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Prices and queues as screening devices in competitive markets
Stiglitz, Joseph E. - In: Economic analysis of markets and games : essays in …, (pp. 128-166). 1992
Persistent link: https://www.econbiz.de/10001284014
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Equilibrium unemployment as a worker screening device
Nalebuff, Barry; Rodriguéz, Andrés; Stiglitz, Joseph E. - 1993
Persistent link: https://www.econbiz.de/10000867430
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Equilibrium Unemployment as a Worker Screening Device
Nalebuff, Barry - 1993
We present a model of the labor market with asymmetric information in which the equilibrium of the' market generates unemployment and job queues so that wages may serve as an effective screening device. This happens because more productive workers -- within any group of individuals with a given...
Persistent link: https://www.econbiz.de/10012474599
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Equilibrium Unemployment as a Worker Screening Device
Nalebuff, Barry J.; Rodríguez-Clare, Andrés; … - 2021
We present a model of the labor market with asymmetric information in which the equilibrium of the' market generates unemployment and job queues so that wages may serve as an effective screening device. This happens because more productive workers -- within any group of individuals with a given...
Persistent link: https://www.econbiz.de/10013225948
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Information and economic efficiency
Arnott, Richard - 1993
Persistent link: https://www.econbiz.de/10000880520
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The informational content of initial public offerings
Gale, Ian L.; Stiglitz, Joseph E. - 1990
Persistent link: https://www.econbiz.de/10000786255
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Macroeconomic models with equity and credit rationing
Greenwald, Bruce C. N. - In: Asymmetric information, corporate finance, and investment, (pp. 15-42). 1990
Persistent link: https://www.econbiz.de/10001276534
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Capital market imperfections and regional economic development
Greenwald, Bruce C. N.; Levinson, Alec; Stiglitz, Joseph E. - In: Finance and development : issues and experience ; [a …, (pp. 65-93). 1993
Persistent link: https://www.econbiz.de/10001282728
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Economic organization, information, and development
Stiglitz, Joseph E. - 1988
Persistent link: https://www.econbiz.de/10001328934
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Financial market imperfections and business cycles
Greenwald, Bruce C. N. - In: The quarterly journal of economics 108 (1993) 1, pp. 77-114
Persistent link: https://www.econbiz.de/10001139812