Event

Job Search, Wages, and Inflation by Laura Pilossoph

Join Dr Laura Pilossoph for this event, which is part of the Macroeconomics Research Seminar Series, Autumn Term 2022

  • Fri 7 Oct 22

    13:00 - 14:30

  • Colchester Campus

    5B.307

  • Event speaker

    Laura Pilssoph

  • Event type

    Lectures, talks and seminars
    Macroeconomics Research Seminar Series

  • Event organiser

    Economics, Department of

Join Laura Pilossoph as they present their Macro research on Job Search, Wages, and Inflation

Job Search, Wages, and Inflation by Laura Pilossoph

Join us for this weeks Macroeconomics Research Seminar, Autumn Term 2022.

Dr Laura Pilossoph from Trinity College of Arts and Sciences at Duke University will present this weeks Macroeconomics seminar on Job Search, Wages, and Inflation

This seminar will be held on campus in the Economics Common Room at 1pm on Friday 7 October. This event is open to all levels of study and is also open to the public. To register your place, please contact the seminar organisers.

Abstract

How does inflation effect the job search behaviour of workers, given that wages are typically set in nominal terms? Using data from the Survey of Consumer Expectations, we show that currently employed households who expect higher inflation are more likely to search for jobs and are more likely to have a job-to-job transition over the short term. We then develop a search model with search on the job in which wages are set in nominal terms, and workers endogenously search for outside offers. In the model, workers search harder when inflation rises, consistent with the data.

This event is part of the Macroeconomics Research Seminar Series.

 

A lady handling money
Contact the seminar organisers
Dr Alexander Clymo Department of Economics
University of Essex
Department of Economics University of Essex
Wivenhoe Park, Colchester, CO4 3SQ
Telephone: 01206 872728

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