James Albrecht
Datos Biográficos
| ID | 3605261 |
|---|---|
| NOMBRE | James Albrecht |
| NOMBRES | James |
| APELLIDO | Albrecht |
| FIRMA | ALBRECHT J |
| AFILIACIONES | Georgetown University |
| ORCID | 0000-0003-1863-1284 |
| VERIFICADO | Sí |
| TOTAL DE OBRAS | 11 |
| TOTAL DE CITAS | 51 |
| TOTAL COMO AUTOR | 11 |
| TOTAL COMO EDITOR | 0 |
| PRIMER AÑO DE PUBLICACIÓN | 1984 |
| AÑO MÁS RECIENTE DE PUBLICACIÓN | 2020 |
| ÍNDICE H | 3 |
Directed Search with Phantom Vacancies
Public-sector Employment in an Equilibrium Search and Matching Model
We extend the Diamond–Mortensen–Pissarides model of equilibrium unemployment to incorporate public-sector employment. We calibrate our model to Colombian data and analyse the effects of public-sector wage and employment policy on the unemployment rate, on the division of employment between the private and public sectors, and on the distributions of wages in the two sectors
An Equilibrium Search Model of Synchronized Sales
We demonstrate the existence of periodic nonstationary equilibria with self‐generating cycles in a simple model of random search. Our results provide a theory of synchronized sales based on product market search by heterogeneous consumers. That is, our model explains how it can be optimal for all sellers to follow a repeated pattern of posting a high price for several periods and then posting a low price for one period
Unionization and the Evolution of the Wage Distribution in Sweden
Using the 1968, 1981, and 2000 Swedish Level of Living Surveys, the authors examine the evolution of the wage distribution in Sweden over the periods 1968-1981 and 1981-2000. The first period was the heyday of the Swedish solidarity wage policy with strong equalization clauses in the central wage agreements. During the second period, there was more flexibility for firms to adjust wages to reflect conditions such as labor shortages in particular f…
The Effects of Labour Market Policies in an Economy with an Informal Sector
In this article, we build an equilibrium search and matching model of an economy with an informal sector. Our model extends Mortensen and Pissarides (1994) by allowing for "ex ante" worker heterogeneity with respect to formal-sector productivity. We use the model to analyse the effects of labour market policy on informal-sector and formal-sector output, on the division of the workforce into unemployment, informal-sector employment and formal-sect…
A quantile regression decomposition of urban–rural inequality in Vietnam
Equilibrium Search with Time‐Varying Unemployment Benefits
In this paper, we show how time-varying unemployment benefits can generate equilibrium wage dispersion in an economy in which identical firms post wages and homogeneous workers search for acceptable offers. We allow for matching frictions and for free entry and exit of vacancies, and we model time-varying unemployment benefits in a simple and natural way. We characterize the equilibrium, and we derive the comparative statics effects of changes in…
Is There a Glass Ceiling in Sweden?
Using 1998 data, we show that the gender log wage gap in Sweden increases throughout the wage distribution and accelerates in the upper tail. We interpret this as a strong glass ceiling effect. We use quantile regression decompositions to examine whether this pattern can be ascribed primarily to gender differences in labor market characteristics or in the rewards to those characteristics. Even after extensive controls for gender differences in ag…
Career Interruptions and Subsequent Earnings
This paper reexamines the link between career interruptions and subsequent wages. Using a rich new Swedish dataset, we are able to disaggregate time out of work into several components. Regressing ...
The Efficiency of Search under Competition and Monopsony
This paper compares monopsonistic and competitive search equilibria. While the competitive equilibrium is efficient, the monopsonistic equilibrium is not: there is too much search, and the employment rate is too low
An Equilibrium Model of Search Unemployment
This paper develops a simple general equilibrium model with sequential search in which a nondegenerate wage offer distribution is endogenously determined. We use this model to analyze the comparative statics effects of increases in unemployment compensation on the unemployment rate and aggregate welfare taking into account the induced change in the wage offer distribution. Our results differ significantly from the predictions of the standard "par…
A quantile regression decomposition of urban–rural inequality in Vietnam
The Effects of Labour Market Policies in an Economy with an Informal Sector
In this article, we build an equilibrium search and matching model of an economy with an informal sector. Our model extends Mortensen and Pissarides (1994) by allowing for "ex ante" worker heterogeneity with respect to formal-sector productivity. We use the model to analyse the effects of labour market policy on informal-sector and formal-sector output, on the division of the workforce into unemployment, informal-sector employment and formal-sect…
An Equilibrium Model of Search Unemployment
This paper develops a simple general equilibrium model with sequential search in which a nondegenerate wage offer distribution is endogenously determined. We use this model to analyze the comparative statics effects of increases in unemployment compensation on the unemployment rate and aggregate welfare taking into account the induced change in the wage offer distribution. Our results differ significantly from the predictions of the standard "par…
Public-sector Employment in an Equilibrium Search and Matching Model
We extend the Diamond–Mortensen–Pissarides model of equilibrium unemployment to incorporate public-sector employment. We calibrate our model to Colombian data and analyse the effects of public-sector wage and employment policy on the unemployment rate, on the division of employment between the private and public sectors, and on the distributions of wages in the two sectors
Unionization and the Evolution of the Wage Distribution in Sweden
Using the 1968, 1981, and 2000 Swedish Level of Living Surveys, the authors examine the evolution of the wage distribution in Sweden over the periods 1968-1981 and 1981-2000. The first period was the heyday of the Swedish solidarity wage policy with strong equalization clauses in the central wage agreements. During the second period, there was more flexibility for firms to adjust wages to reflect conditions such as labor shortages in particular f…
The Efficiency of Search under Competition and Monopsony
This paper compares monopsonistic and competitive search equilibria. While the competitive equilibrium is efficient, the monopsonistic equilibrium is not: there is too much search, and the employment rate is too low
An Equilibrium Model of Search Unemployment
This paper develops a simple general equilibrium model with sequential search in which a nondegenerate wage offer distribution is endogenously determined. We use this model to analyze the comparative statics effects of increases in unemployment compensation on the unemployment rate and aggregate welfare taking into account the induced change in the wage offer distribution. Our results differ significantly from the predictions of the standard "par…
The Efficiency of Search under Competition and Monopsony
This paper compares monopsonistic and competitive search equilibria. While the competitive equilibrium is efficient, the monopsonistic equilibrium is not: there is too much search, and the employment rate is too low
Career Interruptions and Subsequent Earnings
This paper reexamines the link between career interruptions and subsequent wages. Using a rich new Swedish dataset, we are able to disaggregate time out of work into several components. Regressing ...
Is There a Glass Ceiling in Sweden?
Using 1998 data, we show that the gender log wage gap in Sweden increases throughout the wage distribution and accelerates in the upper tail. We interpret this as a strong glass ceiling effect. We use quantile regression decompositions to examine whether this pattern can be ascribed primarily to gender differences in labor market characteristics or in the rewards to those characteristics. Even after extensive controls for gender differences in ag…
Equilibrium Search with Time‐Varying Unemployment Benefits
In this paper, we show how time-varying unemployment benefits can generate equilibrium wage dispersion in an economy in which identical firms post wages and homogeneous workers search for acceptable offers. We allow for matching frictions and for free entry and exit of vacancies, and we model time-varying unemployment benefits in a simple and natural way. We characterize the equilibrium, and we derive the comparative statics effects of changes in…
A quantile regression decomposition of urban–rural inequality in Vietnam
The Effects of Labour Market Policies in an Economy with an Informal Sector
In this article, we build an equilibrium search and matching model of an economy with an informal sector. Our model extends Mortensen and Pissarides (1994) by allowing for "ex ante" worker heterogeneity with respect to formal-sector productivity. We use the model to analyse the effects of labour market policy on informal-sector and formal-sector output, on the division of the workforce into unemployment, informal-sector employment and formal-sect…
Unionization and the Evolution of the Wage Distribution in Sweden
Using the 1968, 1981, and 2000 Swedish Level of Living Surveys, the authors examine the evolution of the wage distribution in Sweden over the periods 1968-1981 and 1981-2000. The first period was the heyday of the Swedish solidarity wage policy with strong equalization clauses in the central wage agreements. During the second period, there was more flexibility for firms to adjust wages to reflect conditions such as labor shortages in particular f…
An Equilibrium Search Model of Synchronized Sales
We demonstrate the existence of periodic nonstationary equilibria with self‐generating cycles in a simple model of random search. Our results provide a theory of synchronized sales based on product market search by heterogeneous consumers. That is, our model explains how it can be optimal for all sellers to follow a repeated pattern of posting a high price for several periods and then posting a low price for one period
Public-sector Employment in an Equilibrium Search and Matching Model
We extend the Diamond–Mortensen–Pissarides model of equilibrium unemployment to incorporate public-sector employment. We calibrate our model to Colombian data and analyse the effects of public-sector wage and employment policy on the unemployment rate, on the division of employment between the private and public sectors, and on the distributions of wages in the two sectors
Directed Search with Phantom Vacancies
Economics (11 obras) · Mathematics (7 obras) · Labour economics (6 obras) · Econometrics (5 obras) · Labor market dynamics and wage inequality (5 obras) · Microeconomics (5 obras) · Wage (5 obras) · Demographic economics (4 obras) · Game Theory and Applications (4 obras) · Macroeconomics (4 obras)