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Aggregate Implications of Employer Search and Recruiting Selection

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  • Bemjamin Villena-Roldan

    (University of Rochester)

Abstract

The calibrated model can replicate moments of the distribution of wages and unemployment durations in CPS data. Using this parametrization, I also show that an increase of screening costs reduces inequality and productive efficiency, and decreases negative externalities on other employers.

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Bibliographic Info

Paper provided by Society for Economic Dynamics in its series 2009 Meeting Papers with number 97.

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Date of creation: 2009
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Handle: RePEc:red:sed009:97

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Cited by:
  1. Benjamín Villena Roldán, 2010. "Wage dispersion and Recruiting Selection," Documentos de Trabajo 270, Centro de Economía Aplicada, Universidad de Chile.
  2. Landais, Camille & Michaillat, Pascal & Saez, Emmanuel, 2010. "Optimal Unemployment Insurance over the Business Cycle," CEPR Discussion Papers 8132, C.E.P.R. Discussion Papers.
  3. Wolthoff, Ronald P., 2010. "Applications and Interviews: A Structural Analysis of Two-Sided Simultaneous Search," IZA Discussion Papers 5416, Institute for the Study of Labor (IZA).
  4. Carl E. Walsh & Federico Ravenna, 2010. "Business Cycles and Labor Market Flows with Sequential Screening," 2010 Meeting Papers 571, Society for Economic Dynamics.

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