G2TT
来源类型Discussion paper
规范类型论文
来源IDDP8522
DP8522 Simultaneous Search and Network Efficiency
Pieter A. Gautier; Christian Holzner
发表日期2011-08-01
出版年2011
语种英语
摘要When workers send applications to vacancies they create a network. Frictions arise if workers do not know where other workers apply to (this affects network creation) and firms do not know which candidates other firms consider (this affects network clearing). We show that those frictions and the wage mechanism are in general not independent. Equilibria that exhibit wage dispersion are inefficient in terms of network formation. Under complete recall (firms can go back and forth between all their candidates) only wage mechanisms that allow for ex post Bertrand competition generate the maximum matching on a realized network.
主题Labour Economics
关键词Efficiency Network clearing Random bipartite network formation Simultaneous search
URLhttps://cepr.org/publications/dp8522
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/537356
推荐引用方式
GB/T 7714
Pieter A. Gautier,Christian Holzner. DP8522 Simultaneous Search and Network Efficiency. 2011.
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