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On‐the‐Job Search and the Wage Distribution

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BJ Christensen, R Lentz, DT Mortensen… - Journal of Labor …, 2005 - JSTOR
The article structually estimates an on-the-job search model of job separations. Given each
employer pays observably equivalent workers the same but wages are dispersed across
employers, an employer's separation flow is the sum of an exogenous outflow unrelated to ...
Cited by 116 - Related articles - Library Search - All 14 versions

An empirical model of growth through product innovation

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R Lentz… - Econometrica, 2008 - Wiley Online Library
Productivity differences across firms are large and persistent, but the evidence for worker
reallocation as an important source of aggregate productivity growth is mixed. The purpose
of this paper is to estimate the structure of an equilibrium model of growth through ...
Cited by 91 - Related articles - BL Direct - All 58 versions

Job search and savings: Wealth effects and duration dependence

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R Lentz… - Journal of Labor Economics, 2005 - JSTOR
This article studies a risk-averse worker's optimal savings and job search behavior as she
moves back and forth between employment and unemployment. We show that job search
effort is negatively related to wealth under the assumption of additively separable utility. ...
Cited by 62 - Related articles - Library Search - BL Direct - All 16 versions

Optimal unemployment insurance in an estimated job search model with savings

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R Lentz - Review of Economic Dynamics, 2009 - Elsevier
This paper estimates a job search model with savings on Danish micro data that include
observations on wealth and wages. Controlling for extensive observed and unobserved
worker characteristics heterogeneity, the estimation relates observed unemployment ...
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PRODUCTIVITY GROWTH AND WORKER REALLOCATION*

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R Lentz… - International Economic Review, 2005 - Wiley Online Library
Productivity dispersion across firms is large and persistent, and worker reallocation among
firms is an important source of productivity growth. An equilibrium model of growth and firm
evolution designed to clarify the role of worker reallocation in the growth process is ...
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Sorting by search intensity

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R Lentz - Journal of Economic Theory, 2010 - Elsevier
In this paper, I characterize matching in an on-the-job search model with endogenous
search intensity, heterogeneous workers and firms, and match surplus is shared between
workers and firms through bargaining. I provide proof of existence and uniqueness of ...
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[PDF] Optimal unemployment insurance in an estimated job search model with savings

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R Lentz - Boston University, Draft, 2003 - econ.ku.dk
Abstract This paper estimates a job search model with savings and determines optimal
unemployment benefit policy for the estimated model. For observed and unobserved worker
characteristics, the estimation strategy relates observed unemployment spell durations to ...
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[PDF] An empirical model of wage dispersion with sorting

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J Bagger… - University of Wisconsin–Madison Working Paper, 2008 - nber.org
Abstract The paper studies contributions to wage dispersion in a model that allows for
sorting in firm-worker matches. The model is a general equilibrium on-the-job search model
with wage formation similar to that of Cahuc, Postel-Vinay, and Robin (2006). Workers ...
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[BOOK] Marriage, wealth, and unemployment duration: A gender asymmetry puzzle

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R Lentz… - 2005 - papers.ssrn.com
Abstract: This note presents evidence of the following gender asymmetry: the job-finding
effort of married men and women is affected by the income of their spouses in opposite
directions. For women, spouse income influences job finding negatively, just as own ...
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Labor Market Models of Worker and Firm Heterogeneity

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R Lentz… - Annu. Rev. Econ., 2010 - annualreviews.org
Microeconomic data on individual firms and employer-employee matches reveal substantial
and persistent dispersion in firm size, productivity, and average wage paid and a positive
correlation between each pair. To the extent that intrinsic differences in firm productivity ...
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Sorting in a general equilibrium on-the-job search model

R Lentz - University of Wisconsin-Madison, mimeograph, 2007 - papers.ssrn.com
Abstract: In this paper, I analyze a general equilibrium on-the-job search model with
endogenous search intensity and heterogenous workers and firms. I provide proof of
existence and uniqueness of steady state equilibrium. In equilibrium equally efficient ...
Cited by 7 - Related articles - All 2 versions

[PDF] Labor market friction, firm heterogeneity, and aggregate employment and productivity

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R Lentz… - Unpublished Working Paper, 2008 - laef.ucsb.edu
Abstract The paper is based on a synthesis of a “product variety” version of the firm life cycle
model developed by K lette and Kortum (2004) and an equilibrium search model of the labor
market with job to job flows introduced by Mortensen (2003). In the construction, a ...
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[CITATION] An Equilibrium Model of Wage Dispersion and Sorting

J Bagger… - 2008 - U Wisconsin mimeo
Cited by 6 - Related articles

[CITATION] nLabor Market Frictions

R Lentz… - Firm Hetero $ geneity, and Aggregate Employment and …, 2008
Cited by 3 - Related articles

[CITATION] nOptimal Unemployment Insurance in an Estimated Job Search Model with Savings, oReview of Economic Dynamics, forthcoming

R Lentz - 2008
Cited by 3 - Related articles

[CITATION] An Equilibrium Model of Wage Dispersion with Sorting

R Lentz - 2008 - working paper, University of …
Cited by 2 - Related articles

[CITATION] mOn $ the $ job Search and the Wage Distribution, nJournal of Labor Economics

BJ Christensen, R Lentz, DT Mortensen… - Jan $ uary, 2005
Cited by 2 - Related articles

[CITATION] VLabor Market Friction, Firm Het% rogeneity, and ProductivityV

R Lentz… - Unpublished paper, 2007
Cited by 2 - Related articles

[CITATION] Unemployment insurance in a structurally estimated job search model with savings

R Lentz - 2001 - mimeo. Northwestern University
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[CITATION] On the size distribution of business firms

Full text - MIT Libraries
R Lentz… - Econo $ metrica, 2008
Cited by 2 - Related articles

[PDF] Optimal Growth Through Product Innovation

[PDF] from nber.org
R Lentz… - 2006 Meeting Papers, 2006 - nber.org
Abstract In Lentz and Mortensen (2005), we formulate and estimate a market equilibrium
model of endogenous growth through product innovation. Based on our parameter
estimates, we provide quantitative equilibrium solutions to the model and compare them ...
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[PDF] Job Search, Savings and Wealth Effects

[PDF] from psu.edu
R Lentz… - manuscript, Northwestern University, 2000 - Citeseer
Abstract In this paper we consider a risk averse worker who at any point in time is either
employed or unemployed; layoffs are random and beyond the worker's influence while the
re-employment chance is directly affected by her search effort. Wealth is used to smooth ...
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Dale Mortensen

R Lentz - The New Palgrave Dictionary of Economics, 2011 - ideas.repec.org
Dale T. Mortensen (born 1939) was awarded the Nobel Prize for Economics in 2010 jointly
with Peter A. Diamond and Christopher A. Pissarides for his work on the analysis of markets
with search frictions. Together, they developed the Diamond-Mortensen-Pissarides Model ...
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Explaining the Decline in the Gender Wage Gap

S Albanesi… - 2004 Meeting Papers, 2004 - ideas.repec.org
Men are generally observed to experience steeper wage increases during their work lives
than women. Furthermore, men generally supply more hours to the labor market than
women. While these observations are no longer as pronounced as they were 50 years ...
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Productivity Differences and Firm Size

DT Mortensen… - 2004 Meeting Papers, 2004 - ideas.repec.org
The purpose of this paper is to develop a framework that allows one to distinguish between
the extent to which differences in firm productivity are intrinsic and the proposition that higher
paying firms employ more able workers. For this purpose, we adapt the equilibrium ...
Cached - All 4 versions

[CITATION] An Empirical Model of Growth Through Product Innovation

DT Mortensen… - 2005 Meeting Papers, 2005 - econpapers.repec.org
Related works: Working Paper: An Empirical Model of Growth Through Product Innovation
(2005) Working Paper: An Empirical Model of Growth Through Product Innovation (2005) Working
Paper: An Empirical Model of Growth Through Product Innovation (2005) Working Paper: ...
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[CITATION] Worker Reallocation and Labor Productivity Growth

R Lentz… - 2006 Meeting Papers, 2006 - econpapers.repec.org
By Rasmus Lentz and Dale T. Mortensen; Abstract: This paper explores labor productivity
growth in a Lentz and Mortensen (2005 a,b) model with labor market. ...
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[CITATION] The Research Agenda: Rasmus Lentz on Heterogeneity in the Labor Market

R Lentz - EconomicDynamics Newsletter, 2009 - econpapers.repec.org
By Rasmus Lentz; Abstract: Rasmus Lentz is Associate Professor of Economics at
the University of Wisconsin-Madison. His research interests lie in. ...
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[CITATION] Job Search and Savings: Theory and Application

R Lentz - 2002 - en.scientificcommons.org
Publikationsansicht. 32113516. Job search and savings : theory and application. (2002).
Lentz, Rasmus. Abstract. Thesis (Ph. D., Economics)--Northwestern University, 2002. Details
der Publikation. Download, http://worldcat.org/oclc/50187467. ...
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