Globalization and the market for high‐ability managers. (March 2014)

• Record Type: Journal Article
• Authors: Davidson, Carl; Matusz, Steven J.
• Is Part Of: International journal of economic theory. Volume 10:Number 1(2014:Mar.)
• Page Start: 107
• Page End: 124
• Publication Date: 2014-03
• Subjects: Economics -- Periodicals; 330.01
• DOI: 10.1111/ijet.12030
• Languages: English
• ISSNs: 1742-7355

Abstract

<abstract abstract-type="main" xml:lang="en"> <title>Abstract</title> <sec id="ijet12030-sec-0001" sec-type="section"> <p>We add heterogeneous workers and search‐generated unemployment to a Melitz‐style economy. Depending on their productivity, firms choose to search exclusively for one of two types of skilled workers, or possibly undertake a broad search for either. Increased globalization changes the cost–benefit calculus of different search strategies and therefore alters the range of firms willing to implement the alternative search strategies.</p> </sec> </abstract>