Optimal compensation in competitive labor markets with heterogeneous employers and workers / Samuel Häfner (University of St. Gallen, FGN-HSG), Niklas Haeusle (Leipzig University), Winfried Koeniger (University of St. Gallen, SEW-HSG, CESifo,CFS, IZA and Swiss Finance Institute), Alexander Braun (University of St.Gallen, IVW-HSG) ; IZA Institute of Labor Economics