{"id":"https://openalex.org/W2149680373","doi":"https://doi.org/10.1142/s0219525904000135","title":"MATCHING, BARGAINING, AND WAGE SETTING IN AN EVOLUTIONARY MODEL OF LABOR MARKET AND OUTPUT DYNAMICS","display_name":"MATCHING, BARGAINING, AND WAGE SETTING IN AN EVOLUTIONARY MODEL OF LABOR MARKET AND OUTPUT DYNAMICS","publication_year":2004,"publication_date":"2004-06-01","ids":{"openalex":"https://openalex.org/W2149680373","doi":"https://doi.org/10.1142/s0219525904000135","mag":"2149680373"},"language":"en","primary_location":{"id":"doi:10.1142/s0219525904000135","is_oa":false,"landing_page_url":"https://doi.org/10.1142/s0219525904000135","pdf_url":null,"source":{"id":"https://openalex.org/S107361000","display_name":"Advances in Complex Systems","issn_l":"0219-5259","issn":["0219-5259","1793-6802","1793-9615","1793-9623"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319815","host_organization_name":"World Scientific","host_organization_lineage":["https://openalex.org/P4310319815"],"host_organization_lineage_names":["World Scientific"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Advances in Complex Systems","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://iris.unitn.it/bitstream/11572/53441/1/fdg_paper-1.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5066582682","display_name":"Giorgio Fagiolo","orcid":"https://orcid.org/0000-0001-5355-3352"},"institutions":[{"id":"https://openalex.org/I162290304","display_name":"Scuola Superiore Sant'Anna","ror":"https://ror.org/025602r80","country_code":"IT","type":"education","lineage":["https://openalex.org/I162290304"]}],"countries":["IT"],"is_corresponding":false,"raw_author_name":"G. FAGIOLO","raw_affiliation_strings":["L.E.M., Sant'Anna School of Advanced Studies, Pisa, Italy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"L.E.M., Sant'Anna School of Advanced Studies, Pisa, Italy","institution_ids":["https://openalex.org/I162290304"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5060960665","display_name":"Giovanni Dosi","orcid":"https://orcid.org/0000-0002-0126-9349"},"institutions":[{"id":"https://openalex.org/I162290304","display_name":"Scuola Superiore Sant'Anna","ror":"https://ror.org/025602r80","country_code":"IT","type":"education","lineage":["https://openalex.org/I162290304"]}],"countries":["IT"],"is_corresponding":false,"raw_author_name":"G. DOSI","raw_affiliation_strings":["L.E.M., Sant'Anna School of Advanced Studies, Pisa, Italy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"L.E.M., Sant'Anna School of Advanced Studies, Pisa, Italy","institution_ids":["https://openalex.org/I162290304"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5043909025","display_name":"Roberto Gabriele","orcid":"https://orcid.org/0000-0003-4819-0758"},"institutions":[{"id":"https://openalex.org/I162290304","display_name":"Scuola Superiore Sant'Anna","ror":"https://ror.org/025602r80","country_code":"IT","type":"education","lineage":["https://openalex.org/I162290304"]},{"id":"https://openalex.org/I193223587","display_name":"University of Trento","ror":"https://ror.org/05trd4x28","country_code":"IT","type":"education","lineage":["https://openalex.org/I193223587"]}],"countries":["IT"],"is_corresponding":false,"raw_author_name":"R. GABRIELE","raw_affiliation_strings":["D.I.S.A., University of Trento, Trento, Italy","L.E.M., Sant'Anna School of Advanced Studies, Pisa, Italy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"D.I.S.A., University of Trento, Trento, Italy","institution_ids":["https://openalex.org/I193223587"]},{"raw_affiliation_string":"L.E.M., Sant'Anna School of Advanced Studies, Pisa, Italy","institution_ids":["https://openalex.org/I162290304"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":18.7148,"has_fulltext":true,"cited_by_count":97,"citation_normalized_percentile":{"value":0.98948161,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":93,"max":99},"biblio":{"volume":"07","issue":"02","first_page":"157","last_page":"186"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.9972000122070312,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.9972000122070312,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12851","display_name":"Firm Innovation and Growth","score":0.9965999722480774,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10208","display_name":"Labor market dynamics and wage inequality","score":0.992900013923645,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.8169106245040894},{"id":"https://openalex.org/keywords/volatility","display_name":"Volatility (finance)","score":0.6650720238685608},{"id":"https://openalex.org/keywords/returns-to-scale","display_name":"Returns to scale","score":0.6377145051956177},{"id":"https://openalex.org/keywords/wage","display_name":"Wage","score":0.601027250289917},{"id":"https://openalex.org/keywords/matching","display_name":"Matching (statistics)","score":0.54074627161026},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.5169283747673035},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.45584553480148315},{"id":"https://openalex.org/keywords/labor-demand","display_name":"Labor demand","score":0.4368242621421814},{"id":"https://openalex.org/keywords/beveridge-curve","display_name":"Beveridge curve","score":0.416044145822525},{"id":"https://openalex.org/keywords/production","display_name":"Production (economics)","score":0.35344475507736206},{"id":"https://openalex.org/keywords/unemployment","display_name":"Unemployment","score":0.339076429605484},{"id":"https://openalex.org/keywords/labour-economics","display_name":"Labour economics","score":0.32527291774749756},{"id":"https://openalex.org/keywords/macroeconomics","display_name":"Macroeconomics","score":0.15710636973381042},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.08278593420982361}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8169106245040894},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.6650720238685608},{"id":"https://openalex.org/C165083353","wikidata":"https://www.wikidata.org/wiki/Q282942","display_name":"Returns to scale","level":3,"score":0.6377145051956177},{"id":"https://openalex.org/C2777388388","wikidata":"https://www.wikidata.org/wiki/Q6821213","display_name":"Wage","level":2,"score":0.601027250289917},{"id":"https://openalex.org/C165064840","wikidata":"https://www.wikidata.org/wiki/Q1321061","display_name":"Matching (statistics)","level":2,"score":0.54074627161026},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.5169283747673035},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.45584553480148315},{"id":"https://openalex.org/C2779739803","wikidata":"https://www.wikidata.org/wiki/Q2355320","display_name":"Labor demand","level":3,"score":0.4368242621421814},{"id":"https://openalex.org/C190175210","wikidata":"https://www.wikidata.org/wiki/Q851642","display_name":"Beveridge curve","level":4,"score":0.416044145822525},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.35344475507736206},{"id":"https://openalex.org/C2778126366","wikidata":"https://www.wikidata.org/wiki/Q41171","display_name":"Unemployment","level":2,"score":0.339076429605484},{"id":"https://openalex.org/C145236788","wikidata":"https://www.wikidata.org/wiki/Q28161","display_name":"Labour economics","level":1,"score":0.32527291774749756},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.15710636973381042},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.08278593420982361},{"id":"https://openalex.org/C2994488168","wikidata":"https://www.wikidata.org/wiki/Q41171","display_name":"Unemployment rate","level":3,"score":0.0},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.0}],"mesh":[],"locations_count":6,"locations":[{"id":"doi:10.1142/s0219525904000135","is_oa":false,"landing_page_url":"https://doi.org/10.1142/s0219525904000135","pdf_url":null,"source":{"id":"https://openalex.org/S107361000","display_name":"Advances in Complex Systems","issn_l":"0219-5259","issn":["0219-5259","1793-6802","1793-9615","1793-9623"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319815","host_organization_name":"World Scientific","host_organization_lineage":["https://openalex.org/P4310319815"],"host_organization_lineage_names":["World Scientific"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Advances in Complex Systems","raw_type":"journal-article"},{"id":"pmh:oai:iris.unitn.it:11572/53441","is_oa":true,"landing_page_url":"http://hdl.handle.net/11572/53441","pdf_url":"https://iris.unitn.it/bitstream/11572/53441/1/fdg_paper-1.pdf","source":{"id":"https://openalex.org/S4306401913","display_name":"Institutional Research Information System (Universit\u00e0 degli Studi di Trento)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I193223587","host_organization_name":"University of Trento","host_organization_lineage":["https://openalex.org/I193223587"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:RePEc:wsi:acsxxx:v:07:y:2004:i:02:n:s0219525904000135","is_oa":false,"landing_page_url":"http://www.worldscientific.com/doi/abs/10.1142/S0219525904000135","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:RePEc:wsi:acsxxx:v:07:y:2004:i:02:p:157-186","is_oa":false,"landing_page_url":"http://www.worldscinet.com/cgi-bin/details.cgi?type=html&amp;id=pii:S0219525904000135","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"article"},{"id":"pmh:oai:www.iris.sssup.it:11382/103364","is_oa":true,"landing_page_url":"http://hdl.handle.net/11382/103364","pdf_url":null,"source":{"id":"https://openalex.org/S4377196376","display_name":"CINECA IRIS Institutional Research Information System (Sant'Anna School of Advanced Studies)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I162290304","host_organization_name":"Scuola Superiore Sant'Anna","host_organization_lineage":["https://openalex.org/I162290304"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:www.iris.sssup.it:11382/301027","is_oa":false,"landing_page_url":"http://hdl.handle.net/11382/301027","pdf_url":null,"source":{"id":"https://openalex.org/S4377196376","display_name":"CINECA IRIS Institutional Research Information System (Sant'Anna School of Advanced Studies)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I162290304","host_organization_name":"Scuola Superiore Sant'Anna","host_organization_lineage":["https://openalex.org/I162290304"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"info:eu-repo/semantics/bookPart"}],"best_oa_location":{"id":"pmh:oai:iris.unitn.it:11572/53441","is_oa":true,"landing_page_url":"http://hdl.handle.net/11572/53441","pdf_url":"https://iris.unitn.it/bitstream/11572/53441/1/fdg_paper-1.pdf","source":{"id":"https://openalex.org/S4306401913","display_name":"Institutional Research Information System (Universit\u00e0 degli Studi di Trento)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I193223587","host_organization_name":"University of Trento","host_organization_lineage":["https://openalex.org/I193223587"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"info:eu-repo/semantics/article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth","score":0.75}],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2149680373.pdf","grobid_xml":"https://content.openalex.org/works/W2149680373.grobid-xml"},"referenced_works_count":35,"referenced_works":["https://openalex.org/W1510719469","https://openalex.org/W1527749664","https://openalex.org/W1548619595","https://openalex.org/W1590568931","https://openalex.org/W1978949361","https://openalex.org/W1980616374","https://openalex.org/W1996153090","https://openalex.org/W2002087861","https://openalex.org/W2008121102","https://openalex.org/W2033463157","https://openalex.org/W2056401733","https://openalex.org/W2057032444","https://openalex.org/W2059242340","https://openalex.org/W2106155412","https://openalex.org/W2114079741","https://openalex.org/W2125549684","https://openalex.org/W2129666687","https://openalex.org/W2141042444","https://openalex.org/W2158438518","https://openalex.org/W2160601397","https://openalex.org/W2163047161","https://openalex.org/W2165208714","https://openalex.org/W2324788558","https://openalex.org/W2331124147","https://openalex.org/W2889011686","https://openalex.org/W3121519387","https://openalex.org/W3123273839","https://openalex.org/W3123464746","https://openalex.org/W3124973903","https://openalex.org/W3126073241","https://openalex.org/W3143243128","https://openalex.org/W3146873411","https://openalex.org/W4233189807","https://openalex.org/W4285719527","https://openalex.org/W4388062248"],"related_works":["https://openalex.org/W2883532162","https://openalex.org/W1538329128","https://openalex.org/W2483730166","https://openalex.org/W3121576262","https://openalex.org/W2183555477","https://openalex.org/W2001514808","https://openalex.org/W3136724580","https://openalex.org/W4288333908","https://openalex.org/W2066310099","https://openalex.org/W4362685856"],"abstract_inverted_index":{"In":[0],"this":[1],"paper,":[2],"we":[3,79],"present":[4],"an":[5,47,122],"agent-based,":[6],"evolutionary,":[7],"model":[8,44,100,168],"of":[9,42,50,53,70,87,92,158],"output-":[10],"and":[11,32,59,73,108,115,151,163,183],"labor-market":[12],"dynamics.":[13],"Firms":[14],"produce":[15],"a":[16,82],"homogeneous,":[17],"perishable":[18],"good":[19],"under":[20,111],"constant":[21,136],"returns":[22,137],"to":[23,36,103,138],"scale":[24],"using":[25],"labor":[26],"only.":[27],"Labor":[28],"productivities":[29],"are":[30],"firm-specific":[31],"change":[33],"stochastically":[34],"due":[35],"technical":[37],"progress.":[38],"The":[39,118],"key":[40],"feature":[41],"the":[43,51,90,99,156,167],"resides":[45],"in":[46,149,160],"explicit":[48],"microfoundation":[49],"processes":[52],":":[54],"(i)":[55],"matching":[56],"between":[57],"firms":[58,88,131],"workers,":[60],"(ii)":[61],"job":[62],"search,":[63],"(iii)":[64],"wage":[65],"setting,":[66],"(iv)":[67],"endogenous":[68,75],"formation":[69],"aggregate":[71,177],"demand,":[72],"(v)":[74],"price":[76],"formation.":[77],"Moreover,":[78],"allow":[80],"for":[81],"competitive":[83],"process":[84],"entailing":[85],"selection":[86],"on":[89],"basis":[91],"their":[93],"revealed":[94],"competitiveness.":[95],"Simulations":[96],"show":[97],"that":[98,145],"is":[101],"able":[102],"robustly":[104],"reproduce":[105],"Beveridge,":[106],"Wage":[107],"Okun":[109,123,150],"curves":[110,153],"quite":[112],"broad":[113],"behavioral":[114],"institutional":[116],"settings.":[117],"system":[119,174],"generates":[120,169],"endogenously":[121],"coefficient":[124],"greater":[125],"than":[126],"one":[127],"even":[128],"if":[129],"individual":[130],"employ":[132],"production":[133],"functions":[134],"exhibiting":[135],"labor.":[139],"Monte":[140],"Carlo":[141],"simulations":[142],"also":[143],"indicate":[144],"statistically":[146],"detectable":[147],"shifts":[148],"Beveridge":[152],"emerge":[154],"as":[155],"result":[157],"changes":[159],"institutional,":[161],"behavioral,":[162],"technological":[164],"parameters.":[165],"Finally,":[166],"sharp":[170],"predictions":[171],"about":[172],"how":[173],"parameters":[175],"affect":[176],"performance":[178],"(i.e.":[179],"average":[180],"GDP":[181],"growth)":[182],"its":[184],"volatility.":[185]},"counts_by_year":[{"year":2026,"cited_by_count":4},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":4},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":3},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":6},{"year":2017,"cited_by_count":6},{"year":2016,"cited_by_count":5},{"year":2015,"cited_by_count":4},{"year":2014,"cited_by_count":5},{"year":2013,"cited_by_count":4},{"year":2012,"cited_by_count":8}],"updated_date":"2026-08-19T15:00:24.278416","created_date":"2025-10-10T00:00:00"}
