English, Article, Journal or magazine article edition: Technical appendix for "Frictional wage dispersion in search models: a quantitative assessment" Giovanni L. Violante; Per Krusell; Andreas Hornstein

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Bookmark: http://trove.nla.gov.au/version/74581
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Technical appendix for "Frictional wage dispersion in search models: a quantitative assessment"
Author
  • Giovanni L. Violante
  • Per Krusell
  • Andreas Hornstein
Physical Description
  • preprint
Notes
  • In this Technical Appendix to Hornstein, Krusell, and Violante (2006) (HKV, 2006, hereafter) we provide a detailed characterization of the search model with (1) wage shocks during employment and (2) on-the-job search outlined in Sections 6 and 7 of that paper, and we derive all of the results that are only stated in HKV (2006). In particular, we derive the expressions for our preferred measure of frictional wage inequality: the ratio of average wages to the reservation wage, or, the `mean-min' wage ratio.
  • RePEc:fip:fedrwp:06-08
Language
  • English
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