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...
| Korporativní autor: | |
|---|---|
| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
2004.
|
| Edice: | IMF Working Papers; Working Paper ;
No. 2004/092 |
| On-line přístup: | Full text available on IMF |