cover image: N° 2024-9 - TRAINING AND JOB-TO-JOB MOBILITY WITH TRANSFER FEES

N° 2024-9 - TRAINING AND JOB-TO-JOB MOBILITY WITH TRANSFER FEES

13 Oct 2024

Let Ej,t(p, NB) represent the value of employment for the worker, Uj,t the value of nonemployment for the worker, and Jj,t(p, NB) the value of a filled job for the firm. [...] The match surplus now accounts for the possibility of job-to-job mobility and hinges on the ability of the firm-worker pair to capture a share of the surplus gap between the current firm and the poaching firm. [...] In the lower part of the distribution, the positive effect outweighs the negative one, increasing the value of the joint surplus. [...] In the upper part of the distribution, the nega- tive effect dominates the positive one, reducing the value of the joint surplus. [...] In this scenario, the current employer, the worker, and the poaching firm would negotiate a new salary for the worker and a compensation for the former employer, similar to the system used in the soccer market.
Pages
77
Published in
France

Table of Contents