Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/130750 
Year of Publication: 
2016
Series/Report no.: 
Bundesbank Discussion Paper No. 10/2016
Publisher: 
Deutsche Bundesbank, Frankfurt a. M.
Abstract: 
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.
Subjects: 
Heterogeneous Agents
Family Self Insurance
Dual Earner
Unemployment
Labor Market Search
JEL: 
E24
J12
J64
ISBN: 
978-3-95729-246-9
Document Type: 
Working Paper

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