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Bibframe Work

Title
Technical appendix for frictional wage dispersion in search models
Type
Text
Monograph
Contribution
Hornstein, Andreas (Contributor)
Krusell, Per (Contributor)
Violante, Giovanni L. (Contributor)
Federal Reserve Bank of Richmond (Contributor)
Subject
labor market
wage inequality
search frictions
job search
Language
English
Geographic Coverage
Classification
LCC: HB1 (Assigner: dlc) (Status: used by assigner)
Supplementary Content
bibliography
Content
text
Summary
"In this technical appendix to Hornstein, Krusell, and Violante (2006) (HKV, 2006, hereafter) we provide a detailed characterization of the search model with (1) wage shocks during employment and (2) on-the-job search outlined in Sections 6 and 7 of that paper, and we derive all of the results that are only stated in HKV (2006). In particular, we derive the expressions for our preferred measure of frictional wage inequality: the ratio of average wages to the reservation wage, or, the 'mean-min' wage ratio."--Federal Reserve Bank of Richmond web site.
Government Publication Type
Federal
Authorized Access Point
Hornstein, Andreas Technical appendix for frictional wage dispersion in search models
Admin Metadata
Generation Process: DLC marc2bibframe2 v2.5.0
Status: changed
Encoding Level: minimal
Description Conventions: Anglo-American cataloguing rules
Identified By: bf:Local, 14578885
Change Date: 2007-08-06T14:43:16
Creation Date: 2006-10-02
Assigner: United States, Library of Congress