| Title: |
Modeling Matched Job-Worker Flows |
| Authors: |
Dale T. Mortensen; Jel-code J |
| Contributors: |
The Pennsylvania State University CiteSeerX Archives |
| Source: |
http://www.faculty.econ.northwestern.edu/faculty/mortensen/flow.pdf. |
| Publication Year: |
1999 |
| Collection: |
CiteSeerX |
| Subject Terms: |
Job Flows; Worker Flows; Labor Market Equilibrium; Wage Distribution |
| Description: |
What can one infer about labor market °ows from matched employer-employee panel data? The purpose of this paper is to sketch possible answers to this question. A general but simple labor market equilibrium model of hire and separation °ows is developed in the paper. The model embodies the hypothesis that worker productivity di®ers across employers and that worker and employer °ows re°ect responses to these di®erences in a labor market characterized by friction. In the modeled market, each agent acts optimally taking as given the wage o®er distribution and market tightness and these in turn are determined by their collective action. The existence of a labor market equilibrium is established under two di®erent wage determination models: rent sharing and wage posting. A demonstration that market °ow parameters, search and recruiting e®ort functions, and the equilibrium wage distribution can be estimated with matched job-work °ow data is the principal contribution of the paper. |
| Document Type: |
text |
| File Description: |
application/pdf |
| Language: |
English |
| Relation: |
http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.200.6422; http://www.faculty.econ.northwestern.edu/faculty/mortensen/flow.pdf |
| Availability: |
http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.200.6422; http://www.faculty.econ.northwestern.edu/faculty/mortensen/flow.pdf |
| Rights: |
Metadata may be used without restrictions as long as the oai identifier remains attached to it. |
| Accession Number: |
edsbas.133B1B35 |
| Database: |
BASE |