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We present a model with search frictions and heterogeneous agents that allows us to decompose the overall increase in US wage inequality in the last 30 years into its within- and between-firm and skill components. We calibrate the model to evaluate how much of the overall rise in wage inequality...
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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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This article explores whether a relationship exists between the skill shortages that a market faces, and the wages in … that workers in markets with higher levels of skill shortages receive higher wages, although this effect is minimal. For …
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differ in their productivities. Wages are dispersed because of search frictions and workers' productivity differentials. The …
Persistent link: https://www.econbiz.de/10013098341
firms differ in their productivities. Wages are dispersed because of search frictions and workers' productivity …
Persistent link: https://www.econbiz.de/10013098818
firms differ in their productivities. Wages are dispersed because of search frictions and workers' productivity …
Persistent link: https://www.econbiz.de/10009656069