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Aggregate Implications of Employer Search and Recruiting Selection

  • Bemjamin Villena-Roldan

    (University of Rochester)

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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File URL: https://economicdynamics.org/meetpapers/2009/paper_97.pdf
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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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Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA

Web page: http://www.EconomicDynamics.org/
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  1. Benjamín Villena Roldán, 2010. "Wage dispersion and Recruiting Selection," Documentos de Trabajo 270, Centro de Economía Aplicada, Universidad de Chile.
  2. van Ours, Jan & Ridder, Geert, 1992. "Vacancies and the Recruitment of New Employees," Journal of Labor Economics, University of Chicago Press, vol. 10(2), pages 138-55, April.
  3. Berg, G.J. & Ridder, G., 1993. "An empirical equilibrium search model of the labour market," Serie Research Memoranda 0039, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
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