Showing 1 - 2 of 2
We introduce different skill groups and production functions into the Burdett-Mortensen equilibrium search model. Supermodularity in the production process leads to a positive intrafirm wage correlation between skill groups. Theory implies that increasing returns to scale can lead to a unimodal...
Persistent link: https://www.econbiz.de/10013318056
Persistent link: https://www.econbiz.de/10005069385