search query: @indexterm SKILLED WORKERS / total: 117
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| Author: | Moen, E. R. |
| Title: | Do good workers hurt bad workers - or is it the other way around? |
| Journal: | International Economic Review
2003 : MAY, VOL. 44:2, p. 779-800 |
| Index terms: | Workers Productivity Skilled workers |
| Language: | eng |
| Abstract: | The author studies the effect of workers heterogeneities on wages and unemployment in a directed search model. A worker's productivity in a given firm depends both on his type and on a worker-firm specific component. Firms adverse unconditional wage offers only. The resulting equilibrium is inefficient, with a too high wage premium for high-type workers, and too few high-type jobs. This reduces the welfare of high-type workers. |
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