Behavior of the firm in a market for het
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Susan B. Vroman
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Article
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1987
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Elsevier Science
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English
β 778 KB
This paper develops a dynamic model of the firm in a labor market where workers and jobs are heterogeneous with respect to skill. The firm's recruitment policy, in a heterogeneous market, consists of both a wage offer and a skill requirement. The explicit derivation of this policy serves to clarify