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Equilibrium wage dispersion : an example /

Search models with posting and match-specific heterogeneity generate wage dispersion. Given K values for the match-specific variable, it is known that there are K reservation wages that could be posted, but generically never more than two actually are posted in equilibrium. What is unknown is when w...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Gaumont, Damien (Autor), Schindler, Martin, 1971- (Autor), Wright, Randall, 1956- (Autor)
Autor Corporativo: International Monetary Fund. Research Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Research Dept., 2006.
Colección:IMF working paper ; WP/06/19.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Gaumont, Damien,  |e author. 
245 1 0 |a Equilibrium wage dispersion :  |b an example /  |c prepared by Damien Gaumont, Martin Schindler, and Randall Wright. 
260 |a [Washington, D.C.] :  |b International Monetary Fund, Research Dept.,  |c 2006. 
300 |a 1 online resource (14 pages) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a IMF working paper ;  |v WP/06/19 
504 |a Includes bibliographical references. 
520 |a Search models with posting and match-specific heterogeneity generate wage dispersion. Given K values for the match-specific variable, it is known that there are K reservation wages that could be posted, but generically never more than two actually are posted in equilibrium. What is unknown is when we get two wages, and which wages are actually posted. For an example with K = 3, we show equilibrium is unique; may have one wage or two; and when there are two, the equilibrium can display any combination of posted reservation wages, depending on parameters. We also show how wages, profits, and unemployment depend on productivity. 
588 0 |a Print version record. 
505 0 |a Contents -- I. Introduction -- II. The Model -- III. The Example -- IV. Conclusion -- References 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Equilibrium (Economics)  |x Econometric models. 
650 0 |a Wages  |x Econometric models. 
650 7 |a Equilibrium (Economics)  |x Econometric models  |2 fast 
650 7 |a Wages  |x Econometric models  |2 fast 
700 1 |a Schindler, Martin,  |d 1971-  |e author.  |1 https://id.oclc.org/worldcat/entity/E39PBJjxqjtCpQ4B6vfYVKQDv3 
700 1 |a Wright, Randall,  |d 1956-  |e author.  |1 https://id.oclc.org/worldcat/entity/E39PBJpJ8JCKkgF3K8r6yT8DMP 
710 2 |a International Monetary Fund.  |b Research Department. 
758 |i has work:  |a Equilibrium wage dispersion (Text)  |1 https://id.oclc.org/worldcat/entity/E39PCGbYcG3GvD3hkJ4McTcPry  |4 https://id.oclc.org/worldcat/ontology/hasWork 
830 0 |a IMF working paper ;  |v WP/06/19. 
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