This book analyzes the regulations and outcomes of labor markets. Chapter One studies the minimum wage effects on selectivity and job specialization by using a matching model in which agents are horizontally differentiated and where the nature of jobs is endogenous. It discusses the interactions between public policies and a firms’ technological choice. Chapter Two answers the question of whether labor market models should be unrealistic and false, or realistic and true. The third chapter focuses on occupational welfare in Denmark.
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