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and sending both to the low productivity sector. But, efficiency requires that they apply to both sectors because a higher … matching rate in the high-productivity sector can then be realized with fewer applications (and consequently fewer coordination …
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We show that in a search/matching model with endogenous participation in which workers are heterogeneous with respect …
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equilibrium where workers mix between sending both applications to the high and both to the low productivity sector. Efficiency …
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A large part of the literature on frictional matching in the labor market assumes bilateral meetings between workers …
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and sending both to the low productivity sector. But, efficiency requires that they apply to both sectors because a higher … matching rate in the high-productivity sector can then be realized with fewer applications (and consequently fewer coordination …
Persistent link: https://www.econbiz.de/10011348699