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matching technology and the prevailing surplus sharing rule. The model can be solved for the equilibrium submission fee, desk …
Persistent link: https://www.econbiz.de/10010930229
This paper proposes a new explanation of the job quality issue in search and matching models, which is not based on … matching and intrafirm bargaining model in which large firms hire workers on a frictional labour market and decide to destroy …
Persistent link: https://www.econbiz.de/10008839536
In view of the recent proposals on banking reform in the wake of the recent global economic crisis, this paper identifies some efficiency gains associated with narrow banking using an approach based on search theory. It is herein shown that the optimal allocation of resources can be...
Persistent link: https://www.econbiz.de/10010558720