Models of Wages and Mobility in Frictional Labor Markets with Random Search
J’étudie les modèles de détermination de l’équilibre des salaires et de la mobilité avec frictions sur le marché du travail. La recherche d’un emploi est aléatoire. La concurrence entre les entreprises se fait en termes de promesses de valeur faites aux travailleurs. La nature exacte de cette concur...
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| Published in: | Revue économique Vol. 51; no. 1; pp. 113 - 145 |
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| Format: | Journal Article |
| Language: | English |
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27-02-2024
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| Abstract | J’étudie les modèles de détermination de l’équilibre des salaires et de la mobilité avec frictions sur le marché du travail. La recherche d’un emploi est aléatoire. La concurrence entre les entreprises se fait en termes de promesses de valeur faites aux travailleurs. La nature exacte de cette concurrence dicte la répartition des promesses de valeur dans l’économie. La mobilité des travailleurs et l’allocation des emplois sont souvent comprises directement à partir de cette partie du modèle. L’étude détaille comment les restrictions sur les contrats de travail traduisent les valeurs des contrats en salaires . |
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| AbstractList | J’étudie les modèles de détermination de l’équilibre des salaires et de la mobilité avec frictions sur le marché du travail. La recherche d’un emploi est aléatoire. La concurrence entre les entreprises se fait en termes de promesses de valeur faites aux travailleurs. La nature exacte de cette concurrence dicte la répartition des promesses de valeur dans l’économie. La mobilité des travailleurs et l’allocation des emplois sont souvent comprises directement à partir de cette partie du modèle. L’étude détaille comment les restrictions sur les contrats de travail traduisent les valeurs des contrats en salaires . |
| Author | Lentz, Rasmus |
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| Cites_doi | 10.1086/209907 10.1016/S1094-2025(03)00058-9 10.1016/0022-0531(71)90013-5 10.1086/425432 10.1093/restud/rdy022 10.3982/ECTA9070 10.1016/j.jet.2010.02.002 10.2307/1912045 10.1093/qje/qjy001 10.1257/aer.20131118 10.1111/1468-0262.00112 10.1111/j.1468-0262.2006.00665.x 10.1086/444551 10.1086/262077 10.1111/j.1468-0262.2005.00588.x 10.1111/1468-0262.00453 10.1257/aer.101.7.2873 10.1111/1468-0262.00377 10.2307/2527292 10.7551/mitpress/7147.001.0001 |
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| EndPage | 145 |
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| References | Postel-Vinay Fabien (rb22) 2004; 7 Cahuc Pierre (rb6) 2006; 74 Sorkin Isaac (rb27) 2018; 133 Shimer Robert (rb26) 2000; 68 rb24 Shimer Robert (rb25) 2005; 113 Christensen Bent Jesper (rb7) 2005; 23 Burdett Ken (rb2) 2003; 71 Postel-Vinay Fabien (rb21) 2002; 70 Burdett Kenneth (rb5) 1998; 39 Hornstein Andreas (rb12) 2011; 101 Moen Espen R. (rb19) 1997; 105 Dey Matthew S. (rb8) 2005; 73 Bagger Jesper (rb1) 2019; 86 Hwang Hae‐shin (rb13) 1998; 16 rb16 Mortensen Dale T. (rb20) 2003 rb15 rb17 rb11 rb14 (rb23) 2011; 79 Burdett Ken (rb3) 2010; 145 Burdett Kenneth (rb4) 1983; 51 rb10 Diamond Peter A (rb9) 1971; 3 Lise Jeremy (rb18) 2017; 107 |
| References_xml | – volume: 16 start-page: 815-847 issn: 0734306X year: 1998 ident: rb13 article-title: Hedonic Wages and Labor Market Search publication-title: Journal of Labor Economics doi: 10.1086/209907 contributor: fullname: Hwang Hae‐shin – volume: 7 start-page: 297-330 issn: 10942025 year: 2004 ident: rb22 article-title: To match or not to match? publication-title: Review of Economic Dynamics doi: 10.1016/S1094-2025(03)00058-9 contributor: fullname: Postel-Vinay Fabien – volume: 3 start-page: 156-168 issn: 00220531 year: 1971 ident: rb9 article-title: A model of price adjustment publication-title: Journal of Economic Theory doi: 10.1016/0022-0531(71)90013-5 contributor: fullname: Diamond Peter A – ident: rb24 – volume: 23 start-page: 31-58 issn: 0734306X year: 2005 ident: rb7 article-title: On‐the‐Job Search and the Wage Distribution publication-title: Journal of Labor Economics doi: 10.1086/425432 contributor: fullname: Christensen Bent Jesper – volume: 86 start-page: 153-190 issn: 00346527 year: 2019 ident: rb1 article-title: An Empirical Model of Wage Dispersion with Sorting publication-title: The Review of Economic Studies doi: 10.1093/restud/rdy022 contributor: fullname: Bagger Jesper – volume: 79 start-page: 1327-1355 issn: 00129682 year: 2011 ident: rb23 article-title: On the Dynamics of Unemployment and Wage Distributions publication-title: Econometrica doi: 10.3982/ECTA9070 – volume: 145 start-page: 1408-1435 issn: 00220531 year: 2010 ident: rb3 article-title: Wage/tenure contracts with heterogeneous firms publication-title: Journal of Economic Theory doi: 10.1016/j.jet.2010.02.002 contributor: fullname: Burdett Ken – volume: 51 start-page: 955 issn: 00129682 year: 1983 ident: rb4 article-title: Equilibrium Price Dispersion publication-title: Econometrica doi: 10.2307/1912045 contributor: fullname: Burdett Kenneth – ident: rb10 – volume: 133 start-page: 1331-1393 issn: 00335533 year: 2018 ident: rb27 article-title: Ranking Firms Using Revealed Preference* publication-title: The Quarterly Journal of Economics doi: 10.1093/qje/qjy001 contributor: fullname: Sorkin Isaac – ident: rb16 – ident: rb14 – volume: 107 start-page: 1104-1135 issn: 00028282 year: 2017 ident: rb18 article-title: The Macrodynamics of Sorting between Workers and Firms publication-title: American Economic Review doi: 10.1257/aer.20131118 contributor: fullname: Lise Jeremy – volume: 68 start-page: 343-369 issn: 00129682 year: 2000 ident: rb26 article-title: Assortative Matching and Search publication-title: Econometrica doi: 10.1111/1468-0262.00112 contributor: fullname: Shimer Robert – volume: 74 start-page: 323-364 issn: 00129682 year: 2006 ident: rb6 article-title: Wage Bargaining with On-the-Job Search: Theory and Evidence publication-title: Econometrica doi: 10.1111/j.1468-0262.2006.00665.x contributor: fullname: Cahuc Pierre – volume: 113 start-page: 996-1025 issn: 00223808 year: 2005 ident: rb25 article-title: The Assignment of Workers to Jobs in an Economy with Coordination Frictions publication-title: Journal of Political Economy doi: 10.1086/444551 contributor: fullname: Shimer Robert – volume: 105 start-page: 385-411 issn: 00223808 year: 1997 ident: rb19 article-title: Competitive Search Equilibrium publication-title: Journal of Political Economy doi: 10.1086/262077 contributor: fullname: Moen Espen R. – volume: 73 start-page: 571-627 issn: 00129682 year: 2005 ident: rb8 article-title: An Equilibrium Model of Health Insurance Provision and Wage Determination publication-title: Econometrica doi: 10.1111/j.1468-0262.2005.00588.x contributor: fullname: Dey Matthew S. – volume: 71 start-page: 1377-1404 issn: 00129682 year: 2003 ident: rb2 article-title: Equilibrium Wage-Tenure Contracts publication-title: Econometrica doi: 10.1111/1468-0262.00453 contributor: fullname: Burdett Ken – volume: 101 start-page: 2873-2898 issn: 00028282 year: 2011 ident: rb12 article-title: Frictional Wage Dispersion in Search Models: A Quantitative Assessment publication-title: American Economic Review doi: 10.1257/aer.101.7.2873 contributor: fullname: Hornstein Andreas – volume: 70 start-page: 2295-2350 issn: 00129682 year: 2002 ident: rb21 article-title: Equilibrium Wage Dispersion with Worker and Employer Heterogeneity publication-title: Econometrica doi: 10.1111/1468-0262.00377 contributor: fullname: Postel-Vinay Fabien – ident: rb17 – volume: 39 start-page: 257 issn: 00206598 year: 1998 ident: rb5 article-title: Wage Differentials, Employer Size, and Unemployment publication-title: International Economic Review doi: 10.2307/2527292 contributor: fullname: Burdett Kenneth – volume-title: Wage Dispersion year: 2003 ident: rb20 doi: 10.7551/mitpress/7147.001.0001 contributor: fullname: Mortensen Dale T. – ident: rb15 – ident: rb11 |
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