Equilibrium Wage Dispersion, Firm Size and Growth

This paper analyses a model of equilibrium wage dynamics and wage dispersion across firms. It considers a labour market where firms set wages and workers use on-the-job search to look for better paid work. It analyses a perfect equilibrium where each firm can change its wage paid at any time, and wo...

Full description

Saved in:
Bibliographic details
Volume: 4
Main Author: Coles, Melvyn Glyn
Format: Journal Article
Language: English
Place of publication: Elsevier for the Society for Economic Dynamics 2001
published in: Review of Economic Dynamics Vol. 4; no. 1; pp. 159 - 187
Data of publication: 2001
Series: Review of Economic Dynamics
Online Access: available in Bonn?
Database: RePEc
Database information Databases - DBIS