Hedonic Wages and Labor Market Search.

Article OPEN
Hwang, Hae-shin; Mortensen, Dale T; Reed, W Robert;
  • Journal: Journal of Labor Economics,volume 16,issue 4 October,pages815-47
  • Related identifiers: doi: 10.1086/209907

This article investigates the consequences of labor-market search for the theory of hedonic wages. The authors find that the introduction of search has surprising consequences for the theory of hedonic wages. In particular, they demonstrate that the equilibrium distribu... View more
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