This paper analyses the efficiency of the equilibrium allocation in a matching model with two types of workers and jobs … production technologies. Finally, in an extension we derive a tax scheme that restores efficiency and we show how workers …

This paper analyses the efficiency of the equilibrium allocation in a matching model with two types of workers and jobs … production technologies. Finally, in an extension we derive a tax scheme that restores efficiency and we show how workers …

This paper considers a matching model with heterogenous jobs (unskilled and skilled) and workers (low and high …

This paper presents a general-equilibrium model of endogenous skilled-biased technological change and matching …

This paper investigates the efficiency of investments by firms and workers in a matching model with high- and low … inequality arises as a result of the difference in investment costs between the sectors. The efficiency properties of the …

Various forms of efficiency exist in the context of two-sided matching. Following Hylland and Zeckhauser (1979), an … case when the two sides of the markets have preferences, in the "marriage problem." In this case ex-ante efficiency implies … ex-post efficiency, but the converse fails: there are assignments that are ex-post efficient that are not ex …

This paper presents a general-equilibrium model of endogenous skilled-biased technological change and matching …