To each according to . . . ? Markets, tournaments, and the matching problem with borrowing constraints

Review of Economic Studies

Volumn 66, Issue 4, 1999, Pages 799-824

  Fernández, Raquel ^a   Galí, Jordi ^a  

^a NEW YORK UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0013326537     PISSN: 00346527     EISSN: None     Source Type: Journal    
DOI: 10.1111/1467-937X.00109     Document Type: Article

References (22)

1. ACEMOGLU, D. (1995), "Matching, Heterogeneity and the Evolution of Income Distribution" (Mimeo, MIT).
2. ATKINSON, A. B. and BOURGUIGNON, F. (1982), "The Comparison of Multi-Dimensional Distributions of Economic Status", Review of Economic Studies, 49, 183-201.
3. BANERJEE, A. and NEWMAN, A. (1993), "Occupational Choice and the Process of Development", Journal of Political Economy, 101, 274-298.
4. BECKER, G. (1973), "A Theory of Marriage: Part I", Journal of Political Economy, 91, 813-846.
5. BENABOU, R. (1996), "Heterogeneity, Stratification and Growth", American Economic Review, 86, 584-609.
6. BOYCE, W. E. and DIPRIMA, R. C. (1992) Elementary Differential Equations and Boundary Value Problems (New York: Wiley).
7. BURDETT, K. and COLES, M. (1997), "Marriage and Class", Quarterly Journal of Economics, 112, 141-168.
8. COLE, H., MAILATH, G. and POSTLEWAITE, A. (1992), "Social Norms, Savings Behavior, and Growth", Journal of Political Economy, 100, 1092-1125.
9. FERNÁNDEZ, R. (1998), "Education and Borrowing Constraints: Tests vs. Prices" (NBER Working Paper 6588).
10. FERNÁNDEZ, R. and GALÍ, J. (1997), "To Each According To . . . ? Markets, Tournaments, and the Matching Problem with Borrowing Constraints" (NBER Working Paper #5930).
11. FERNÁNDEZ, R. and ROGERSON, R. (1997), "Education Finance Reform: A Dynamic Perspective", Journal of Policy Analysis and Management, 16, 67-84.
12. FERNÁNDEZ, R. and ROGERSON, R. (1998), "Public Education and Income Distribution: A Dynamic Quantitative Evaluation of Education Finance Reform", American Economic Review, 88, 813-833.
13. FREEMAN, S. (1996), "Equilibrium Income Inequality Among Identical Agents", Journal of Political Economy, 104, 1047-1064.
14. GALOR, O. and ZEIRA, J. (1993), "Income Distribution and Macroeconomics", Review of Economic Studies, 60, 35-52.
15. GREEN, J. and STOKEY, N. (1983), "A Comparison of Tournaments and Contracts", Journal of Political Economy, 91, 350-364.
16. KREMER, M. (1993), "The O-Ring Theory of Economic Development", Quarterly Journal of Economics, 108, 551-575.
17. LAZEAR, E. and ROSEN, S. (1981), "Rank Order Tournaments as Optimum Labor Contracts", Journal of Political Economy, 89, 841-864.
18. LEVY, H. and PAROUSH, J. (1974), "Toward Multivariate Efficiency Criteria", Journal of Economic Theory, 7, 129-142.
19. LOURY, G. (1981), "Intergenerational Transfers and the Distribution of Earnings", Econometrica, 49, 843-867.
20. NALEBUFF, B. and STIGLITZ, J. (1983), "Prizes and Incentives: Towards a General Theory of Compensation and Competition", Bell Journal of Economics, 14, 21-43.
21. SATTINGER, M. (1995), "Search and the Efficient Assignment of Workers to Jobs", International Economic Review, 36, 283-302.
22. SHIMER, R. and SMITH, L. (1996), "Assortative Matching and Search" (Mimeo, MIT).