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Article: The comparative statics of differential rents in two-sided matching markets
Title | The comparative statics of differential rents in two-sided matching markets |
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Authors | |
Keywords | Assignment model Skill premium Stochastic dominance |
Issue Date | 2007 |
Publisher | Springer New York LLC. The Journal's web site is located at http://springerlink.metapress.com/openurl.asp?genre=journal&issn=1569-1721 |
Citation | Journal Of Economic Inequality, 2007, v. 5 n. 2, p. 149-158 How to Cite? |
Abstract | This paper studies how shifts in the distribution of quality on one side of the market affect earnings on the other side in a model of one-to-one matching. A more dispersed distribution of quality hurts the low ability agents on the other side because they are matched to inferior partners. Earnings being a differential rent in these markets, this pulls down the earnings of high quality agents as well. It is shown that a more dispersed ability distribution reduces total earnings on the opposite side of the market. Under some conditions, all agents on that side are hurt. © Springer Science+Business Media, Inc. 2006. |
Persistent Identifier | http://hdl.handle.net/10722/85718 |
ISSN | 2023 Impact Factor: 3.6 2023 SCImago Journal Rankings: 1.210 |
References |
DC Field | Value | Language |
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dc.contributor.author | Suen, W | en_HK |
dc.date.accessioned | 2010-09-06T09:08:23Z | - |
dc.date.available | 2010-09-06T09:08:23Z | - |
dc.date.issued | 2007 | en_HK |
dc.identifier.citation | Journal Of Economic Inequality, 2007, v. 5 n. 2, p. 149-158 | en_HK |
dc.identifier.issn | 1569-1721 | en_HK |
dc.identifier.uri | http://hdl.handle.net/10722/85718 | - |
dc.description.abstract | This paper studies how shifts in the distribution of quality on one side of the market affect earnings on the other side in a model of one-to-one matching. A more dispersed distribution of quality hurts the low ability agents on the other side because they are matched to inferior partners. Earnings being a differential rent in these markets, this pulls down the earnings of high quality agents as well. It is shown that a more dispersed ability distribution reduces total earnings on the opposite side of the market. Under some conditions, all agents on that side are hurt. © Springer Science+Business Media, Inc. 2006. | en_HK |
dc.language | eng | en_HK |
dc.publisher | Springer New York LLC. The Journal's web site is located at http://springerlink.metapress.com/openurl.asp?genre=journal&issn=1569-1721 | en_HK |
dc.relation.ispartof | Journal of Economic Inequality | en_HK |
dc.subject | Assignment model | en_HK |
dc.subject | Skill premium | en_HK |
dc.subject | Stochastic dominance | en_HK |
dc.title | The comparative statics of differential rents in two-sided matching markets | en_HK |
dc.type | Article | en_HK |
dc.identifier.openurl | http://library.hku.hk:4550/resserv?sid=HKU:IR&issn=1569-1721&volume=&spage=149&epage=158&date=2007&atitle=The+Comparative+Statics+of+Differential+Rents+in+Two-Sided+Matching+Markets | en_HK |
dc.identifier.email | Suen, W: hrneswc@hkucc.hku.hk | en_HK |
dc.identifier.authority | Suen, W=rp00066 | en_HK |
dc.description.nature | link_to_subscribed_fulltext | - |
dc.identifier.doi | 10.1007/s10888-006-9034-8 | en_HK |
dc.identifier.scopus | eid_2-s2.0-33947218383 | en_HK |
dc.identifier.hkuros | 126785 | en_HK |
dc.relation.references | http://www.scopus.com/mlt/select.url?eid=2-s2.0-33947218383&selection=ref&src=s&origin=recordpage | en_HK |
dc.identifier.volume | 5 | en_HK |
dc.identifier.issue | 2 | en_HK |
dc.identifier.spage | 149 | en_HK |
dc.identifier.epage | 158 | en_HK |
dc.publisher.place | United States | en_HK |
dc.identifier.scopusauthorid | Suen, W=7006977946 | en_HK |
dc.identifier.citeulike | 1229105 | - |
dc.identifier.issnl | 1569-1721 | - |