Equilibrium Wage and Employment Dynamics in a Model of Wage Posting without Commitment
收藏NBER2011-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w17284
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资源简介：
A rich but tractable variant of the Burdett-Mortensen model of wage setting behavior is formulated and a dynamic market equilibrium solution to the model is defined and characterized. In the model, firms cannot commit to wage contracts. Instead, the Markov perfect equilibrium to the wage setting
提供机构：
美国国家经济研究局
创建时间：
2011-08-01
