In a hedonic wage model,heterogeneous workers and firms engage in positive assortative matching in equilibrium.Which of the following is an example of positive assortative
Matching?
A) Dangerous jobs are matched with brave workers and safe jobs are matched with
Wimpy workers.
B) Workers who are comparatively brave are paid less than wimpier workers.
C) Workers who are not equally skilled are paid the same wage.
D) Workers who are more able have more education.
E) Firms that employ comparatively brave workers earn positive economic profits.
Correct Answer:
Verified
Q10: Under an experience-rated workers' compensation system,employers' insurance
Q11: How do economists estimate the value of
Q12: Why are injury and fatality rates endogenously
Q13: In the context of workers' compensation,the replacement
Q14: Assume that a job package is characterized
Q15: Fatality rates vary considerably from one industry
Q17: Hedonic pricing is NOT used to model:
A)
Q18: Assume that a job package is characterized
Q19: The slope of the indifference curve in
Q20: In a hedonic model,each worker's utility,u,depends upon
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents