Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/233280 
Erscheinungsjahr: 
2011
Schriftenreihe/Nr.: 
Discussion paper No. 64
Verlag: 
Aboa Centre for Economics (ACE), Turku
Zusammenfassung: 
We solve the equilibrium market structure in a labor market where vacancies and unemployed workers can meet either in an intermediated market where wages are determined by take-it-orleave- it offers, or in a directed search market where firms post wages. By using an intermediary agents avoid the coordination problem which prevails in the search market. We study a monopolistic intermediary and perfect competition between intermediaries, and we consider the welfare properties of an intermediary institution, compared to an economy with an uncoordinated search process only.
Schlagwörter: 
intermediary
matching
labor market
JEL: 
D40
J41
J64
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
293.57 kB





Publikationen in EconStor sind urheberrechtlich geschützt.