Krause, Michael (contributor); Lubik, Thomas A. (contributor) - 2004 - [Elektronische Ressource]
hire unemployed workers. Wages are determined by Nash bargaining for each matched
job-worker unit and continuously … workers approach only good vacancies, while unemployed workers
choose between either job type. Workers in good jobs have no … unemployed workers
search for jobs. All workers in bad jobs search on the job and choose the intensity of search.
Unemployed …