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Author: Barlevy, Gadi
Resulting in 4 citations.
1. |
Barlevy, Gadi |
Identification of Search Models using Record Statistics Review of Economic Studies 75,1 (January 2008): 29-64. Also: http://onlinelibrary.wiley.com/doi/10.1111/j.1467-937X.2007.00459.x/abstract Cohort(s): NLSY79 Publisher: Blackwell Publishing, Inc. => Wiley Online Keyword(s): Income Distribution; Job Tenure; Statistics; Wage Differentials; Wage Growth This paper shows how record-value theory, a branch of statistics that deals with the timing and magnitude of extreme values in sequences of random variables, can be used to recover features of the wage offer distribution in conventional search models. Using National Longitudinal Survey of Youth (NLSY) wage data, I show that the data are not compatible with specifications for the offer distribution characterized by extreme negative skewness. In addition, I show that my approach can be used to construct a bound on the returns to job seniority. My results suggest that job seniority plays only a minor role in the wage growth of the workers surveyed in the NLSY. |
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Bibliography Citation
Barlevy, Gadi. "Identification of Search Models using Record Statistics." Review of Economic Studies 75,1 (January 2008): 29-64.
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2. |
Barlevy, Gadi |
Why Are the Wages of Job Changers So Procyclical? Journal of Labor Economics 19,4 (October 2001): 837-878. Also: http://www.jstor.org/stable/10.1086/322822 Cohort(s): NLSY79 Publisher: University of Chicago Press Keyword(s): Job Tenure; Mobility, Labor Market; Unemployment; Unemployment Insurance; Wages Evidence on wage cyclicality shows job changers have more procyclical wages than job stayers. Previous work argued this arises because workers gain greater access to jobs in sectors such as manufacturing that offer high wages. This article argues that workers who switch jobs in booms enter temporary jobs with unemployment risk and are merely compensated for subsequent losses. I demonstrate that the two explanations can be distinguished using the relationship between unemployment insurance and wage cyclicality among job changers. The evidence supports the compensation hypothesis; that is, that job changers might not experience real gains from higher-paying jobs in booms. |
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Bibliography Citation
Barlevy, Gadi. "Why Are the Wages of Job Changers So Procyclical?" Journal of Labor Economics 19,4 (October 2001): 837-878.
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3. |
Barlevy, Gadi Nagaraja, H.N. |
Estimating Mobility Rates in Search Models with Initial Condition Problems Review of Economic Dynamics 13,4 (October 2010): 780-799. Also:http://www.sciencedirect.com/science/article/pii/S1094202509000672 Cohort(s): NLSY79 Publisher: Society for Economic Dynamics Keyword(s): Job Search; Job Tenure; Job Turnover; Mobility; Modeling, Hazard/Event History/Survival/Duration; Wage Differentials; Wage Growth Permission to reprint the abstract has not been received from the publisher. Previous empirical work on job search has proposed different approaches to estimating mobility rates assumed in models of search. However, these methods either only work for specific models of wage determination, or else require that we know the initial distribution of productivity for workers in our sample. In this paper we show it is possible to estimate mobility rates without having to restrict attention to models in which wages are constant over the course of a job or to assume that the initial distribution of productivity is known. More generally, the approach we propose allows us to freely estimate one degree of unobserved heterogeneity, be it in initial conditions or mobility rates. Applying our results to data from the NLSY suggests that the theoretical restrictions on the initial distribution of productivity implied by the standard model can overstate the extent of frictions to upward mobility. |
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Bibliography Citation
Barlevy, Gadi and H.N. Nagaraja. "Estimating Mobility Rates in Search Models with Initial Condition Problems ." Review of Economic Dynamics 13,4 (October 2010): 780-799. Also:http://www.sciencedirect.com/science/article/pii/S1094202509000672.
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4. |
Barlevy, Gadi Nagaraja, H.N. |
Identification of Search Models with Initial Condition Problems IZA Discussion Paper No. 2061, Institute for the Study of Labor (IZA), April 2006. Also: http://ideas.repec.org/p/nbr/nberwo/12166.html Cohort(s): NLSY79 Publisher: Institute for the Study of Labor (IZA) Keyword(s): Heterogeneity; Job Search; Mobility, Job; Wages, Reservation; Work Histories Permission to reprint the abstract has not been received from the publisher. This paper extends previous work on the identification of search models in which observed worker productivity is imperfectly observed. In particular, it establishes that these models remain identified even when employment histories are left-censored (i.e. we do not get to follow workers from their initial job out of unemployment), as well as when workers set different reservation wages from one another. We further show that allowing for heterogeneity in reservation can affect the empirical estimates we obtain, specifically estimates of the rate at which workers receive job offers. |
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Bibliography Citation
Barlevy, Gadi and H.N. Nagaraja. "Identification of Search Models with Initial Condition Problems." IZA Discussion Paper No. 2061, Institute for the Study of Labor (IZA), April 2006. |