the United States we find strong evidencefor a systematic concave relationship. An assignment model with search frictions … relationship between wages on the one hand and worker and job type indiceson the other. However, for five European countries and … well. Allowing for unobserved heterogeneity and measurement error, we findthat reservation wages are 25% lower than they …

be attributed to unobserved components in those characteristics. An assignment model with search frictions provides a …. The impact of search frictions on wages is large. Our results relate to the literature on industry wage differentials, on …This Paper presents strong evidence for the concavity of wages in job and worker characteristics by adding second order …

the United States we find strong evidencefor a systematic concave relationship. An assignment model with search frictions … relationship between wages on the one hand and worker and job type indiceson the other. However, for five European countries and … well. Allowing for unobserved heterogeneity and measurement error, we findthat reservation wages are 25% lower than they …

the US we find strong evidence for a systematic concave relation. An assignment model with search frictions provides a … relationship between wages on the one hand and worker and job type indices on the other. However, for five European countries and … for unobserved heterogeneity and measurement error we find that reservation wages are 25% lower than they would be in a …

This paper describes a search model with a continuum of workerand job types, transferable utility and an increasing … benefitscan reduce the loss by serving as a search subsidy. The loss caused by search frictions is higher when worker types are …

social trust, which may have increased the cost of job search or made both parties in the hiring process more risk averse …