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The economics of `new blood'.

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Publication:1411035
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DOI10.1016/S0022-0531(03)00093-0zbMath1064.91056MaRDI QIDQ1411035

Derek Laing, Ping Wang, Theodore Palivos

Publication date: 15 October 2003

Published in: Journal of Economic Theory (Search for Journal in Brave)


zbMATH Keywords

dynamic general equilibriumwage distributionsteady-state equilibriumlabour marketintergenerational rivalrynew bloodproductive edgesearch and matching at labour marketvintage human capital


Mathematics Subject Classification ID

Economic growth models (91B62) General equilibrium theory (91B50) Matching models (91B68)


Related Items (1)

A SEARCH‐EQUILIBRIUM APPROACH TO THE EFFECTS OF IMMIGRATION ON LABOR MARKET OUTCOMES




Cites Work

  • Unequal inequalities. I, II
  • A dynamic equilibrium model of search, bargaining, and money
  • Product diffusion and pricing with market frictions
  • A Model of Growth Through Creative Destruction
  • Time-on-the-Market as a Sign of Quality
  • Ex Ante Price Offers in Matching Games Non-Steady States
  • Job Creation and Job Destruction in the Theory of Unemployment
  • Growth and Unemployment
  • Training and Innovation in an Imperfect Labour Market
  • Learning, Matching and Growth
  • Human Capital, Product Quality, and Growth




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