A Cointegration Model for Search Equilibrium Wage Formation.
In flow models of the labor market, wages are determined by negotiations between workers and employers on the surplus value of a realized match. From this perspective, this paper presents an econometric analysis of the influence of labor market flows on wage formation as an alternative to the tradit...
Autor Corporativo: | |
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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2004.
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Colecção: | IMF Working Papers; Working Paper ;
No. 2004/092 |
Acesso em linha: | Full text available on IMF |