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Assortative Matching and Wages: The Role of Selection

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NBER2024-11-01 更新2025-01-04 收录
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We develop a random search model with two-sided heterogeneity and match-specific productivity shocks to explain why high-productivity workers tend to work at high-productivity firms despite low-productivity workers gaining about as much from such matches. Our model has two key predictions: i) the

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2024-11-01
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