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Arnaud Chéron
''Equilibrium wage dispersion and the role of endogenous search effort revisited''
( 2009, Vol. 29 No.1 )
This paper considers whether extending the on-the-job search model to account for endogenous search effort can help explain the shape of the wage distribution. More precisely, I show that it can be the case that the model generates hump-shaped wage distributions if preferences are non-separable between consumption and leisure.
JEL: J3 - Wages, Compensation, and Labor Costs: General
J4 - Particular Labor Markets: General
Manuscript Received : Nov 12 2008 Manuscript Accepted : Mar 11 2009

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