Kushnir, Alexey - Fondazione ENI Enrico Mattei (FEEM) - 2010
Some labor markets have recently developed formal signalling mechanisms, e.g. the signalling for interviews in the job … market for new Ph.D. economists. We evaluate the effect of such mechanisms on two-sided matching markets by considering a … signalling mechanism is harmful for this environment. Though signals transmit previously unavailable information, they also …