Global ETD Search
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Showing 1 to 2 of 2 for “"job ladder"”.
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Essays on Models of the Labour Market with On-the-Job Search
… for how to model bargaining when there is on-the-job search and worker turnover depends on the wage. Bargaining is a standard feature in models without on-the-jobs search, but, due to endogeneity of the match surplus, a solution does not exist when worker turnover depends on the wage. My solution …
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Essays on Macroeconomics and International Trade
… version of Burdett and Mortensen’s (1998) job ladder model featuring risk-neutral firms, risk-averse workers, and aggregate risk. Because of on-the-job search, my model generates wage rigidity both for incumbent workers, through standard insurance motives, and for new hires, through novel …