Showing 1 - 10 of 112
We characterize the equilibrium of a search model with a continuum of job and worker types, wage bargaining, free entry …' bargaining power resolves this inefficiency. Unemployment benefits are a second best alternative to this policy. We establish …
Persistent link: https://www.econbiz.de/10003155785
Persistent link: https://www.econbiz.de/10003311113
20%. This result is hardly sensitive to the bargaining power of workers. Empirically we find both for the Netherlands and …
Persistent link: https://www.econbiz.de/10011309217
This paper characterizes the equilibrium for a large class of search models with two-sided heterogeneity and on-the-job search. Besides the well-known congestion externalities, we show that on-the-job search in combination with monopsonistic wage setting without commitment creates a...
Persistent link: https://www.econbiz.de/10011346489
Persistent link: https://www.econbiz.de/10010372611
Persistent link: https://www.econbiz.de/10002982946
We characterize the equilibrium of a search model with a continuum of job and worker types, wage bargaining, free entry …'; bargaining power resolves this inefficiency. Unemployment benefits are a second best alternative to this policy. We establish …
Persistent link: https://www.econbiz.de/10003121016
Persistent link: https://www.econbiz.de/10010191004
Persistent link: https://www.econbiz.de/10003314813
Persistent link: https://www.econbiz.de/10003331552