We analyse a labour matching model with wage posting, where ?- refl?ecting institutional constraints - firms cannot differentiate their wage offers within certain subsets of workers. Inter alia, we fi?nd that the presence of impersonal wage offers leads to wage compression, which propagates to the wages for high productivity workers who receive personalised offers.
|Publisher||Edinburgh School of Economics Discussion Paper Series|
|Number of pages||22|
|Publication status||Published - 13 Jun 2013|
|Name||ESE Discussion Papers|