Manning, Alan 
ORCID: 0000-0002-7884-3580
(1993)
Endogenous labour market segmentation in a matching model.
CEP discussion paper (126).
London School of Economics and Political Science, London, UK.
Abstract
This paper extends work by Burdett and Mortensen (1989) and Mortensen and Vishwanath (1991) and examines equilibria in a matching model with identical firms and workers in which employed as well as unemployed workers receive wage offers. It shows that there are generally a continuum of equilibria often of a form that resembles labour market segmentation in that there are some firms paying high wages and facing excess supply of labour and some firms paying low wages with an excess demand for labour. The implication of the model are explored.
| Item Type: | Monograph (Discussion Paper) |
|---|---|
| Official URL: | http://cep.lse.ac.uk/ |
| Additional Information: | © 1993 London School of Economics and Political Science |
| Divisions: | Centre for Economic Performance Economics |
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HD Industries. Land use. Labor |
| Date Deposited: | 27 Jun 2008 08:40 |
| Last Modified: | 11 Dec 2024 18:20 |
| URI: | http://eprints.lse.ac.uk/id/eprint/6126 |
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