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Essays on Labor Market with Heterogeneous Workers
Başlık:
Essays on Labor Market with Heterogeneous Workers
Yazar:
Gil, Eunsun, author.
ISBN:
9780438051539
Yazar Ek Girişi:
Fiziksel Tanımlama:
1 electronic resource (227 pages)
Genel Not:
Source: Dissertation Abstracts International, Volume: 79-10(E), Section: A.
Advisors: Rasmus Lentz Committee members: Lindsay Jacobs; John Kennan; Christopher Taber.
Özet:
The essays in my dissertation examine how economic downturn and job composition affect heterogeneous workers in the labor market.
In Chapter 1, I assert that slow recovery in aggregate employment compared to aggregate output in the United States consist of jobless growth in manufacturing and information industries. I observe the industrial transition of unemployed workers to demonstrate labor reallocation triggered by a decline of middle-wage jobs. I simulate the jobless growth and vertical reallocation in general equilibrium model with sorting and optimal submarket choices.
In Chapter 2, I quantify recession effect on annual labor income for heterogeneous workers. I find that low-wage workers earn less annually mostly because of lower working hours through unemployment, whereas high-wage workers lose their annual earnings primarily due to lower hourly rates of job-to-job transition. I explain decreasing layoff risk (extensive margin) and increasing wage-cut risk (intensive margin) to previous wage rate in an on-the-job search model with real business cycles.
In Chapter 3, I reassess transitional dynamics of unemployment and vacancy rate in a homogeneous agents search model, by allowing sunk entry costs and discrete productivity process. The entry costs allow a positive outside option for a vacant firm so that an outside firm and vacant firm make different labor market participation and hiring choices. When economy transit between two steady-state equilibria, the vacancy rate is no more a jump variable, and an outward (inward) shift is expected before reaching a low (high) productivity equilibrium.
Notlar:
School code: 0262
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Yer Numarası | Demirbaş Numarası | Shelf Location | Lokasyon / Statüsü / İade Tarihi |
---|---|---|---|
XX(682749.1) | 682749-1001 | Proquest E-Tez Koleksiyonu | Arıyor... |
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