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Human capital theory provides the generally accepted interpretation of the relationship between earnings and labor …
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workers' wages and to explore the factors that contribute to the existence of such mismatch among workers with higher …
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The large research literature in urban labour market analysis is reviewed, with the emphasis ranging from attempts to model aggregate simultaneous interactions between residential and workplace location to more modern econometric work researching individual labour market behaviour. The job...
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differ in their productivities. Wages are dispersed because of search frictions and workers' productivity differentials. The …
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firms differ in their productivities. Wages are dispersed because of search frictions and workers' productivity …
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capital accumulation. In the model workers differ in their innate abilities and firms in their productivities. Wages are …
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