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Author: Engelhardt, Bryan
Resulting in 3 citations.
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Braun, Christine Engelhardt, Bryan Griffy, Benjamin S. Rupert, Peter |
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Testing the Independence of Job Arrival Rates and Wage Offers Labour Economics 63 (April 2020): 101804. Also: https://www.sciencedirect.com/science/article/pii/S0927537120300105 Cohort(s): NLSY97 Publisher: Elsevier Keyword(s): Job Search; Unemployment Insurance; Wage Dynamics Is the arrival rate of a job independent of the wage that it pays? We answer this question by testing whether unemployment insurance alters the job finding rate differentially across the wage distribution. To do this, we use a Mixed Proportional Hazard Competing Risk Model in which we classify quantiles of the wage distribution as competing risks faced by searching unemployed workers. Allowing for flexible unobserved heterogeneity across spells, we find that unemployment insurance increases the likelihood that a searcher matches to higher paying jobs relative to low or medium paying jobs, rejecting the notion that wage offers and job arrival rates are independent. We show that dependence between wages and job offer arrival rates explains 9% of the increase in the duration of unemployment associated with unemployment insurance. |
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Bibliography Citation
Braun, Christine, Bryan Engelhardt, Benjamin S. Griffy and Peter Rupert. "Testing the Independence of Job Arrival Rates and Wage Offers." Labour Economics 63 (April 2020): 101804.
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| 2. |
Engelhardt, Bryan |
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The Effect of Employment Frictions on Crime Journal of Labor Economics 28,3 (July 2010): 677-718. Also: http://www.jstor.org/stable/10.1086/651541 Cohort(s): NLSY79, NLSY97 Publisher: University of Chicago Press Keyword(s): Crime; Incarceration/Jail; Job Search; Training, On-the-Job; Unemployment This article provides estimates on how long it takes for released inmates to find a job and, when they find a job, how less likely they are to be incarcerated. An on-the-job search model with crime is used to model criminal behavior, derive the estimation method, and analyze policies including a job placement program. The results show that the unemployed are incarcerated twice as fast as the employed and take on average 6 months to find a job. The article demonstrates that reducing the average unemployment spell of previously incarcerated criminals by 3 months reduces crime and recidivism by more than 5%. |
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Bibliography Citation
Engelhardt, Bryan. "The Effect of Employment Frictions on Crime." Journal of Labor Economics 28,3 (July 2010): 677-718.
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Engelhardt, Bryan Fuller, David L. |
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Labor Force Participation and Pair-wise Efficient Contracts with Search and Bargaining Labour Economics 19,3 (June 2012): 388-402. Also: http://www.sciencedirect.com/science/article/pii/S0927537112000048 Cohort(s): NLSY97 Publisher: Elsevier Keyword(s): Bargaining Model; Job Search; Labor Force Participation; Wage Models A “constant” wage is pair-wise inefficient in a standard search model when workers endogenously separate from employment. We derive a pair-wise efficient employment contract that involves workers paying a hiring fee (or bond) upon the formation of a match. We estimate the constant wage and pair-wise efficient contract assuming the hiring fee is unobservable, and find evidence to reject the pair-wise efficient contract in favor of the constant wage rule. A counterfactual experiment reveals the current level of labor force participation to be 9.6% below the efficient level, and a structural shift to the pair-wise efficient contract improves welfare by roughly 3.5%. |
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Bibliography Citation
Engelhardt, Bryan and David L. Fuller. "Labor Force Participation and Pair-wise Efficient Contracts with Search and Bargaining." Labour Economics 19,3 (June 2012): 388-402.
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