Abstract
This article examines whether the Mortensen-Pissarides matching model with productivity changes can explain the time pattern of wage inequality. The main finding is that the model produces counterfactual results. The main source of failure seems to be the exogenous matching function and/or the exogenous surplus share, neither of which allows firms to use wage policies to direct workers' searches.
| Original language | English |
|---|---|
| Pages (from-to) | 70-105 |
| Number of pages | 36 |
| Journal | Journal of Labor Economics |
| Volume | 21 |
| Issue number | 1 |
| DOIs | |
| State | Published - Jan 2003 |
Fingerprint
Dive into the research topics of 'Can the Mortensen-Pissarides Model with Productivity Changes Explain U.S. Wage Inequality?'. Together they form a unique fingerprint.Cite this
- APA
- Author
- BIBTEX
- Harvard
- Standard
- RIS
- Vancouver