SEARCH INTENSITY, DIRECTED SEARCH, AND THE WAGE DISTRIBUTION

We propose a search equilibrium model in which homogeneous firms post wages along with a vacancy to attract job seekers while homogeneous unemployed workers invest in costly job seeking. The key innovation relies on the organization of the search market and the search behavior of the job seekers. Th...

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Bibliographic details
Volume:	9
Main Author:	Bruno Decreuse André Zylberberg
Format:	Journal Article
Language:	English
Place of publication:	Malden, USA Wiley-Blackwell 01.12.2011 Blackwell Publishing Inc OXFORD UNIV PRESS
published in:	Journal of the European Economic Association Vol. 9; no. 6; pp. 1168 - 1186
Data of publication:	20111201
ISSN:	1542-4766 1542-4774
EISSN:	1542-4774
Discipline:	Economics
Bibliography:	Job search with ubiquity and the wage distribution We thank Pierre Cahuc, Olivier Charlot, Pieter Gautier, Fabien Postel‐Vinay, Etienne Wasmer, and participants in University of Aix‐Marseilles and University of Toulouse I seminars, as well as two referees and an editor of this review for their constructive comments. Decreuse is a member of the GREQAM and IDEP, and Zylberberg is a member of the CNRS and CES. The editor in charge of this paper was George‐Marios Angeletos. Acknowledgments: This is a revised (and shorter) version of a paper that circulated previously under the title
Subjects:	Economic models Job hunting Marginal productivity Unemployment rates Decreasing returns Equilibrium wages Market segmentation Wages Unemployment Financial investments J31 J64 J41 D83 Economics Business & Economics Social Sciences MODEL WORKER JOB OFFERS DISPERSION
Online Access:	Fulltext
Database:	Social Sciences Citation Index Web of Science - Social Sciences Citation Index - 2011 Web of Knowledge Web of Science Database information Databases - DBIS