| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9981 |
| DP9981 Heterogeneity, Selection and Labor Market Disparities | |
| Alessandra Bonfiglioli; Gino Gancia | |
| 发表日期 | 2014-05-18 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | We study the incentives to improve ability in a model where heterogeneous firms and workers interact in a labor market characterized by matching frictions and costly screening. When effort in improving ability raises both the mean and the variance of the resulting ability distribution, multiple equilibria may arise. In the high-effort equilibrium, heterogeneity in ability is sufficiently large to induce firms to select the best workers, thereby confirming the belief that effort is important for finding good jobs. In the low-effort equilibrium, ability is not sufficiently dispersed to justify screening, thereby confirming the belief that effort is not so important. The model has implications for wage inequality, the distribution of firm characteristics, sorting patterns between firms and workers, and unemployment rates that can help explaining observed cross-country variation in socio-economic and labor market outcomes. |
| 主题 | International Macroeconomics |
| 关键词 | beliefs Effort Firm heterogeneity Multiple equilibria Selection Sorting Unemployment Wage inequality |
| URL | https://cepr.org/publications/dp9981 |
| 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/538813 |
| 推荐引用方式 GB/T 7714 | Alessandra Bonfiglioli,Gino Gancia. DP9981 Heterogeneity, Selection and Labor Market Disparities. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
