The rise of the added worker effect

Arbeitspapier

We document that the added worker effect (AWE) has increased over the last three decades. We develop a search model with two earner households and we illustrate that the increase in the AWE from the 1980s to the 2000s can be explained through i) the narrowing of the gender pay gap, ii) changes in the frictions in the labor market and iii) changes in the labor force participation costs of married women.

Object Details

• ISBN: 978-3-95729-246-9
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Bundesbank Discussion Paper ; No. 10/2016

Classification and Topics

• Classification: Wirtschaft ; Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity ; Marriage; Marital Dissolution; Family Structure; Domestic Abuse ; Unemployment: Models, Duration, Incidence, and Job Search
• Subject: Heterogeneous Agents ; Family Self Insurance ; Dual Earner ; Unemployment ; Labor Market Search

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Mankart, Jochen ; Oikonomou, Rigas
• Event: Veröffentlichung
• (who): Deutsche Bundesbank
• (where): Frankfurt a. M.
• (when): 2016

Further information

• Handle: http://hdl.handle.net/10419/130750
• Last update: 10.03.2025, 11:43 AM CET