Wage/tenure contracts with heterogeneous firms
This paper investigates equilibria where firms post wage/tenure contracts and risk averse workers search for new job opportunities whether employed or unemployed. We generalize previous work by assuming firms have different productivities. Equilibrium implies more productive firms always offer more...
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Volume: | 145 |
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Main Author: |
Burdett, Ken
Coles, Melvyn |
Format: | Journal Article |
Language: | English |
Zielgruppe: |
Academic |
Place of publication: |
SAN DIEGO Elsevier Inc 01.07.2010 ACADEMIC PRESS INC ELSEVIER SCIENCE Elsevier Elsevier B.V |
published in: | Journal of economic theory Vol. 145; no. 4; pp. 1408 - 1435 |
Data of publication: | July 2010 |
ISSN: |
0022-0531 1095-7235 |
EISSN: |
1095-7235 |
Discipline: | Economics |
Series: |
Journal of Economic Theory |
Subjects: | |
Online Access: | available in Bonn? |
Database: | Social Sciences Citation Index Web of Knowledge Web of Science - Social Sciences Citation Index - 2010 Web of Science RePEc RePEc IDEAS CrossRef Academic OneFile (A&I only) Database information Databases - DBIS |