Showing 1 - 2 of 2
characterized by matching frictions and costly screening. When effort in improving ability raises both the mean and the variance of … distribution of firm characteristics, sorting patterns between firms and workers, and unemployment rates that can help explaining …
Persistent link: https://www.econbiz.de/10011250933
We study the equilibrium determinants of firm-level heterogeneity in a model in which firms can choose between different probability distributions when drawing productivity at the entry stage and explore the implications in closed and open economy. One novel result is that export opportunities,...
Persistent link: https://www.econbiz.de/10011250938