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| Makoto Masui |
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| ''Efficiency in a search and matching model with endogenous labor participation and different skill groups'' |
| ( 2020, Vol. 40 No.4 ) |
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| This study addresses endogenous labor force participation based on a search and matching model with workers' productivity dispersion within different skill groups. I show that equilibrium vacancy creation can be both excessive and insufficient from the viewpoint of economic efficiency, depending on the relative share of workers in a high-skill group. |
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| Keywords: Search, Matching, Participation, Efficiency, Skill groups |
JEL: J6 - Mobility, Unemployment, and Vacancies: General
J2 - Demand and Supply of Labor: General |
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| Manuscript Received : Jul 06 2020 | | Manuscript Accepted : Oct 12 2020 |
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