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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP8522 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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