NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Frictional Wage Dispersion in Search Models: A Quantitative Assessment

Andreas Hornstein, Per Krusell, Giovanni L. Violante

NBER Working Paper No. 13674
Issued in November 2007

---- Acknowledgements -----

We are grateful for comments from Gadi Barlevy, Bjoern Bruegemann, Zvi Eckstein, Chris Flinn, Rasmus Lentz, Dale Mortensen, Giuseppe Moscarini, Fabien Postel-Vinay, Richard Rogerson, Robert Shimer, Philippe Weil, and from many seminar participants. Greg Kaplan and Matthias Kredler provided excellent research assistance. The views expressed here are those of the authors and do not necessarily reflect those of the Federal Reserve Bank of Richmond or the Federal Reserve System. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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