Alternative Models of Wage Dispersion.
We analyze labor market models where the law of one price does not hold-that is, models with equilibrium wage dispersion. We begin by assuming workers are ex ante heterogeneous, and highlight a flaw with this approach: if search is costly, the market shuts down. We then assume workers are homogeneou...
| Autor Corporativo: | |
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| Formato: | Revista |
| Lenguaje: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
2005.
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| Colección: | IMF Working Papers; Working Paper ;
No. 2005/064 |
| Acceso en línea: | Full text available on IMF |