Executive labor market segmentation: How local market density affects incentives and performance

Investment Incentives in Labor Market Matching

In recent years, economists have become increasingly involved in the design of labor market clearinghouses. The design of a marketclearing mechanism affects not only the ex post allocation but also individuals’ ex ante choices, such as those regarding the amounts and types of human capital to acquire. In this paper, we provide an illustration of how the design of labor market–clearing mechanism...

How Important Are Labor Market Institutions for Labor Market Performance in Transition Countries?

How Important Are Labor Market Institutions for Labor Market Performance in Transition Countries? This paper offers a first comprehensive study of the relationship between labor market institutions and policies and labor market performance in the countries of Eastern Europe and Central Asia, which in the last two decades experienced radical economic and institutional transformations. Based on a...

Recalculating - How Uncertainty in Local Labor Market Definitions Affects Empirical Findings

This paper evaluates the use of commuting zones as a local labor market definition. We revisit Tolbert and Sizer (1996) and demonstrate the sensitivity of definitions to two features of the methodology. We show how these features impact empirical estimates using a well-known application of commuting zones. We conclude with advice to researchers using commuting zones on how to demonstrate the ro...

Tax policy and labor market performance∗

In exploring the impact of tax policy on labor-market performance, the paper first investigates how tax reform impacts labor supply and equilibrium unemployment in representative agent models. The impact of tax policy on labor market performance depends importantly on various other labor-market institutions, such as minimum wage laws, wage bargaining, and unemployment benefits. In non-competiti...

Dual Labor Markets: A Theory of Labor Market Segmentation