Broersma, Lourens; Butter, Frank A.G. den; Kock, Udo - Faculteit der Economische Wetenschappen en … - 2003
In flow models of the labor market, wages are determined by negotiations between workers and employers on the surplus value of a realized match. From this perspective, this paper presents an econometric analysis of the influence of labor market flows on wage formation as an alternative to the...