Equilibrium wage dispersion and the role of endogenous search effort revisited
Arnaud Cheron
Economics Bulletin, 2009, vol. 29, issue 1, 303-311
Abstract:
This paper considers whether extending the on-the-job search model to account for endogenous search effort can help explain the shape of the wage distribution. More precisely, I show that it can be the case that the model generates hump-shaped wage distributions if preferences are non-separable between consumption and leisure.
JEL-codes: J3 J4 (search for similar items in EconPapers)
Date: 2009-03-11
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-08j30007
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