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

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 …

A dynamic labour matching economy is presented, in which the unemployed are either entitled to unemployment insurance … (UI) or unemployment assistance (UA), and the employees are either eligible for UI or UA upon future separations … unemployment, while raising UI benefits harms the unemployed on assistance and raises unemployment. Easier eligibility for UI also …

employment prospects. We rely on exact matching to compare workers displaced due to firm closure with similar non …

market performance. We find that developments in wage setting institutions and in unemployment insurance inhibited a return …

2008-2009 crisis. This paper discusses the efficiency of this type of policy and investigates its impact on unemployment … unemployment during downturns. All in all, it seems that short-time work programs used in the recent downturn had significant …

We argue that US welfare would rise if unemployment insurance were increased for younger and decreased for older … workers. This is because the young tend to lack the means to smooth consumption during unemployment and want jobs to … accumulate high-return human capital. So unemployment insurance is most valuable to them, while moral hazard is mild. By …

-linear income taxation in the presence of quasi-linear preferences in leisure by allowing for in-voluntary unemployment, job search …

We develop an equilibrium search-matching model with risk-neutral agents and two-sided ex-ante heterogeneity …. Unemployment insurance has the standard effect of reducing employment, but also helps workers to get a suitable job. The … States in terms of unemployment, productivity growth and wage inequality. To show this, we construct two fictitious economies …