Li, Jin (2013) Job mobility, wage dispersion, and technological change: An asymmetric information perspective. European Economic Review, 60. pp. 105-126. ISSN 0014-2921
Full text not available from this repository.Abstract
This paper develops a model of job mobility and wage dispersion with asymmetric information. Contrary to existing models in which the superior information of current employers leads to market collapse, this model generates a unique equilibrium outcome in which (a) positive turnover exists and (b) identical workers may be paid differently. The model implies that, in the presence of technological change that is skill-biased and favors general skills over firm-specific skills, the wage distribution becomes more spread out (corresponding to greater inequality) and job mobility increases
| Item Type: | Article |
|---|---|
| Official URL: | http://www.sciencedirect.com/science/journal/00142... |
| Additional Information: | © 2013 Elsevier |
| Divisions: | Management |
| Subjects: | H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management |
| Date Deposited: | 10 Oct 2017 10:07 |
| Last Modified: | 16 Jan 2024 18:33 |
| URI: | http://eprints.lse.ac.uk/id/eprint/84531 |
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