This paper provides a microeconomic model of matching which implies that the standard, reduced form approach, is … misspecified. A simple model is analysed (with help-wanted/employment-needed advertising) where the matching rate depends not only …

informative data originating from administrative records. Using a matching estimator for multiple programmes, we find positive …

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

A new methodology is described which tests between various equilibrium theories of unemployment using matching data … identify a matching process using data which is recorded monthly, and also shows how to identify different unemployment … employment agency data for the UK over the period 1985-99. Although the standard random matching approach provides a reasonably …

who suffer involuntary layoffs. Matching and search-island models have labour market frictions and incomplete markets. The …

The matching function describes the flow of job creation as a function of the stocks of unemployed and vacancies. Most …

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 …

employment -- the worker-firm `matching function'. In particular we test the robustness of previous empirical work by checking …