We present a model of the job market where the number of workers and companies is uncertain, representing the job search activity as a Poisson game. We allow for heterogeneity of workers and companies and show that in equilibrium more productive types choose higher terms of trade. The Poisson search model gives rise to multiple, possibly inefficient equilibria.

Poisson Search

De Sinopoli, Francesco;Meroni, Claudia
2024-01-01

Abstract

We present a model of the job market where the number of workers and companies is uncertain, representing the job search activity as a Poisson game. We allow for heterogeneity of workers and companies and show that in equilibrium more productive types choose higher terms of trade. The Poisson search model gives rise to multiple, possibly inefficient equilibria.
2024
Poisson games; Labor search
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11562/1126091
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