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Wage Distribution with a Two-Sided Job Auction

Author

Listed:
  • Marja-Liisa Halko
  • Klaus Kultti
  • Juha Virrankoski

    (Department of Economics University of Helsinki)

Abstract

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Suggested Citation

  • Marja-Liisa Halko & Klaus Kultti & Juha Virrankoski, 2005. "Wage Distribution with a Two-Sided Job Auction," 2005 Meeting Papers 518, Society for Economic Dynamics.
    • Handle: RePEc:red:sed005:518
    as

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    File URL: https://www.red-files-public.s3.amazonaws.com/meetpapers/2005/paper_518.pdf
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    References listed on IDEAS

    as
    1. Kultti Klaus & Virrankoski Juha, 2003. "Price Distribution in a Symmetric Economy," The B.E. Journal of Macroeconomics, De Gruyter, vol. 3(1), pages 1-21, April.
    2. DiNardo, John & Fortin, Nicole M & Lemieux, Thomas, 1996. "Labor Market Institutions and the Distribution of Wages, 1973-1992: A Semiparametric Approach," Econometrica, Econometric Society, vol. 64(5), pages 1001-1044, September.
    3. Bontemps, Christian & Robin, Jean-Marc & van den Berg, Gerard J, 2000. "Equilibrium Search with Continuous Productivity Dispersion: Theory and Nonparametric Estimation," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 41(2), pages 305-358, May.
    4. Klaus Kultti & Antti Miettunen & Tuomas Takalo & Juha Virrankoski, 2009. "Who Searches?," The Japanese Economic Review, Japanese Economic Association, vol. 60(2), pages 152-171, June.
    5. Kultti, K.K., 1997. "Equivalence of Auctions and Posted Prices," Other publications TiSEM fad8afd3-eb42-4a0d-8d60-8, Tilburg University, School of Economics and Management.
    6. Kultti, Klaus, 1999. "Equivalence of Auctions and Posted Prices," Games and Economic Behavior, Elsevier, vol. 27(1), pages 106-113, April.
    7. Lu, Xiaohua & McAfee, R. Preston, 1996. "The Evolutionary Stability of Auctions over Bargaining," Games and Economic Behavior, Elsevier, vol. 15(2), pages 228-254, August.
    8. James D. Montgomery, 1991. "Equilibrium Wage Dispersion and Interindustry Wage Differentials," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(1), pages 163-179.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Timo Vesala, 2007. "Financial Matching, Asymmetric Information and Entrepreneurial Risk Taking," Scandinavian Journal of Economics, Wiley Blackwell, vol. 109(3), pages 469-485, September.
    2. Manolis Galenianos & Philipp Kircher, 2007. "Heterogeneous Firms in a Finite Directed Search Economy," PIER Working Paper Archive 07-003, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.

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    More about this item

    Keywords

    wage distribution; job search; auctions;
    All these keywords.

    JEL classification:

    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts

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