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Overlapping labour markets

  • Sattinger, Michael

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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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
Contact details of provider: Web page: http://www.elsevier.com/locate/labeco

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  17. Moen, Espen R, 1997. "Competitive Search Equilibrium," Journal of Political Economy, University of Chicago Press, vol. 105(2), pages 385-411, April.
  18. Peter A. Diamond, 1982. "Wage Determination and Efficiency in Search Equilibrium," Review of Economic Studies, Oxford University Press, vol. 49(2), pages 217-227.
  19. Arthur J. Hosios, 1990. "On The Efficiency of Matching and Related Models of Search and Unemployment," Review of Economic Studies, Oxford University Press, vol. 57(2), pages 279-298.
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