Lilla, Marco; Staffolani, Stefano; BROCCOLINI, Chiara - Dipartimento di Scienze Economiche e Sociali, Facoltà … - 2010
Assuming random matching productivity, we present a search equilibrium model where each match ends in a vacancy, in a temporary job or in a permanent job. Centralized bargaining sets the wage rate of permanent workers whereas rms decide unilaterally the wage rate of temporary workers. In this...