Gaumont, Damien; Schindler, Martin; Wright, Randall - In: Topics in Macroeconomics 6 (2006) 2, pp. 1462-1462
Search models with wage posting and match-specific heterogeneity generate wage dispersion. Given K values for the match-specific variable, it is known that there are K reservation wages that could be posted, but generically never more than two actually are posted in equilibrium. What is unknown...
