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来源类型Working Paper
规范类型报告
DOI10.3386/w29290
来源IDWorking Paper 29290
Sorting with Team Formation
Job Boerma; Aleh Tsyvinski; Alexander P. Zimin
发表日期2021-09-27
出版年2021
语种英语
摘要We fully solve an assignment problem with heterogeneous firms and multiple heterogeneous workers whose skills are imperfect substitutes, that is, when production is submodular. We show that sorting is neither positive nor negative and is characterized sufficiently by two regions. In the first region, mediocre firms sort with mediocre workers and coworkers such that output losses are equal across all these pairings (complete mixing). In the second region, high skill workers sort with a low skill coworker and a high productivity firm, while high productivity firms employ a low skill worker and a high skill coworker (pairwise countermonotonicity). The equilibrium assignment is also necessarily characterized by product countermonotonicity, meaning that sorting is negative for each dimension of heterogeneity with the product of heterogeneity in the other dimensions. The equilibrium assignment as well as wages and firm values are completely characterized in closed form. We illustrate our theory with an application to show that our model is consistent with the observed dispersion of earnings within and across U.S. firms. Our counterfactual analysis gives evidence that the change in the firm project distribution between 1981 and 2013 has a larger effect on the observed change in earnings dispersion than the change in the worker skill distribution.
主题Macroeconomics ; Labor Economics
URLhttps://www.nber.org/papers/w29290
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/586964
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GB/T 7714
Job Boerma,Aleh Tsyvinski,Alexander P. Zimin. Sorting with Team Formation. 2021.
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