Wage-vacancy contracts and coordination frictions

Wage-vacancy contracts and coordination frictions

We consider a directed search model with risk-averse workers and risk-neutral entrepreneurs who can set up firms that post wage-vacancy contracts, i.e., contracts where firms can make payments to more than one applicant, and where the payments can be different for each applicant and be contingent on...

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Bibliographic Details
Main Authors: JACQUET, Nicolas L., TAN, Serene
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2012
Subjects:
Directed search
contracts
vacancies
risk sharing
competition
Economic Theory
Entrepreneurial and Small Business Operations
Labor Economics
Online Access:https://ink.library.smu.edu.sg/soe_research/2003
https://ink.library.smu.edu.sg/context/soe_research/article/3002/viewcontent/Wage_vacancyContracts_2012_JET.pdf
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soe_research/2003
https://ink.library.smu.edu.sg/context/soe_research/article/3002/viewcontent/Wage_vacancyContracts_2012_JET.pdf

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