employment as well as in the skilled wage premia, as observed in OECD countries. These implications can be reversed, however, as …

The estimates of the structural parameters of a job separations model derived from the theory of on-the-job search are … dispersion across employers exists in the sense that different employers offer different wages to the same worker, the theory … some cases all of the employment effect, defined as the difference between median wage earned by employed workers and the …

) income distribution dynamics, intergenerational community formation and growth. In a world in which redistributive policies …

Most models of labor markets and (un)employment neglect how competition among firms or sectors of the economy affects … by price competition. A special advantage of such a framework is that one can distinguish two kinds of employment effects …