Matching and price competition:
"We develop a model in which firms set impersonal salary levels before matching with workers. Salaries fall relative to any competitive equilibrium while profits rise by almost as much, implyinglittle inefficiency. Furthermore, the best firms gain the most from the system while wages becomecomp...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cambridge, Mass.
National Bureau of Economic Research
2005
|
| Series: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
11506 |
| Subjects: | |
| Online Access: | Volltext |
| Summary: | "We develop a model in which firms set impersonal salary levels before matching with workers. Salaries fall relative to any competitive equilibrium while profits rise by almost as much, implyinglittle inefficiency. Furthermore, the best firms gain the most from the system while wages becomecompressed. We discuss the performance of alternative institutions and the recent antitrust caseagainst the National Residency Matching Program in light of our results"--National Bureau of Economic Research web site. |
| Physical Description: | 31 S. graph. Darst. |
Staff View
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| id | DE-604.BV023591600 |
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| index_date | 2024-07-02T22:41:28Z |
| indexdate | 2024-07-09T21:25:11Z |
| institution | BVB |
| language | English |
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| physical | 31 S. graph. Darst. |
| publishDate | 2005 |
| publishDateSearch | 2005 |
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| publisher | National Bureau of Economic Research |
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| series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| spelling | Bulow, Jeremy Verfasser (DE-588)128798017 aut Matching and price competition Jeremy Bulow ; Jonathan Levin Cambridge, Mass. National Bureau of Economic Research 2005 31 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11506 "We develop a model in which firms set impersonal salary levels before matching with workers. Salaries fall relative to any competitive equilibrium while profits rise by almost as much, implyinglittle inefficiency. Furthermore, the best firms gain the most from the system while wages becomecompressed. We discuss the performance of alternative institutions and the recent antitrust caseagainst the National Residency Matching Program in light of our results"--National Bureau of Economic Research web site. Ökonometrisches Modell Residents (Medicine) Salaries, etc. United States Wages Econometric models USA Levin, Jonathan 1972- Verfasser (DE-588)129325252 aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11506 (DE-604)BV002801238 11506 http://papers.nber.org/papers/w11506.pdf kostenfrei Volltext |
| spellingShingle | Bulow, Jeremy Levin, Jonathan 1972- Matching and price competition National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Ökonometrisches Modell Residents (Medicine) Salaries, etc. United States Wages Econometric models |
| title | Matching and price competition |
| title_auth | Matching and price competition |
| title_exact_search | Matching and price competition |
| title_exact_search_txtP | Matching and price competition |
| title_full | Matching and price competition Jeremy Bulow ; Jonathan Levin |
| title_fullStr | Matching and price competition Jeremy Bulow ; Jonathan Levin |
| title_full_unstemmed | Matching and price competition Jeremy Bulow ; Jonathan Levin |
| title_short | Matching and price competition |
| title_sort | matching and price competition |
| topic | Ökonometrisches Modell Residents (Medicine) Salaries, etc. United States Wages Econometric models |
| topic_facet | Ökonometrisches Modell Residents (Medicine) Salaries, etc. United States Wages Econometric models USA |
| url | http://papers.nber.org/papers/w11506.pdf |
| volume_link | (DE-604)BV002801238 |
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