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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/20059| Title: | Measuring Labor Market Frictions: A Cross-Country Comparison |
| Keywords: | C4 C5 J3 J6 ddc:330 wages search frictions cross-country comparisons monopsony power minimum wage job search mobility labor market policy Arbeitsmarkt Unvollkommener Markt Arbeitsuche Monopson Frankreich Großbritannien Deutschland Niederlande |
| Issue Date: | 16-Oct-2013 |
| Publisher: | |
| Description: | In this paper we define and estimate measures of labor market frictions using data on job durations. We compare different estimation methods and different types of data. We propose and apply an unconditional inference method that can be applied to aggregate duration data. It does not require wage data, it is invariant to the way in which wages are determined, and it allows workers to care about other job characteristics. The empirical analysis focuses on France, but we perform separate analyses for the USA, the UK, Germany and the Netherlands. We quantify the monopsony power due to search frictions and we examine the policy effects of the minimum wage, unemployment benefits and search frictions. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/20059 |
| Other Identifiers: | http://hdl.handle.net/10419/20059 ppn:367343924 |
| Appears in Collections: | EconStor |
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