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010   $a9786613831361
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035   $a(SSID)ssj0000940741
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035   $a(PQKBTitleCode)TC0000940741
035   $a(PQKBWorkID)10956018
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035   $a(OCoLC)698585580
035   $a(MiAaPQ)EBC3014361
035   $a(IMF)WPIEE2006019
035   $a(EXLCZ)993360000000444039
100   $a20020129d2006      uf             0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aEquilibrium Wage Dispersion : $eAn Example
210  1$aWashington, D.C. :$cInternational Monetary Fund,$d2006.
215   $a1 online resource (16 p.)
225 1 $aIMF Working Papers
300   $a"January 2006."
311   $a1-4518-6279-2 
320   $aIncludes bibliographical references.
327   $a""Contents""; ""I. Introduction""; ""II. The Model""; ""III. The Example""; ""IV. Conclusion""; ""References""
330 3 $aSearch models with posting and match-specific heterogeneity generate wage dispersion. Given K values for the match-specific variable, it is known that there are K reservation wages that could be posted, but generically never more than two actually are posted in equilibrium. What is unknown is when we get two wages, and which wages are actually posted. For an example with K = 3, we show equilibrium is unique; may have one wage or two; and when there are two, the equilibrium can display any combination of posted reservation wages, depending on parameters. We also show how wages, profits, and unemployment depend on productivity.
410  0$aIMF Working Papers; Working Paper ;$vNo. 2006/019
606   $aEquilibrium (Economics)$xEconometric models
606   $aWages$xEconometric models
606   $aLabor$2imf
606   $aPublic Finance$2imf
606   $aCriminology$2imf
606   $aWages, Compensation, and Labor Costs: General$2imf
606   $aIllegal Behavior and the Enforcement of Law$2imf
606   $aEmployment$2imf
606   $aUnemployment$2imf
606   $aWages$2imf
606   $aIntergenerational Income Distribution$2imf
606   $aAggregate Human Capital$2imf
606   $aAggregate Labor Productivity$2imf
606   $aNational Government Expenditures and Related Policies: General$2imf
606   $aUnemployment: Models, Duration, Incidence, and Job Search$2imf
606   $aLabour$2imf
606   $aincome economics$2imf
606   $aCorporate crime$2imf
606   $awhite-collar crime$2imf
606   $aPublic finance & taxation$2imf
606   $aIllicit financial flows$2imf
606   $aPublic expenditure review$2imf
606   $aMoney laundering$2imf
606   $aEconomic theory$2imf
606   $aExpenditures, Public$2imf
615  0$aEquilibrium (Economics)$xEconometric models.
615  0$aWages$xEconometric models.
615  7$aLabor
615  7$aPublic Finance
615  7$aCriminology
615  7$aWages, Compensation, and Labor Costs: General
615  7$aIllegal Behavior and the Enforcement of Law
615  7$aEmployment
615  7$aUnemployment
615  7$aWages
615  7$aIntergenerational Income Distribution
615  7$aAggregate Human Capital
615  7$aAggregate Labor Productivity
615  7$aNational Government Expenditures and Related Policies: General
615  7$aUnemployment: Models, Duration, Incidence, and Job Search
615  7$aLabour
615  7$aincome economics
615  7$aCorporate crime
615  7$awhite-collar crime
615  7$aPublic finance & taxation
615  7$aIllicit financial flows
615  7$aPublic expenditure review
615  7$aMoney laundering
615  7$aEconomic theory
615  7$aExpenditures, Public
712 02$aInternational Monetary Fund.$bResearch Dept.
801  0$bDcWaIMF
906   $aBOOK
912   $a9910814895303321
996   $aEquilibrium Wage Dispersion$93914901
997   $aUNINA