Explaining frictional wage dispersion

@inproceedings{Papp2009ExplainingFW,
  title={Explaining frictional wage dispersion},
  author={Korn{\'e}lia Papp},
  year={2009}
}
Matching the magnitude of frictional wage dispersion has been dicult for most frictional search models of the labor market; only 1/30{1/4 of the frictional wage dispersion observed in the data can be accounted for using realistic calibrations. In this paper, I develop a general equilibrium model with ex ante homogeneous workers but heterogeneous 

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