A Matching Model with Endogenous Skill Requirements
James Albrecht () and
Susan Vroman ()
International Economic Review, 2002, vol. 43, issue 1, 283-305
We consider a labor market in which workers differ in their abilities and jobs differ in their skill requirements. The distribution of worker abilities is exogenous, but we model the choice of skill requirements by firms. High-skill jobs produce more output than low-skill jobs, but high-skill jobs require high-skill workers and thus are more difficult to fill. We use a matching model together with a Nash bargaining approach to wage setting to determine the equilibrium mix of job types, along with the equilibrium relationship between worker and job characteristics, wages, and unemployment. Copyright 2002 by the Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Resarch Association
References: Add references at CitEc
Citations View citations in EconPapers (158) Track citations by RSS feed
Downloads: (external link)
http://openurl.ingenta.com/content?genre=article&i ... &volume=43&spage=283 (application/pdf)
Free access to full text is restricted to Ingenta subscribers.
Working Paper: A Matching Model with Endogenous Skill Requirements (2000)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ier:iecrev:v:43:y:2002:i:1:p:283-305
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0020-6598
Access Statistics for this article
International Economic Review is currently edited by Harold L. Cole
More articles in International Economic Review from Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association 160 McNeil Building, 3718 Locust Walk, Philadelphia, PA 19104-6297. Contact information at EDIRC.
Series data maintained by Wiley-Blackwell Digital Licensing ().