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We examine wage competition in a model where identical workers choose the number of jobs to apply for and identical firms simultaneously post a wage. The Nash equilibrium of this game exhibits the following properties: (i) an equilibrium where workers apply for just one job exhibits unemployment...
Persistent link: https://www.econbiz.de/10010325469
We examine wage competition in a model where identical workers choose the number of jobs to apply for and identical firms simultaneously post a wage. The Nash equilibrium of this game exhibits the following properties: (i) an equilibrium where workers apply for just one job exhibits unemployment...
Persistent link: https://www.econbiz.de/10010261061
We examine wage competition in a model where identical workers choose the number of jobs to apply for and identical firms simultaneously post a wage. The Nash equilibrium of this game exhibits the following properties: (i) an equilibrium where workers apply for just one job exhibits unemployment...
Persistent link: https://www.econbiz.de/10010275862
We study a search model where workers can send multiple applications to high and low productivity firms. Firms that …, the equilibrium outcomes are the same under directed and random search. Allowing for free entry creates a second source of …
Persistent link: https://www.econbiz.de/10010274013
We analyse a model of equilibrium directed search in a large labour market. Each worker, observing the wages posted at …
Persistent link: https://www.econbiz.de/10010324801
We propose a spatial search-matching model where both job creation and job destruction are endogenous. Workers are ex …
Persistent link: https://www.econbiz.de/10010320389
We analyze the welfare and employment effects of different wage bargaining regimes. Within the large firm search model …
Persistent link: https://www.econbiz.de/10010427560
We present a Search and Matching model with heterogeneous workers (entrants and incumbents) that replicates the …
Persistent link: https://www.econbiz.de/10010276656
, using a dynamic search and matching model a la Mortensen and Pissarides (1994), we show that it may be not any more the case …
Persistent link: https://www.econbiz.de/10010262317
This paper examines wage dispersion and wage dynamics in a stock-flow matching economy with on-the-job search. Under …
Persistent link: https://www.econbiz.de/10010268976