منابع مشابه
Genetic information, obesity, and labor market outcomes.
Economists have argued that obesity may lead to worse labor market outcomes, especially for women. Empirical methods to test this hypothesis have not thus far adequately controlled for the endogeneity of obesity. We use variation in genotype to predict variation in phenotype (obesity). Genetic information from specific genes linked to obesity in the biomedical literature provides strong exogeno...
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I introduce dispersed information in a search and matching model of the labor market, where firms are hit by aggregate and idiosyncratic productivity shocks. The latter induce larger responses in recruiting activity than the former because aggregate shocks are relatively less persistent and have general equilibrium effects which partially offset the change in fundamentals. Informational frictio...
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Idiosyncratic productivity shocks induce larger adjustments to hiring than aggregate shocks, because general equilibrium effects on search frictions and wages partially offset the latter. When firms cannot disentangle the two shocks, they attribute aggregate disturbances partly to idiosyncratic factors and to that extent, respond more aggressively. This translates into increased aggregate volat...
متن کاملInformation transparency, fairness and labor market efficiency
The paper studies the role of information transparency on fairness concerns, welfare and e ciency. When the rm's productivity and ultimately pro ts are revealed, wage o ers induce relatively fair divisions of potential gains and workers respond with higher performance. Workers respond not only to wages but also to rms' intentions concerning fairness. Information transparency serves as a mechani...
متن کاملLabor market pooling , outsourcing and labor contracts
Labor Market Pooling, Outsourcing and Labor Contracts Economic regions, such as urban agglomerations, face external demand and price shocks that produce income risk. Workers in large and diversified agglomerations may benefit from reduced wage volatility, while firms may outsource the production of intermediate goods and realize benefits from Chamberlinian externalities. Firms may also protect ...
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ژورنال
عنوان ژورنال: Employment Research
سال: 2007
ISSN: 1075-8445,1075-8445
DOI: 10.17848/1075-8445.14(3)-2