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Overlapping labour markets

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  • Sattinger, Michael

Abstract

Overlapping labour markets arise when some types of workers do not meet employers with some types of jobs. For example, skilled workers could seek high-skill or low-skill jobs, but low skill workers could be limited to low-skill jobs. The paper derives conditions for equilibrium and efficiency, distinguishes reducible from irreducible overlapping labour markets, and describes distributional impacts of proportional demand shifts and technological change. Many labour models incorporate the structure of overlapping labour markets, so that the results have widespread applicability.

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Bibliographic Info

Article provided by Elsevier in its journal Labour Economics.

Volume (Year): 13 (2006)
Issue (Month): 2 (April)
Pages: 237-257

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Handle: RePEc:eee:labeco:v:13:y:2006:i:2:p:237-257

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Web page: http://www.elsevier.com/locate/labeco

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References

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  2. Christopher A. Pissarides & Barbara Petrongolo, 2001. "Looking into the Black Box: A Survey of the Matching Function," Journal of Economic Literature, American Economic Association, vol. 39(2), pages 390-431, June.
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  18. Lockwood, Ben, 1986. "Transferable Skills, Job Matching, and the Inefficiency of the 'Natural' Rate of Unemployment," Economic Journal, Royal Economic Society, vol. 96(384), pages 961-74, December.
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Cited by:
  1. Chéron, Arnaud & Hairault, Jean-Olivier & Langot, François, 2011. "Life Cycle Equilibrium Unemployment," CEPREMAP Working Papers (Docweb) 1103, CEPREMAP.
  2. Frederick Guy & Peter Skott, 2007. "Information and communications technologies,coordination and control, and the distribution of income," UMASS Amherst Economics Working Papers 2007-11, University of Massachusetts Amherst, Department of Economics.
  3. Michella Bia & Pierre-Jean Messe & Roberto Leombruni, 2010. "Young-in Old-out: a new evaluation," Working Papers halshs-00812056, HAL.
  4. Slonimczyk, Fabián & Skott, Peter, 2012. "Employment and distribution effects of the minimum wage," Journal of Economic Behavior & Organization, Elsevier, vol. 84(1), pages 245-264.
  5. Michela Bia & Pierre-Jean Messe & Roberto Leombruni, 2010. "Young-in Old-out: a new evaluation," TEPP Working Paper 2010-14, TEPP.

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