The extent to which marriage market conditions explain differences in marriage and employment decisions across blacks and whites and across men and women is considered in a dynamic, two-sided model of marriage. The quantity and quality of men and women in the marriage market evolve endogenously...

The unempoyment rise in Eu countries has been particularly strong for low-skilled workers. This observation has often been explained in terms of biased technical change and relative wage rigidities. More attention has been paid recently to an alternative mechanism, the crowding-out of low-skiled...

The extent to which marriage market conditions explain differences in marriage and employment decisions across blacks and whites and across men and women is considered in a dynamic, two-sided model of marriage. The quantity and quality of men and women in the marriage market evolve endogenously...

This paper introduces directed search into the sequential search model of Diamond (1971) by allowing buyers to observe the distribution of prices charged by two (or more) distinct subgroups of firms in the market. This enables buyers to direct their searches towards the most desirable group of...

This paper is concerned with the general equilibrium effects of active labor market programs and the unemployment insurance system (the replacement ratio and the level of sanctions). It develops an equilibrium job matching model where active programs and the rate of sanctions have an amiguous...