Search with multi-worker firms
نویسندگان
چکیده
منابع مشابه
Search with multi-worker firms
We present a generalization of the standard random-search model of unemployment in which firms hire multiple workers and in which the hiring process is timeconsuming as well as costly. We follow Stole and Zwiebel (1996a, 1996b) and assume that wages are determined by continuous bargaining between the firm and its employees. The model generates a nontrivial dispersion of firm sizes; when firms’ ...
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We present a generalization of the standard random-search model of unemployment in which firms hire multiple workers and in which the hiring process is time-consuming as well as costly. We follow Stole and Zwiebel (1996a,b) and assume that wages are determined by continuous bargaining between the firm and its employees. This generates a non-trivial dispersion of firm sizes; when firms’ producti...
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ژورنال
عنوان ژورنال: Theoretical Economics
سال: 2014
ISSN: 1933-6837
DOI: 10.3982/te1061