Saloniki, Eirini-Christina - 2014
The paper explains the low wages of the disabled in a monopsonistic framework. In the disabled market firms face … different costs of adjustment ("disabled-friendly" firm vs. "disabled-unfriendly" firm), high or low, and offer wages according … Burdett-Mortensen model (1998). Using data from the BHPS, we find that in the post-reform period wages increase for the …