Advanced Search
MyIDEAS: Login to save this paper or follow this series

Coordination in the Labor Market

Contents:

Author Info

  • Marja-Liisa Halko

    ()
    (Department of Accounting and Finance, Aalto University School of Economics)

  • Juha Virrankoski

    ()
    (Department of Economics, University of Turku)

Registered author(s):

    Abstract

    We solve the equilibrium market structure in a labor market where vacancies and unemployed workers can meet either in an intermediated market where wages are determined by take-it-orleave- it offers, or in a directed search market where firms post wages. By using an intermediary agents avoid the coordination problem which prevails in the search market. We study a monopolistic intermediary and perfect competition between intermediaries, and we consider the welfare properties of an intermediary institution, compared to an economy with an uncoordinated search process only.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.ace-economics.fi/kuvat/dp64.pdf
    Download Restriction: no

    Bibliographic Info

    Paper provided by Aboa Centre for Economics in its series Discussion Papers with number 64.

    as in new window
    Length: 20
    Date of creation: Feb 2011
    Date of revision:
    Handle: RePEc:tkk:dpaper:dp64

    Contact details of provider:
    Postal: Rehtorinpellonkatu 3, FIN-20500 TURKU
    Phone: +358 2 333 51
    Web page: http://ace-economics.fi
    More information through EDIRC

    Related research

    Keywords: intermediary; matching; labor market;

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:tkk:dpaper:dp64. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Aleksandra Maslowska).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.