Can the Mortensen‐Pissarides Model with Productivity Changes Explain U.S. Wage Inequality?
检验了带有生产率变化的莫滕森-皮萨里季斯匹配模型能否解释美国工资不平等的时间模式，发现模型产生反事实结果，失败原因可能是外生匹配函数或外生剩余份额。
This article examines whether the Mortensen-Pissarides matching model with productivity changes can explain the time pattern of wage inequality. The main finding is that the model produces counterfactual results. The main source of failure seems to be the exogenous matching function and/or the exogenous surplus share, neither of which allows firms to use wage policies to direct workers' searches.