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On Vacavcies
(1989)
Monopsony and the lifetime relation between wages and productivity
(1985)
We consider the relation between wages and productivity by means of a model based on the following assumptions. Workers live for 2 periods, firms live forever, senior workers differ nontrivially from junior, seniority ...
Job Search and the Duration of Layoff Unemployment
(1982)
This paper derives an optimal job-searching strategy for workers on layoff, and an optimal recall policy for firms, when each side anticipates the other side’s actions correctly. It shows that workers search for an alternative ...
The Expenditure Approach to Calculating the Under-Reporting of Income
(University Press, 1986)