Why Are Wages Smoother Than Productivity? An Industry-Level Analysis
are match-specific than the skills of low-wage workers, and that job separation rates are lower for high-wage workers than low-wage workers. A calibrated version of the model accounts quite well for the facts at hand.
|Date of creation:||2008|
|Date of revision:|
|Contact details of provider:|| Postal: Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA|
Web page: http://www.EconomicDynamics.org/society.htm
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