What explains the within-country spatial mobility of workers? We develop a unifying theoretical framework to quantify the barriers to mobility as well as the benefits of migrating. The framework incorporates life-cycle migration decisions into an equilibrium job search model. Using French...

On-the-job search is increasingly recognized as an important potential driver of labor market dynamics over the business cycle. Using the UK Labor Force Survey, we find robust empirical evidence that on-the-job search is countercyclical, and that the cyclical fluctuations have important...

Humans do not have infinite attention. Contrary to what traditional economic models would predict, only a subset of all available alternatives is considered for most decisions one makes in a lifetime. On top of this, only a limited number of attributes of these alternatives are taken into...

In this article, we provide a novel measure of product differentiation by observing consumer search behavior directly. We track individual consumers in a price search engine and generate a measure of distance in product space, based on goods surveyed conjointly within individual search episodes....

In many economic situations, such as job search and online shopping, agents are sequentially searching for information to choose one of a few options. Information revealed through their search process affects the eventual choice outcomes of such economies. This study explores a Bayesian...

We analyze a multi-period matching market where matching between agents is decided for each time period. To analyze this situation, we embed the situation into the framework of many-to-many matching with contracts where the contract includes the time period at which the matching occurs. While a...

Cross-border migration can act as an important adjustment mechanism to country-specific shocks. Yet, depending on who moves, it can have unintended consequences for business cycle stability. This paper argues that the skill composition of migration plays a critical role. When migration flows...

We provide a general framework to consider the effects of algorithmic demand and supply prediction in matching platforms, such as Task Rabbit for labor markets or Amazon for goods markets, where a significant proportion of matches are repeat transactions. We show that algorithmic repeat match...

In this paper, we study consumer search in a housing market subject to objective frictions induced by intermediaries and psychological frictions intrinsic to in tenants themselves. Using rental data from a leading real estate brokerage company during 2016 and 2018, we find a unimodal...