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Job market signaling and employer learning
Alós-Ferrer, Carlos; Prat, Julien - 2008
This paper extends the job market signaling model of Spence (1973) by allowing firms to learn the ability of their … select a unique separating equilibrium. When the Intuitive Criterion bites and information is purely asymmetric, the …
Persistent link: https://www.econbiz.de/10010268897
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Minimum wage effects on labor market outcomes under search with bargaining
Flinn, Christopher J. - 2003
incorporating a limited amount of information from the demand side of the market, we are able to obtain credible and precise …
Persistent link: https://www.econbiz.de/10010261648
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Preference Signaling in Matching Markets
Coles, Peter - 2010
on this information. In this paper we study how a signaling mechanism, where each worker can send a signal of interest to … ready to provide information about their preferences for particular employers, and employers value and are prepared to act … one employer, facilitates matches in such markets. We find that introducing a signaling mechanism increases the welfare of …
Persistent link: https://www.econbiz.de/10012462472
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An incentive theory of matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2009
Persistent link: https://www.econbiz.de/10003848271
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Efficiency in a search and matching model with endogenous participation
Albrecht, James; Navarro, Lucas; Vroman, Susan - 2009
We show that in a search/matching model with endogenous participation in which workers are heterogeneous with respect …
Persistent link: https://www.econbiz.de/10010269110
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Productivity in cities : self-selection and sorting
Venables, Anthony - 2010
Persistent link: https://www.econbiz.de/10008746881
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Mismatch
Shimer, Robert - In: The American economic review 97 (2007) 4, pp. 1074-1101
Persistent link: https://www.econbiz.de/10003586340
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Identifying sorting : in theory
Eeckhout, Jan; Kircher, Philipp - In: The review of economic studies 78 (2011) 3, pp. 872-906
Persistent link: https://www.econbiz.de/10009234531
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Minimally Altruistic Wages and Unemployment in a Matching Model
Rotemberg, Julio J. - 2008
This paper presents a model in which firms recruit both unemployed and employed workers by posting vacancies. Firms act monopsonistically and set wages to retain their existing workers as well as to attract new ones. The model differs from Burdett and Mortensen (1998) in that its assumptions...
Persistent link: https://www.econbiz.de/10012464892
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Mismatch
Shimer, Robert - 2005
This paper develops a dynamic model of mismatch. Workers and jobs are randomly assigned to labor markets. Each labor market clears at each instant but some labor markets have more workers than jobs, hence unemployment, and some have more jobs than workers, hence vacancies. As workers and jobs...
Persistent link: https://www.econbiz.de/10012466783