Sequential Job Posting and Equilibrium Wage Dispersion with Bunching

2021 ◽  
Author(s):  
Junjie Guo
Keyword(s):  
2020 ◽  
Vol 4 (4) ◽  
pp. 1-14
Author(s):  
Farrukh Mahmood ◽  
Shumaila Hashim ◽  
Uzma Iram ◽  
Muhammad Zubair Chishti

Wage disparities research hardly incorporate for the cost of living differences due to data restriction, while the wage disparity issue is the crucial area of economist interest. The study aims to examine the wage disparities between high and low wage cities for Punjab and Sindh province of Pakistan with and without the cost of living, deploying the data of Pakistan Social and Living Standards Measurement Survey (PSLM) with Household Integrated Economic Survey (HIES) for 2005, 2007, 2010, and 2013. Applying the Oaxaca-Blinder estimation method, the findings infer that wage dispersion is high without the cost of living model for both provinces (Punjab and Sindh) as compared to with cost of the living model. Moreover, the results reveal that the wage dispersion is greater in Punjab province than Sindh province. For policymakers, our study suggests that the cost of living is an essential component of the wage dispersion in Pakistan’s cities; it should be considered while formulating for wage policy.


1996 ◽  
Vol 74 (2) ◽  
pp. 319-361 ◽  
Author(s):  
David Card ◽  
Thomas Lemieux

2017 ◽  
Vol 9 (2) ◽  
pp. 1-31 ◽  
Author(s):  
Pawel Krolikowski

Workers who suffer job displacement experience surprisingly large and persistent earnings losses. This paper proposes an explanation for this robust empirical puzzle in a model of search with a significant job ladder and increased separation rates for the recently hired. In addition to capturing the depth and persistence of displaced worker earnings losses, the model matches: employment-to-nonemployment and employer-to-employer probabilities by tenure; the empirical decomposition of earnings losses into reduced wages and employment; observed wage dispersion; and the distribution of wage changes around a nonemployment event. (JEL J31, J63, J64)


1991 ◽  
Vol 37 (4) ◽  
pp. 357-362
Author(s):  
Peter N. Smith ◽  
Stephen H. Thomas
Keyword(s):  

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