Non-Existence of Single-Wage Equilibria in Search Models with Adverse Selection

DOI10.2307/2297867zbMath0756.90017OpenAlexW1983359771MaRDI QIDQ4008558

Susan Vroman, James W. Albrecht

Publication date: 27 September 1992

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2297867

zbMATH Keywords

asymmetric informationadverse selectionnon-existence of a single-wage equilibrium

Mathematics Subject Classification ID

General equilibrium theory (91B50)

Related Items (4)

Contractual distortions in a market with frictions ⋮ Asymmetric information and search frictions: a neutrality result ⋮ Search equilibrium with unobservable investment ⋮ Worker mobility in a search model with adverse selection

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