The market for 'rough diamonds' : information, finance and wage inequality

During the past four decades both between and within group wage inequality increased significantly in the US. I provide a microfounded justification for this pattern, by introducing private employer learning in a model of signaling with credit constraints. In particular, I show that when financial c...

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Bibliographic details
Main Author: Koutmeridis, Theodore
Format: Publication
Language: English
Place of publication: University of St Andrews 26.09.2013
Data of publication: 2013-09-26
Online Access: available in Bonn?
Database: OpenAIRE
Database information Databases - DBIS