Marotzke, Petra - Fachbereich Wirtschaftswissenschaften, Universität Konstanz - 2014
explain this outcome, I consider a life-cycle model of labor market search with strategic wage bargaining, heterogeneous firm …-worker matches, and endogenous search effort. Three factors shape the age-inequality profile of wages in the model economy: the time … workers switch employers less frequently and have a longer search history. As workers are differently successful in the labor …