Wiring the Labor Market

Wiring the Labor Market

T he labor market is replete with imperfect and asymmetric information. Workers and jobs are naturally heterogeneous, and the quality of their interaction when paired is notoriously difficult to forecast. Workers searching for a job are unlikely to be fully informed about job characteristics, and firms cannot exhaustively screen and negotiate with all applicants. Electronic commerce specificall...

The nurse labor market.

The national shortage of nurses, which grew to crisis proportions in many communities in the late 1970s, has subsided. Recent evidence suggests that hospital nurse vacancy and turnover rates have declined significantly since 1979. The recent swift reversal in the availability of nurses, from shortage to waiting lists in some hospitals, has taken many by surprise. It also raises the possibility ...

The Labor Market: Structural Processes

Assessing the Labor Market Effects

S u m m a r y N early 12 million unauthorized immigrants live in the United States. California is home to about 2.7 million of these immigrants, who make up almost 10 percent of the state's labor force. 1 Currently, legislators in Washington, D.C., are considering a comprehensive reform of federal immigration policies that could include the legalization of unauthorized immigrants. Many observer...

Turnout and the Labor Market

Using county level data from 1969-200 and various OLS and TSLS models, we find that increases in local per capita earnings and employment lowers voter turnout in gubernatorial and Senate elections but has not effect on Presidential turnout. We present a model in which risk-averse agents vote only if sufficiently informed about political candidates. When agents work more, as they do in periods o...