Formalized Employee Search and Labor Demand

In Search of Labor Demand∗

We propose and estimate a novel specification of labor demand which encompasses search frictions and the role of entrepreneurs in new firm creation. Using city-industry variation over four decades, we estimate the wage elasticity of employment demand to be close to -1 at the industry-city level and -0.3 at the city level. We argue that the difference between these estimates reflects the congest...

Local Labor Demand and Child Labor

This paper uses micro data from the Brazilian PNAD between 1981 and 2002 to ascertain the role of local labor demand play in shaping work and schooling decisions of children aged 10-15. Using male adult employment by state and year as a proxy for labor demand, we find evidence that contrary to the widespread view that child labor is procyclical among young children (ages 1012) employment (schoo...

Department of Labor Employee Benefits

Productivity Investment and Labor Force Participation in Search Equilibrium

The present paper contributes to the theoretical analysis of the human capital investment and participation decision of heterogeneous workers in the search and matching framework‎. ‎Its aim is to characterize the equilibrium and to identify the efficiency‎. ‎Here‎, the paper studies search equilibrium and matching to consider the participation decision of heterogeneous workers who have differen...

Labor Demand : Lecture 8 Empirical

Please see Table 4.1: Percentage Distribution of Immigrants and Natives by Educational Attainment, United States and California. In Smith, James P., and Barry Edmonston, eds. The New Americans: Economic, Demographic, and Fiscal Effects of Immigration. Panell on the Demographic and Economic Impacts of Immigration, National Research Council, 1997. Available online at: http://www.nap.edu/catalog/5...