Michelacci, Claudio; Pijoan-Mas, Josep - C.E.P.R. Discussion Papers - 2013
workers can supply longer hours, we show that the equilibrium features positive assortative matching (higher skilled workers … market but supply longer hours on the job. This mechanism can explain why, as male wage inequality has increased in the US …, labor force participation of male workers of different skills has fallen while their working hours have increased. …