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coordination frictions. Specifically, we consider a search model where workers can apply to high and or low productivity firms … 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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equilibrium where workers mix between sending both applications to the high and both to the low productivity sector. Efficiency … requires however that they apply to both sectors because then the coordination frictions are lowest. For many configurations …
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coordination frictions. Specifically, we consider a search model where workers can apply to high and or low productivity firms … 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
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This paper analyzes assortative matching between employers and employees and its interrelations with the employment … matching. The correlation between both quality measures is positive. Wage gains amount up to 4% when both quality levels are … equal. In a fairly general matching model, this shape of the wage curve arises due to complementarities of qualities in the …
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