Lindenlaub, Ilse;
Postel-Vinay, Fabien;
(2023)
Multidimensional Sorting under Random Search.
Journal of Political Economy
, 131
(12)
pp. 3497-3539.
10.1086/725362.
![[thumbnail of Postel-Vinay_725362.pdf]](https://discovery.ucl.ac.uk/style/images/fileicons/text.png) |
Text
Postel-Vinay_725362.pdf Access restricted to UCL open access staff until 29 November 2024. Download (420kB) |
Abstract
We analyze sorting in a frictional labor market when workers and jobs have multidimensional characteristics. We say that matching is positive assortative in dimension (j, k) if workers with higher endowment in skill k are matched to a job distribution with higher values of attribute j in the first-order stochastic dominance sense. Crucial for sorting is a single-crossing property of technology. Sorting is positive between worker-job attributes with strong complementarities but negative in other dimensions. Finally, sorting is based on comparative advantage: workers sort into jobs that suit their skill mix rather than their overall skill level.
| Type: | Article |
|---|---|
| Title: | Multidimensional Sorting under Random Search |
| DOI: | 10.1086/725362 |
| Publisher version: | https://doi.org/10.1086/725362 |
| Language: | English |
| Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions. |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL SLASH UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10165348 |
Archive Staff Only
 |
View Item |
