We analyse a labour matching model with wage posting, where - reflecting institutional constraints - firms cannot differentiate their wage offers within certain subsets of workers. Inter alia, we find that the presence of impersonal wage offers leads to wage compression, which propagates to the wages for high productivity workers who receive personalized offers.
|Publisher||Edinburgh School of Economics Discussion Paper Series|
|Number of pages||21|
|Publication status||Published - Jan 2013|
|Name||ESE Discussion Papers|