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...
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| 格式: | 雜誌 |
| 語言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2004.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 2004/092 |
| 在線閱讀: | Full text available on IMF |