Pérez, José Ignacio García; Sanz, Yolanda Rebollo - Centro de Estudios Andaluces, Government of Andalusia - 2005
We develop a partial equilibrium job search model to analyse wage mobility and its relation to job mobility. The basic job search model is generalized by introducing wage renegotiation at the firm level, on-the-job search and heterogeneity of individuals through the value of time while...