search query: @author Petrongolo, B. / total: 5
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| Author: | Petrongolo, B. Pissarides, C. |
| Title: | Scale effects in markets with search |
| Journal: | Economic Journal
2006 : JAN, VOL. 116:508, p. 21-44 |
| Index terms: | |
| Freeterms: | aggregate matching scale effects search |
| Language: | eng |
| Abstract: | This article studies a semi-structural model of search and matching on a British sample of unemployed people, testing for scale effects on the probability of receiving an offer and on the distribution of wage offers. The authors find them only in wage offers, and also that reservation wages rise to deliver higher post-unemployment wages buut not faster matches.The conclude that aggregate matching functions should be unaffected by scale and wage equations should be showing them. |
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