BIROn - Birkbeck Institutional Research Online

Wage-directed job match with multiple applications and multiple vacancies: the optimal job application strategy and wage dispersion

Hori, Kenjiro (2007) Wage-directed job match with multiple applications and multiple vacancies: the optimal job application strategy and wage dispersion. Working Paper. Birkbeck, University of London, London, UK.

[img]
Preview
Text
26901.pdf - Draft Version

Download (411kB) | Preview

Abstract

This paper develops a model of directed-search where workers’ preference for a higher wage is explicitly modelled into their application strategy. In a general setting where jobs offer non-uniform wages and different probabilities of a job offer, the optimal strategy for selecting the set of applied jobs is established. In applying this to a homogeneous-workers job-matching market, the equilibrium outcome is then shown to entail wage dispersion when firms have non-uniform labour demand. Finally a matching function is derived that captures both urnball and multiple-applications frictions, that nests many of the existing functions.

Metadata

Item Type: Monograph (Working Paper)
Additional Information: BWPEF 0711
Keyword(s) / Subject(s): directed-search, matching function, wage dispersion
School: Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School
Depositing User: Administrator
Date Deposited: 26 Mar 2019 15:19
Last Modified: 13 Jun 2025 03:31
URI: https://eprints.bbk.ac.uk/id/eprint/26901

Statistics

6 month trend
95Downloads
6 month trend
511Hits

Additional statistics are available via IRStats2.

Archive Staff Only (login required)

Edit/View Item
Edit/View Item