IDEAS home Printed from https://ideas.repec.org/a/adr/anecst/y2018i129p127-144.html

Risk and Unraveling in Labor Markets

Author

Listed:
  • Olivier Bos
  • Martin Ranger

Abstract

A two period labor market is considered in which workers' quality is revealed in the second period. A signal ? revealed to either workers, firms or both at the beginning of the first period ? is correlated with the final quality. Under all assumptions about the distribution of information in the first period there exists an equilibrium in which firms only make offers in the second period and workers

Suggested Citation

  • Olivier Bos & Martin Ranger, 2018. "Risk and Unraveling in Labor Markets," Annals of Economics and Statistics, GENES, issue 129, pages 127-144.
    • Handle: RePEc:adr:anecst:y:2018:i:129:p:127-144
    DOI: 10.15609/annaeconstat2009.129.0127
    as

    Download full text from publisher

    File URL: http://www.jstor.org/stable/10.15609/annaeconstat2009.129.0127
    Download Restriction: no
    File URL: https://libkey.io/10.15609/annaeconstat2009.129.0127?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    More about this item

    Keywords

    ;
    ;
    ;

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:adr:anecst:y:2018:i:129:p:127-144. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Secretariat General or Laurent Linnemer (email available below). General contact details of provider: https://edirc.repec.org/data/ensaefr.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.