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
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美国国家经济研究局创建时间：
2011-08-01
