We develop an empirical search-matching model which is suitable for analyzing the wage, employment and welfare impact … wage determination and employment which extends the current literature on equilibrium wage determination with matching and … of assortative matching between workers and jobs due to complementarities between worker and job characteristics. We use …

violates one of our conditions. Finally, we use our approach to evaluate the evolution of assortative matching in the US over … the last decades, and conclude that assortative matching has increased, particularly at the top of the education …

Do new migration opportunities for rural households change the nature and extent of informal risk sharing? We … in their villages. Our model of endogenous migration and risk sharing shows that risky and temporary migration … opportunities can induce an improvement in risk sharing enabling profitable migration. Accounting for improved risk sharing, the …