This paper studies the impact of skill formation on employment opportunities and wages. Instead of international trade theory or technological progress theory, the paper focuses on labor "skill formation" to investigate the employment discrimination and skill wage inequality in the Chinese labor...

This paper studies the impact of skill formation on employment opportunities and wages. Instead of international trade theory or technological progress theory, the paper focuses on labor "skill formation" to investigate the employment discrimination and skill wage inequality in the Chinese labor...

We use a search model to study how the outside market affects the inside market. Consumers look for price and match information through either a costly sequential search or a monopoly platform, which chooses the number of inside firms. Our analysis finds an equilibrium where each consumer visits...