CORDIS Project
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WASP focuses on developing models to analyze labor market dynamics, including productivity and employment policies. It aims to understand how various factors affect wage dynamics and job matching in a heterogeneous workforce.
WASP is aimed at developing realistic empirical equilibrium search models of the labour market, with heterogeneous agents and long-term self-enforcing contracts, that• Can help better understand rent sharing mechanisms in labour markets, •
Allow for multiple sources of productivity dynamics, including deterministic human capital accumulation and idiosyncratic productivity shocks, • Do not rule out sorting by assumption, nor the possibility of mismatch – as in perfectly
competitive Beckerian marr…
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LONDON
Type: University / higher education
Activity type: Higher or Secondary Education Establishments
SME: No
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