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UID:76b14c2bef8b58d7f5de70469bbcdb16
CATEGORIES:Seminars
CREATED:20230308T084410
SUMMARY:Lunch Seminar: Kerstin Holzheu (Sciences Po)
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:<p>Worker Mobility and Firm Productivity</p><p>Abstract:</p><p style="text-
 align: justify;">How are wages determined and how do workers bit up their r
 ents? We suggest a model in which wage posting and wage bargaining firms co
 exist. As a result, workers can increase rents through mobility within as w
 ell across firm types. The model provides an interpretation for mobility ev
 ents with wage increases but to destination firms of apparent lower quality
  as well as for mobility events with wage decreases to apparent higher qual
 ity firms. We estimate model parameters using Austrian matched employer-emp
 loyee data using a novel, unified estimation procedure based on firm exit r
 ates. We find that firm productivity in our model correlates but is distinc
 t from AKM fixed effects, poaching and page ranks of firms.</p>
DTSTAMP:20260407T003158Z
DTSTART:20230324T130000Z
DTEND:20230324T140000Z
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TRANSP:OPAQUE
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