Add to ORKGIn flow models of the labor market, wages are determined by negotiations between workers and employers on the surplus value of a realized match. From this perspective, this paper presents an econometric analysis of the influence of labor market flows on wage formation as an alternative to the traditional specification of wage equations in which unemployment represents Phillips-curve or wage-curve effects. The paper estimates a dynamic wage equation for the Netherlands using a cointegration approach. It finds that labor flows, and notably flows from outside the labor market, are important determinants of both short-run and long-run wage setting. JEL classification codes: J31, C51 Key words: wage curve, labor market flows, cointegration mode
This paper attempts to construct a dynamic model of the labor market which consists of two distincti...
We develop a model of gross job and worker flows and use it to study how the wages, permanent income...
We develop an empirical search-matching model which is suitable for analysing the wage, employment a...
In flow models of the labor market, wages are determined by negotiations between workers and employe...
In flow models of the labor market, wages are determined by negotiations between workers and employe...
This study presents an explorative econometric analysis of the influence of labour market flows on w...
This study presents an explorative econometric analysis of the influence of labour market flows on w...
This study presents an empirical analysis of the influence of labour market flows on wage and price ...
We develop an equilibrium search model that incorporates job-to-job transitions, exhibits instances ...
There seems to be a consensus in current public discussions that supplementary wage cost in Germany ...
In most traditional macro-economic models of the Netherlands the wage equation is specified by a Phi...
An understanding of the determination of real wages is crucial in analyzing the determination of the...
A flow model of the Dutch labour market is used to calculate the efects of autonomouslabour demand a...
The wage level in The Netherlands is, by a large part, determined in collective labour agreements. H...
In this thesis, hourly wage rate data spanning 1978-2018 has been collected to investigate if the wa...
This paper attempts to construct a dynamic model of the labor market which consists of two distincti...
We develop a model of gross job and worker flows and use it to study how the wages, permanent income...
We develop an empirical search-matching model which is suitable for analysing the wage, employment a...
In flow models of the labor market, wages are determined by negotiations between workers and employe...
In flow models of the labor market, wages are determined by negotiations between workers and employe...
This study presents an explorative econometric analysis of the influence of labour market flows on w...
This study presents an explorative econometric analysis of the influence of labour market flows on w...
This study presents an empirical analysis of the influence of labour market flows on wage and price ...
We develop an equilibrium search model that incorporates job-to-job transitions, exhibits instances ...
There seems to be a consensus in current public discussions that supplementary wage cost in Germany ...
In most traditional macro-economic models of the Netherlands the wage equation is specified by a Phi...
An understanding of the determination of real wages is crucial in analyzing the determination of the...
A flow model of the Dutch labour market is used to calculate the efects of autonomouslabour demand a...
The wage level in The Netherlands is, by a large part, determined in collective labour agreements. H...
In this thesis, hourly wage rate data spanning 1978-2018 has been collected to investigate if the wa...
This paper attempts to construct a dynamic model of the labor market which consists of two distincti...
We develop a model of gross job and worker flows and use it to study how the wages, permanent income...
We develop an empirical search-matching model which is suitable for analysing the wage, employment a...