POSITIVE SKILL CLUSTERING IN ROLE‐ASSIGNMENT MATCHING MODELS. (10th April 2022)
- Record Type:
- Journal Article
- Title:
- POSITIVE SKILL CLUSTERING IN ROLE‐ASSIGNMENT MATCHING MODELS. (10th April 2022)
- Main Title:
- POSITIVE SKILL CLUSTERING IN ROLE‐ASSIGNMENT MATCHING MODELS
- Authors:
- Anderson, Axel
- Abstract:
- Abstract: Kremer and Maskin (1996, NBER Working Paper) explore matching when production involves defined roles. Despite underlying Cobb–Douglas production functions, the induced maximum production function is not supermodular (SPM), and positive sorting does not arise. This article introduces and solves a general class of role‐assignment matching models with general SPM production functions. The unique equilibrium entails a novel blend of positive sorting in the large, and locally negative sorting that I call positive clustering. I show how the equilibrium matching changes as the production function changes. In a dynamic extension, sorting, mobility, and wage inequality positively covary with changes in production across matching markets.
- Is Part Of:
- International economic review. Volume 63:Number 4(2022)
- Journal:
- International economic review
- Issue:
- Volume 63:Number 4(2022)
- Issue Display:
- Volume 63, Issue 4 (2022)
- Year:
- 2022
- Volume:
- 63
- Issue:
- 4
- Issue Sort Value:
- 2022-0063-0004-0000
- Page Start:
- 1659
- Page End:
- 1690
- Publication Date:
- 2022-04-10
- Subjects:
- Economics -- Periodicals
330.05 - Journal URLs:
- http://onlinelibrary.wiley.com/ ↗
- DOI:
- 10.1111/iere.12576 ↗
- Languages:
- English
- ISSNs:
- 0020-6598
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 4539.791000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 24363.xml