Can the Mortensen-Pissarides Model with Productivity Changes Explain U.S. Wage Inequalities?

This paper examines whether the Mortensen-Pisssarides matching model with productivity changes can explain the time pattern of wage inequality. The main finding is that the model produces counter-factual results. The main source of failure seems to be the exogenous matching function and/or the exogenous surplus share, neither of which allows firms to use wage policies to direct workers' searches

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Year of publication:	2001
Authors:	Wong, Linda Y.
Publisher:	[S.l.] : SSRN
Subject:	Lohnstruktur \| Wage structure \| USA \| United States \| Schätzung \| Estimation \| Arbeitsproduktivität \| Labour productivity \| Suchtheorie \| Search theory

Extent:	1 Online-Ressource (34 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Journal of Labor Economics, January 2003
Other identifiers:	10.2139/ssrn.284146 [DOI]
Classification:	J31 - Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc ; J64 - Unemployment: Models, Duration, Incidence, and Job Search ; C78 - Bargaining Theory; Matching Theory
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014034766