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We propose a model where employers have two types of prejudices: racial and spatial discriminations. Because of the rst one, black workers have less chance than white workers to nd a job. Because of the second one, workers living closer to the city-center have less chances than suburban workers...
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We consider a continuum of unemployed workers ranked according to their unemployment duration. There are two industries, a high and a low technology one, which compete imperfectly on the labor market. Once employed, each individual must bear a training cost, which is proportional to his...
Persistent link: https://www.econbiz.de/10005008490
In this paper, we explore a simple model which focuses on the joint role of workers’ heterogeneity and imperfect competition in the endogeneous formation of labor market equilibria. We show that, compared to the competitive case, imperfect competition leads to a misallocation of workers and to...
Persistent link: https://www.econbiz.de/10005008536
We consider a dual labor market with a continuum of heterogeneous workers differentiated by their ability of acquiring a specific skill. In the primary sector, jobs require firm-specific training and firms set efficiency wages. In the secondary sector, wages are competitive and no training is...
Persistent link: https://www.econbiz.de/10005042978