The Paper examines the time sequencing of UI benefits in a general equilibrium framework, with random matching and … endogenously determined wages. A key feature of the model is that policymakers exploit random matching to produce some assortative … matching through UI policy. The Paper considers a mechanism whereby a declining UI time profile makes unemployed workers …

Does the search and matching model fit aggregate US labour market data? While the model has become an important tool of …

underlying theory is the search and matching model, with workers and firms engaging in costly search leading to random matching … from it, generated by matching. …

This paper surveys the use of search and matching models in macroeconomics. It outlines the standard model, discusses …