Showing 1 - 10 of 937
We characterize the equilibrium of a search model with a continuum of job and worker types, wage bargaining, free entry …' bargaining power resolves this inefficiency. Unemployment benefits are a second best alternative to this policy. We establish …
Persistent link: https://www.econbiz.de/10003155785
Persistent link: https://www.econbiz.de/10003311113
Persistent link: https://www.econbiz.de/10003806880
Persistent link: https://www.econbiz.de/10003850390
welfare gains but gives rise to large wage differentials. -- Job search ; wage bargaining ; wage differentials ; unemployment …
Persistent link: https://www.econbiz.de/10003934491
welfare gains but gives rise to large wage differentials. -- job search ; wage bargaining ; wage differentials ; unemployment …
Persistent link: https://www.econbiz.de/10003935195
welfare gains but gives rise to large wage differentials. -- Job search ; wage bargaining ; wage differentials ; unemployment …
Persistent link: https://www.econbiz.de/10003921136
Persistent link: https://www.econbiz.de/10009552035
Persistent link: https://www.econbiz.de/10011346198
This paper characterizes the equilibrium for a large class of search models with two-sided heterogeneity and on-the-job search. Besides the well-known congestion externalities, we show that on-the-job search in combination with monopsonistic wage setting without commitment creates a...
Persistent link: https://www.econbiz.de/10011346489