Bibframe Work

Title

Scale effects in markets with search

Type

Text

Monograph

Contribution

Petrongolo, B. (Barbara) (contributor)

Pissarides, Christopher A. (contributor)

London School of Economics and Political Science. Centre for Economic Performance (contributor)

Subject

Wages--Mathematical models (LCSH)

Job search

economies of scale

matching

aggregate matching functions

wage offer distribution

unemployment

Language

English (eng)

Classification

LCC: HC10 (Assigner: dlc) (Status: used by assigner)

Supplementary Content

bibliography (bibliography)

Content

text (txt)

Summary

"Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may miss important scale effects at the micro level, because of the reactions of job searchers. A semi-structural model is developed and estimated on a British sample, testing for scale effects on the offer arrival rate and the wage offer distribution. When contrasting London with the rest of the country we find scale effects in wage offers. But the larger market delivers higher realized wages and not more matches, because the scale effects on matches are offset by the response of reservation wages"--London School of Economics web site

Authorized Access Point

Petrongolo, B. (Barbara) Scale effects in markets with search

Admin Metadata

Status: new

Date: 2005-01-06

Agent: United States, Library of Congress

Admin Metadata

Status: changed

Date: 2005-01-27T07:25:50

Description Modifier: United States, Library of Congress

Admin Metadata

Generation Process: https://github.com/lcnetdev/marc2bibframe2/releases/tag/v2.7.0