A Model of Public Consultation: Why is Binary Communication so Common?
In: The economic journal: the journal of the Royal Economic Society, Band 121, Heft 553, S. 819-842
ISSN: 1468-0297
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In: The economic journal: the journal of the Royal Economic Society, Band 121, Heft 553, S. 819-842
ISSN: 1468-0297
In: Scottish journal of political economy: the journal of the Scottish Economic Society, Band 61, Heft 5, S. 487-501
ISSN: 1467-9485
AbstractWe analyse a labour‐matching model with wage posting, where – reflecting institutional constraints – firms cannot differentiate their wage offers within certain subsets of workers. Inter alia, we find that the presence of impersonal wage offers leads to wage compression, which propagates to the wages for high productivity workers who receive personalized offers.
In: Journal of economic dynamics & control, Band 100, S. 230-250
ISSN: 0165-1889