Broersma, Lourens; Butter, Frank A. G. den; Kock, Udo - In: Journal of Applied Economics IX (2006) November, pp. 235-254
In flow models of the labor market, wages are determined by negotiations between workers and employers on the surplus value of a realized match. From this perspective, this paper presents an econometric analysis of the influence of labor market flows on wage formation as an alternative to the...