Equilibrium wage dispersion : an example / prepared by Damien Gaumont, Martin Schindler, and Randall Wright.

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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Bibliographic Details
Main Authors: Gaumont, Damien (Author), Schindler, Martin, 1971- (Author), Wright, Randall, 1956- (Author)
Corporate Author: International Monetary Fund. Research Department
Format: eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, Research Dept., 2006.
Series:IMF working paper ; WP/06/19.
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Online Access:Click for online access