & Kircher, Philipp, 2010. "Sorting and decentralized price competition," LSE Research Online Documents on Economics 29705, London School of Economics and Political Science, LSE Library.
- Moen, Espen R, 1997.
"Competitive Search Equilibrium,"
Journal of Political Economy, University of Chicago Press, vol. 105(2), pages 385-411, April.
- Moen, E.R., 1995. "Competitive Search Equilibrium," Memorandum 1995_037, Oslo University, Department of Economics.
- Wilson, Charles, 1977. "A model of insurance markets with incomplete information," Journal of Economic Theory, Elsevier, vol. 16(2), pages 167-207, December.
- Lancaster, Tony, 1979. "Econometric Methods for the Duration of Unemployment," Econometrica, Econometric Society, vol. 47(4), pages 939-956, July.
- Robert Shimer, 2008. "The Probability of Finding a Job," American Economic Review, American Economic Association, vol. 98(2), pages 268-273, May.
- Shi, Shouyong, 2001. "Frictional Assignment. I. Efficiency," Journal of Economic Theory, Elsevier, vol. 98(2), pages 232-260, June.
- Ben Lockwood, 1991. "Information Externalities in the Labour Market and the Duration of Unemployment," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(4), pages 733-753.
- repec:pri:indrel:dsp01th83kz40p is not listed on IDEAS
- Christopher A. Pissarides, 1992. "Loss of Skill During Unemployment and the Persistence of Employment Shocks," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(4), pages 1371-1391.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Shuaizhang Feng & Lars Lefgren & Brennan C. Platt & Bingyong Zheng, 2019. "Job search under asymmetric information: endogenous wage dispersion and unemployment stigma," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 67(4), pages 817-851, June.
- Garibaldi, Pietro & Gomes, Pedro Maia, 2022.
"Temporary Replacement Workers in a Matching Model with Employment at Will,"
IZA Discussion Papers
15503, Institute of Labor Economics (IZA).
- Garibaldi, Pietro & Gomes, Pedro, 2024. "Temporary Replacement Workers in a Matching Model With Employment At Will," CEPR Discussion Papers 19436, C.E.P.R. Discussion Papers.
- Ioannis Kospentaris, 2021.
"Unobserved Heterogeneity and Skill Loss in a Structural Model of Duration Dependence,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 39, pages 280-303, January.
- Ioannis Kospentaris, 2020. "Online Appendix to "Unobserved Heterogeneity and Skill Loss in a Structural Model of Duration Dependence"," Online Appendices 19-483, Review of Economic Dynamics.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Fernández-Blanco, Javier & Preugschat, Edgar, 2018.
"On the effects of ranking by unemployment duration,"
European Economic Review, Elsevier, vol. 104(C), pages 92-110.
- Fernandez-Blanco, Javier & Preugschat, Edgar, 2017. "On the effects of ranking by unemployment duration," MPRA Paper 85310, University Library of Munich, Germany.
- Davoodalhosseini, Seyed Mohammadreza, 2019.
"Constrained efficiency with adverse selection and directed search,"
Journal of Economic Theory, Elsevier, vol. 183(C), pages 568-593.
- Mohammad Davoodalhosseini, 2017. "Constrained Efficiency with Adverse Selection and Directed Search," Staff Working Papers 17-15, Bank of Canada.
- Pedro Gomes & Javier Fernandez-Blanco, 2013. "On the Composition Effects on the Labor Market Outcomes," 2013 Meeting Papers 561, Society for Economic Dynamics.
- Davoodalhosseini, Seyed Mohammadreza, 2022.
"Optimal taxation in asset markets with adverse selection,"
European Economic Review, Elsevier, vol. 147(C).
- Seyed Mohammadreza Davoodalhosseini, 2020. "Optimal Taxation in Asset Markets with Adverse Selection," Staff Working Papers 20-11, Bank of Canada.
- Francisco M. Gonzalez & Shouyong Shi, 2010.
"An Equilibrium Theory of Learning, Search, and Wages,"
Econometrica, Econometric Society, vol. 78(2), pages 509-537, March.
- Francisco M. Gonzalez & Shouyong Shi, 2008. "An Equilibrium Theory of Learning, Search and Wages," Working Papers tecipa-328, University of Toronto, Department of Economics.
- Francisco M. Gonzalez & Shouyong Shi, 2009. "An Equilibrium Theory of Learning, Search and Wages," Working Papers tecipa-384, University of Toronto, Department of Economics.
- Shouyong Shi & Francisco Gonzalez, 2009. "An Equilibrium Theory of Learning, Search and Wages," 2009 Meeting Papers 27, Society for Economic Dynamics.
- Delacroix, Alain & Shi, Shouyong, 2013.
"Pricing and signaling with frictions,"
Journal of Economic Theory, Elsevier, vol. 148(4), pages 1301-1332.
- Alain Delacroix & Shouyong Shi, 2007. "Pricing and Signaling with Frictions," Working Papers tecipa-298, University of Toronto, Department of Economics.
- Alain Delacroix & Shouyong Shi, 2012. "Pricing and Signaling with Frictions," Working Papers tecipa-455, University of Toronto, Department of Economics.
- Leo Kaas & Philipp Kircher, 2015.
"Efficient Firm Dynamics in a Frictional Labor Market,"
American Economic Review, American Economic Association, vol. 105(10), pages 3030-3060, October.
- Philipp Kircher & Leo Kaas, 2010. "Efficient Firm Dynamics in a Frictional Labor Market," 2010 Meeting Papers 89, Society for Economic Dynamics.
- Philipp Kircher & Leo Kaas, 2013. "Efficient firm dynamics in a frictional labor market," 2013 Meeting Papers 160, Society for Economic Dynamics.
- Kaas, Leo & Kircher, Philipp, 2011. "Efficient Firm Dynamics in a Frictional Labor Market," IZA Discussion Papers 5452, Institute of Labor Economics (IZA).
- Leo Kaas & Philipp Kircher, 2011. "Efficient Firm Dynamics in a Frictional Labor Market," CESifo Working Paper Series 3336, CESifo.
- Leo Kaas & Philipp Kircher, 2015. "Efficient Firm Dynamics in a Frictional Labor Market," Working Paper Series of the Department of Economics, University of Konstanz 2015-09, Department of Economics, University of Konstanz.
- Leo Kaas & Philipp Kircher, 2011. "Efficient Firm Dynamics in a Frictional Labor Market," Working Paper Series of the Department of Economics, University of Konstanz 2011-01, Department of Economics, University of Konstanz.
- Horton, John J. & Johari, Ramesh & Kircher, Philipp, 2021. "Cheap Talk Messages for Market Design: Theory and Evidence from a Labor Market with Directed," LIDAM Discussion Papers CORE 2021033, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Jerez, Belén, 2014. "Competitive equilibrium with search frictions: A general equilibrium approach," Journal of Economic Theory, Elsevier, vol. 153(C), pages 252-286.
- Michael W. L. Elsby & Ryan Michaels & David Ratner, 2015. "The Beveridge Curve: A Survey," Journal of Economic Literature, American Economic Association, vol. 53(3), pages 571-630, September.
- Jerez, Belén, 2017. "Competitive search equilibrium with multidimensional heterogeneity and two-sided ex-ante investments," Journal of Economic Theory, Elsevier, vol. 172(C), pages 202-219.
- Menzio, Guido & Shi, Shouyong & Sun, Hongfei, 2013.
"A monetary theory with non-degenerate distributions,"
Journal of Economic Theory, Elsevier, vol. 148(6), pages 2266-2312.
- Shouyong Shi & Hongfei Sun & Guido Menzio, 2009. "Monetary Theory with Non-degenerate Distributions," 2009 Meeting Papers 172, Society for Economic Dynamics.
- Guido Menzio & Shouyong Shi & Hongfei Sun, 2013. "A Monetary Theory with Non-degenerate Distributions," Working Papers tecipa-495, University of Toronto, Department of Economics.
- Guido Menzio & Shouyong Shi & Hongfei Sun, 2011. "A Monetary Theory with Non-Degenerate Distributions," PIER Working Paper Archive 11-009, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Guido Menzio & Amy Hongfei Sun & Shouyong Shi, 2011. "A Monetary Theory With Non-degenerate Distributions," Working Paper 1264, Economics Department, Queen's University.
- Shouyong Shi & Hongfei Sun & Guido Menzio, 2010. "A Monetary Theory with Non-Degenerate Distributions," 2010 Meeting Papers 598, Society for Economic Dynamics.
- Guido Menzio & Shouyong Shi & Hongfei Sun, 2011. "A Monetary Theory with Non-Degenerate Distributions," Working Papers tecipa-425, University of Toronto, Department of Economics.
- George J. Mailath & Andrew Postlewaite & Larry Samuelson, 2017.
"Premuneration Values and Investments in Matching Markets,"
Economic Journal, Royal Economic Society, vol. 127(604), pages 2041-2065, September.
- George Mailath & Andrew Postlewaite & Larry Samuelson, 2012. "Premuneration Values and Investments in Matching Markets," PIER Working Paper Archive 12-008, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- George J. Mailath & Andrew Postlewaite & Larry Samuelson, 2015. "Premuneration Values and Investments in Matching Markets," PIER Working Paper Archive 15-034, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 04 Oct 2015.
- George J. Mailath & Andrew Postlewaite & Larry Samuelson, 2013. "Premuneration Values and Investments in Matching Markets," PIER Working Paper Archive 13-060, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- George J. Mailath & Andrew Postlewaite & Larry Samuelson, 2015. "Premuneration Values and Investments in Matching Markets," Levine's Bibliography 786969000000001202, UCLA Department of Economics.
- George J. Mailath & Andrew Posltewaite & Larry Samuelson, 2015. "Premuneration Values and Investments in Matching Markets," Cowles Foundation Discussion Papers 2024, Cowles Foundation for Research in Economics, Yale University.
- Arnaud Chéron & Jean‐Olivier Hairault & François Langot, 2011.
"Age‐Dependent Employment Protection,"
Economic Journal, Royal Economic Society, vol. 121(557), pages 1477-1504, December.
- Chéron, Arnaud & Hairault, Jean-Olivier & Langot, François, 2008. "Age-Dependent Employment Protection," IZA Discussion Papers 3851, Institute of Labor Economics (IZA).
- Arnaud Chéron & Jean-Olivier Hairault & François Langot, 2011. "Age-Dependent Employment Protection," Post-Print hal-00623282, HAL.
- Arnaud Chéron & Jean-Olivier Hairault & François Langot, 2011. "Age-Dependent Employment Protection," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00623282, HAL.
- Arnaud Chéron & Jean-Olivier Hairault & François Langot, 2011. "Age-Dependent Employment Protection," PSE-Ecole d'économie de Paris (Postprint) hal-00623282, HAL.
- Mangin, Sephorah, 2017.
"A theory of production, matching, and distribution,"
Journal of Economic Theory, Elsevier, vol. 172(C), pages 376-409.
- Sephorah Mangin, 2015. "A Theory of Production, Matching, and Distribution," Monash Economics Working Papers 27-15, Monash University, Department of Economics.
- Sattinger, Michael, 2006.
"Overlapping labour markets,"
Labour Economics, Elsevier, vol. 13(2), pages 237-257, April.
- Michael Sattinger, 2003. "Overlapping Labor Markets," Discussion Papers 03-06, University at Albany, SUNY, Department of Economics.
- Arne F. Lyshol & Plamen T. Nenov & Thea Wevelstad, 2021. "Duration Dependence and Labor Market Experience," LABOUR, CEIS, vol. 35(1), pages 105-134, March.
- Seyed Mohammadreza Davoodalhosseini, 2020.
"Adverse Selection With Heterogeneously Informed Agents,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 61(3), pages 1307-1358, August.
- Mohammad Davoodalhosseini, 2018. "Adverse Selection with Heterogeneously Informed Agents," Staff Working Papers 18-7, Bank of Canada.
- Michèle Belot & Philipp Kircher & Paul Muller, 2022.
"How Wage Announcements Affect Job Search—A Field Experiment,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 14(4), pages 1-67, October.
- Michèle Belot & Philipp Kircher & Paul Muller, 2018. "How Wage Announcements Affect Job Search - A Field Experiment," CESifo Working Paper Series 7302, CESifo.
- Belot, Michèle & Kircher, Philipp & Muller, Paul, 2018. "How Wage Announcements Affect Job Search: A Field Experiment," IZA Discussion Papers 11814, Institute of Labor Economics (IZA).
- Belot, Michele & Kircher, Philipp & Muller, Paul, 2018. "How wage announcements affect job search - a field experiment," Working Papers in Economics 739, University of Gothenburg, Department of Economics.
- Kircher, Philipp & Belot, Michèle, 2018. "How wage announcements affect job search - a field experiment," CEPR Discussion Papers 13286, C.E.P.R. Discussion Papers.
- Briana Chang, 2011. "Adverse Selection and Liquidity Distortion in Decentralized Markets," 2011 Meeting Papers 157, Society for Economic Dynamics.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:scandj:v:119:y:2017:i:2:p:375-404. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1467-9442 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.