Bowlus, Audra J; Eckstein, Zvi - C.E.P.R. Discussion Papers - 1998
In this paper, we analyse an equilibrium search model with three sources for wage and unemployment differentials among … workers with the same (observed) human capital but different appearance (race): unobserved productivity (skill), search … and unemployment differentials is possible. We show that the structural parameters of the model, including the firm …