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Intermediary Organizations in Labor Markets
| Content Provider | Scilit |
|---|---|
| Author | Oishi, Takayuki Tomioka, Jun Sakaue, Shin |
| Copyright Year | 2018 |
| Description | Journal: SSRN Electronic Journal We propose a job matching model of intermediary labor markets by developing the seminal work of Kelso and Crawford. Using this model, we show that for an arbitrary fixed broker-fee rate, the salary-adjustment process converges to a core allocation in intermediary labor markets where high-skilled workers are matched to high-technology firms by the private middleman and low-skilled workers are matched to low-technology firms by the public middleman. This result means that the dual labor market is emerged as a stable outcome of job-matching promoted by the private and public middlemen. Finally, we discuss empirical relevance of our theoretical model by using the data of job placement services in Japan. |
| Related Links | https://www.tcer.or.jp/wp/pdf/e124.pdf https://papers.ssrn.com/sol3/Delivery.cfm?abstractid=3152775 |
| ISSN | 10914358 |
| e-ISSN | 15565068 |
| DOI | 10.2139/ssrn.3152775 |
| Journal | SSRN Electronic Journal |
| Language | English |
| Publisher | Elsevier BV |
| Publisher Date | 2018-03-01 |
| Access Restriction | Open |
| Subject Keyword | Journal: SSRN Electronic Journal Industrial Relations Job Matching Private Middleman Public Middleman Dual Labor Market |
| Content Type | Text |
| Resource Type | Article |
| Subject | Public Health, Environmental and Occupational Health Psychiatry and Mental Health |
