Macro / Labor Seminar
FAU/IAB-Seminar Macroeconomics and Labor Markets
Winter Semester 2021/22
FAU/IAB-Seminar Macroeconomics and Labor Markets in the Winter Semester 2021/22:
We are pleased to invite you to the seminar series on “Macroeconomics and Labor Markets“ organized by the Chair of Macroeconomics at the Friedrich-Alexander University Erlangen-Nuremberg, Prof. Merkl, the Chair of Global Governance at the Friedrich-Alexander University Erlangen-Nuremberg, Prof. Moser, and the Competence Field Macroeconomics of the Institute for Employment Research (IAB). Researchers of both institutions, as well as national and international guests, present their current work at the intersection of labor- and macroeconomics.
The next seminar will be held via Zoom on Tuesday, December 1st, 2 – 3.30 pm (German time):
(The login information will be distributed a day before the seminar)
Jason Faberman (Federal Reserve Bank of Chicago) will talk about:
„Job Search and the Gender Wage Gap“ (joint work with Andreas Mueller and Ayşegül Şahin).
Abstract:
We use a relatively new survey on job search effort and labor market outcomes to examine the contribution of gender differences in the job search and job offer process to the gender wage gap. We document two new facts about gender differences in job search behavior. First, women exert more job search effort than men, though the scope of jobs they search for differ considerably. In particular, women are more likely to seek part-time work, which tends to be lower wage and higher turnover. Second, women’s job search is less elastic (with respect to the wage) than men’s job search. Consistent with this finding, women report a higher valuation of nonwage aspects of a job, such as location, commute time, and hours. Relatedly, we find that the gender gap also exists reported reservation wages. We estimate how these facts contribute to gender differences in the expected returns to job search—i.e., expected earnings per unit of search effort. About 20 percent of the male advantage in expected returns is due to gender differences in employment rates, which reflects the fact that the employed tend to be more effective at generating more and better job offers. Much of the remaining differential is due to gender differences in offer yields (job offers per unit of search effort). Men have higher offer yields than women, conditional on employment status. The gender differential in offer yields reflects a wide variety of factors, both observed and unobserved.
The Preliminary Schedule can be found here.
If you are a researcher and you are interested to join the talks, please send an e-mail to macrolabor.seminar@gmail.com.
Previous Research Seminars