The Employed , the Unemployed , and the Unemployable : Directed Search with Worker Heterogeneity ∗

  • Suren Basov Ian King Lawrence Uren
  • Published 2010

Abstract

We examine the implications of worker heterogeneity on the equilibrium matching process, using a directed search model. Worker abilities are selected from a general distribution, subject to some weak regularity requirements, and the firms direct their job offers to workers. We identify conditions under which some fraction of the workforce will be… (More)

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