The assignment of workers to jobs in an economy with coordination frictions

Journal of Political Economy

Volumn 113, Issue 5, 2005, Pages 996-1025

  Shimer, Robert ^a  

^a UNIVERSITY OF CHICAGO   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

LABOR MARKET; MODEL; POLITICAL ECONOMY;

EID: 27344455694     PISSN: 00223808     EISSN: None     Source Type: Journal    
DOI: 10.1086/444551     Document Type: Article

References (38)

1. Abowd, John M., Francis Kramarz, and David N. Margolis. 1999. "High Wage Workers and High Wage Firms." Econometrica 67 (March): 251-333.
2. Albrecht, James W., Pieter A. Gautier, and Susan B. Vroman. 2003. "Matching with Multiple Applications." Econ. Letters 78 (January): 67-70.
3. Becker, Gary S. 1973. "A Theory of Marriage: Part I." J.P.E. 81 (July/ August): 813-46.
4. Burdett, Kenneth, and Melvyn G. Coles. 1999. "Long-Term Partnership Formation: Marriage and Employment." Econ. J. 109 (June): F307-F334.
5. Burdett, Kenneth, Shouyong Shi, and Randall Wright. 2001. "Pricing and Matching with Frictions." J.P.E. 109 (October): 1060-85.
6. Cason, Timothy, and Charles Noussair. 2003. "A Market with Frictions in the Matching Process: An Experimental Study." Manuscript, Krannert School Bus., Purdue Univ.
7. Coles, Melvyn G., and Jan Eeckhout. 2000. "Heterogeneity as a Coordination Device." Manuscript, Dept. Econ., Essex Univ.
8. Davis, Steven J. 1997. "Sorting, Learning, and Mobility When Jobs Have Scarcity Value: A Comment." Carnegie-Rochester Conf. Ser. Public Policy 46 (June): 327-37.
9. Davis, Steven J. 2001. "The Quality Distribution of Jobs and the Structure of Wages in Search Equilibrium." Working Paper no. 8434 (August), NBER, Cambridge, MA.
10. Gibbons, Robert, and Lawrence F. Katz. 1992. "Does Unmeasured Ability Explain Inter-industry Wage Differentials?" Rev. Econ. Studies 59 (July): 515-35.
11. Groshen, Erica L. 1991. "Sources of Intra-industry Wage Dispersion: How Much Do Employers Matter?" Q.J.E. 106 (August): 869-84.
12. Harsanyi, John. 1973. "Games with Randomly Disturbed Payoffs: A New Rationale for Mixed-Strategy Equilibrium Points." Internat. J. Game Theory 2 (1): 1-23.
13. Holzer, Harry J., Lawrence F. Katz, and Alan B. Krueger. 1991. "Job Queues and Wages." Q.J.E. 106 (August): 739-68.
14. Julien, Benoit, John Kennes, and Ian P. King. 2000. "Bidding for Labor." Rev. Econ. Dynamics 3 (October): 619-49.
15. Julien, Benoit. 2001. "Auctions and Posted Prices in Directed Search Equilibrium." Topics in Macroeconomics 1 (1). http:// www.bepress.com/bejm/topics/.
16. Koopmans, Tjalling C., and Martin Beckmann. 1957. "Assignment Problems and the Location of Economic Activities." Econometrica 25 (January): 53-76.
17. Krueger, Alan B., and Lawrence H. Summers. 1988. "Efficiency Wages and the Inter-industry Wage Structure." Econometrica 56 (March): 259-93.
18. Kultti, Klaus. 1999. "Equivalence of Auctions and Posted Prices." Games and Econ. Behavior 27 (April): 106-13.
19. Lu, Xiaohua, and R. Preston McAfee. 1996. "Matching and Expectations in a Market with Heterogeneous Agents." In Advances in Applied Microeconomics, vol. 6, Auctions, edited by Michael R. Baye. Greenwich, CT: JAI.
20. Moen, Espen R. 1997. "Competitive Search Equilibrium." J.P.E. 105 (April): 385-411.
21. Montgomery, James D. 1991. "Equilibrium Wage Dispersion and Interindustry Wage Differentials." Q.J.E. 106 (February): 163-79.
22. Murphy, Kevin M., and Robert H. Topel. 1987. "Unemployment, Risk and Earnings: Testing for Equalizing Wage Differences in the Labor Market." In Unemployment and the Structure of Labor Markets, edited by Kevin Lang and Jonathan S. Leonard. Oxford: Blackwell.
23. Ochs, Jack. 1990. "The Coordination Problem in Decentralized Markets: An Experiment." Q.J.E. 105 (May): 545-59.
24. Peters, Michael. 1991. "Ex Ante Price Offers in Matching Games Non-Steady States." Econometrica 59 (September): 1425-54.
25. Roth, Alvin E., and Marilda A. Oliviera Sotomayor. 1990. Two-Sided Matching: A Study in Game-Theoretic Modeling and Analysis. Cambridge: Cambridge Univ. Press.
26. Sattinger, Michael. 1975. "Comparative Advantage and the Distributions of Earnings and Abilities." Econometrica 43 (May): 455-68.
27. Sattinger, Michael. 1993. "Assignment Models of the Distribution of Earnings." J. Econ. Literature 31 (June): 831-80.
28. Sattinger, Michael. 1995. "Search and the Efficient Assignment of Workers to Jobs." Internat. Econ. Rev. 36 (May): 283-302.
29. Shapley, Lloyd, and Martin Shubik. 1972. "The Assignment Game I: The Core." Internat. J. Game Theory 1 (2): 111-30.
30. Shi, Shouyong. 2001. "Frictional Assignment. I. Efficiency." J. Econ. Theory 98 (June): 232-60.
31. Shi, Shouyong. 2002. "A Directed Search Model of Inequality with Heterogeneous Skills and Skill-Biased Technology." Rev. Econ. Studies 69 (April): 467-91.
32. Shimer, Robert. 1996. "Contracts in a Frictional Labor Market." Manuscript, Dept. Econ., Massachusetts Inst. Tech.
33. Shimer, Robert. 1999. "Job Auctions." Manuscript, Dept. Econ., Princeton Univ.
34. Shimer, Robert. 2001. "The Assignment of Workers to Jobs in an Economy with Coordination Frictions." Working Paper no. 8501 (October), NBER, Cambridge, MA.
35. Shimer, Robert. 2003. "Assignment and Unemployment." Manuscript, Dept. Econ., Univ. Chicago.
36. Shimer, Robert, and Lones Smith. 2000. "Assortative Matching and Search." Econometrica 68 (March): 343-69.
37. Shimer, Robert. 2001a. "Matching, Search, and Heterogeneity." Advances in Macroeconomics 1 (1). http://www.bepress.com/bejm/advances/.
38. Shimer, Robert. 2001b. "Nonstationary Search." Manuscript, Dept. Econ., Princeton Univ.