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suppose that wages are determined in search and matching markets through competitive search equilibrium. Instead of firms with potential new job openings posting submarket wages
suppose that wages are determined in search and matching markets through competitive search equilibrium. Instead of firms with potential new job openings posting "submarket" wages and "submarket" tightness, however, it is potential new employees that post "submarket" wages and "submarket" tightness. To make things more concrete, suppose these potential new employees are of "superstar" status
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