2 options
Essays on Labor Markets with Search and Information Frictions / Joonbae Lee.
Connect to full text Available online
View online- Format:
- Book
- Thesis/Dissertation
- Author/Creator:
- Lee, Joonbae, author.
- Language:
- English
- Subjects (All):
- Economics.
- Labor economics.
- Economics--Penn dissertations.
- Penn dissertations--Economics.
- Local Subjects:
- Economics.
- Labor economics.
- Economics--Penn dissertations.
- Penn dissertations--Economics.
- Genre:
- Academic theses.
- Physical Description:
- 1 online resource (121 pages)
- Contained In:
- Dissertations Abstracts International 81-05A.
- Place of Publication:
- [Philadelphia, Pennsylvania] : University of Pennsylvania ; Ann Arbor : ProQuest Dissertations & Theses, 2019.
- Language Note:
- English
- System Details:
- Mode of access: World Wide Web.
- text file
- Summary:
- This dissertation attempts to analyze the wage determination and matching probability in labor markets with search and information frictions. In the first chapter, I provide a theoretical framework to analyze the role of job-to-job transition in a worker's lifetime wage growth. I use the first-price auction models to analyze the wage determination and job-to-job transition process, and formulate the inference problem about a worker's quality revealed through the worker's past job history. By doing so, I characterize the mechanism through which frequent job transitions convey a negative signal about the worker's quality. The second chapter, joint work with Hanna Wang, focuses on the market for entry-level jobs where job seekers send out costly applications in order to match with a potential employer. With the presence of coordination friction, we characterize the matching probability in a market with heterogeneous workers and show how restricting the search effort can improve social welfare. The third chapter reviews the literature on search and information frictions and identifies the contribution of the two earlier papers.
- Notes:
- Source: Dissertations Abstracts International, Volume: 81-05, Section: A.
- Advisors: Burdett, Kenneth; Lester, Benjamin; Committee members: George Mailath; Andrew Postlewaite.
- Department: Economics.
- Ph.D. University of Pennsylvania 2019.
- Local Notes:
- School code: 0175
- ISBN:
- 9781088367322
- Access Restriction:
- Restricted for use by site license.
- This item must not be sold to any third party vendors.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.