Job Matching Wage Dispersion And Unemployment
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Job Matching Wage Dispersion And Unemployment
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Author : Dale T. Mortensen
language : en
Publisher: Oxford University Press, USA
Release Date : 2011-04-28
Job Matching Wage Dispersion And Unemployment written by Dale T. Mortensen and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-04-28 with Business & Economics categories.
A selection of key papers from the winners of the Nobel Memorial Prize 2010. It features their most important work on unemployment, labour market dynamics, and the equilibrium search model.
Unemployment Choice And Inequality
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Author : Michael Sattinger
language : en
Publisher: Berlin ; New York : Springer-Verlag
Release Date : 1985
Unemployment Choice And Inequality written by Michael Sattinger and has been published by Berlin ; New York : Springer-Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with Unemployment categories.
Endogenous Wage And Capital Dispersion On The Job Search And The Matching Technology
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Author : Fernando Galindo-Rueda
language : en
Publisher:
Release Date : 2002
Endogenous Wage And Capital Dispersion On The Job Search And The Matching Technology written by Fernando Galindo-Rueda and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with categories.
Efficiency Wages
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Author : Andrew Weiss
language : en
Publisher:
Release Date : 1990
Efficiency Wages written by Andrew Weiss and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Business & Economics categories.
Uncertainty And The Labour Market
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Author : C. J. McKenna
language : en
Publisher:
Release Date : 1985
Uncertainty And The Labour Market written by C. J. McKenna and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with Business & Economics categories.
Alternative Models Of Wage Dispersion
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Author : Damien Gaumont
language : en
Publisher: International Monetary Fund
Release Date : 2005
Alternative Models Of Wage Dispersion written by Damien Gaumont and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Labor market categories.
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 homogeneous, but matches are ex post heterogeneous. This model is robust to search costs, and it delivers equilibrium wage dispersion. However, we prove the law of two prices holds: generically, we cannot get more than two wages. We explore several other models, including one combining ex ante and ex post heterogeneity, which is robust and can deliver more than two-point wage distributions.
Wage Dispersion
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Author : Dale Mortensen
language : en
Publisher: MIT Press
Release Date : 2003
Wage Dispersion written by Dale Mortensen and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.
A theoretical and empirical examination of wage differentials findsthat traditional theories of competition do not explain why workers with identical skills are paid differently.
Monopsony In Motion
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Author : Alan Manning
language : en
Publisher: Princeton University Press
Release Date : 2013-12-03
Monopsony In Motion written by Alan Manning and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-03 with Business & Economics categories.
What happens if an employer cuts wages by one cent? Much of labor economics is built on the assumption that all the workers will quit immediately. Here, Alan Manning mounts a systematic challenge to the standard model of perfect competition. Monopsony in Motion stands apart by analyzing labor markets from the real-world perspective that employers have significant market (or monopsony) power over their workers. Arguing that this power derives from frictions in the labor market that make it time-consuming and costly for workers to change jobs, Manning re-examines much of labor economics based on this alternative and equally plausible assumption. The book addresses the theoretical implications of monopsony and presents a wealth of empirical evidence. Our understanding of the distribution of wages, unemployment, and human capital can all be improved by recognizing that employers have some monopsony power over their workers. Also considered are policy issues including the minimum wage, equal pay legislation, and caps on working hours. In a monopsonistic labor market, concludes Manning, the "free" market can no longer be sustained as an ideal and labor economists need to be more open-minded in their evaluation of labor market policies. Monopsony in Motion will represent for some a new fundamental text in the advanced study of labor economics, and for others, an invaluable alternative perspective that henceforth must be taken into account in any serious consideration of the subject.
Essays On Simultaneous Search Equilibrium
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Author : Ronald Paul Wolthoff
language : en
Publisher: Rozenberg Publishers
Release Date : 2008
Essays On Simultaneous Search Equilibrium written by Ronald Paul Wolthoff and has been published by Rozenberg Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.
The Palgrave Companion To Lse Economics
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Author : Robert A. Cord
language : en
Publisher: Springer
Release Date : 2019-01-18
The Palgrave Companion To Lse Economics written by Robert A. Cord and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-18 with Business & Economics categories.
The London School of Economics (LSE) has been and continues to be one of the most important global centres for economics. With six chapters on themes in LSE economics and 29 chapters on the lives and work of LSE economists, this volume shows how economics became established at the School, how it produced some of the world’s best-known economists, including Lionel Robbins and Bill Phillips, plus Nobel Prize winners, such as Friedrich Hayek, John Hicks and Christopher Pissarides, and how it remains a global force for the very best in teaching and research in economics. With original contributions from a stellar cast, this volume provides economists – especially those interested in macroeconomics and the history of economic thought – with the first in-depth analysis of LSE economics.