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This paper presents a general equilibrium assignment model of workers to tasks with endogenous supply of skills. The model has 2 key features. First, skills are endogenous and multidimensional. Sec- ond, two types of assignment occur; workers self-select the type of skills to supply and …rms...
Persistent link: https://www.econbiz.de/10010616281
This paper proposes an assignment model where sorting occurs on at- tributes that are simultaneously a skill (Sattinger, 1979) and a preference (Tinbergen, 1956). The key feature of this model is that the wage func- tion admits both jobs and workers attributes as arguments. Since this function...
Persistent link: https://www.econbiz.de/10010565786
This paper proposes an equilibrium theory of the organization of work in an economy with an implicit market for productive time. In this market, agents buy or sell productive time. This implicit mar- ket gives rise to the formation of teams, organized in hierarchies with one leader (buyer) at...
Persistent link: https://www.econbiz.de/10010565787
Which and how many attributes are relevant for the sorting of agents in a matching market? This paper adresses these questions by constructing indices of mutual attractiveness that aggregate information about agents' attributes. The rst k indices for agents on each side of the market provide the...
Persistent link: https://www.econbiz.de/10010925457