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Equilibrium Unemployment as a Worker Screening Device

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NBER1993-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4357
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资源简介:
We present a model of the labor market with asymmetric information in which the equilibrium of the' market generates unemployment and job queues so that wages may serve as an effective screening device. This happens because more productive workers -- within any group of individuals with a given set
创建时间:
1993-05-01
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