Uren, Lawrence; Virag, Gabor - Közgazdaság-tudományi Intézet, Közgazdaság- és … - 2005
This paper examines the development of wage inequality in the context of a Burdett- Mortensen (1998) model that is extended to incorporate worker heterogeneity through skill requirements in the production process. In this environment, wage dispersion is a natural consequence of firms pursuing...
