. We sketch the theoretical framework of matching estimators as a substitute for randomization in labor market programs …-in-differences matching estimator of treatment effects. Treatment and control groups are matched over individual observable characteristics …

underlying theory is the search and matching model, with workers and firms engaging in costly search leading to random matching …. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows … from it, generated by matching. …

and by the need to reallocate workers across productive activities. The duration of unemployment and jobs and wage … policies on wages and unemployment. …

This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …

This Paper studies the border between shadow employment and unemployment. It argues that the two macroeconomic … proposes and solves a matching model of the labour market, where shadow employment emerges in equilibrium as the endogenous … the labour market trade-off implied by ‘shadow reducing policies’, it suggests that economies with low unemployment …

This paper develops a matching model of the labour market under wage rigidity when hiring decisions are irreversible … may have increased unemployment, and shows that this is likely to occur if technological change is associated with an …

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

This paper investigates the border between formal employment, shadow employment, and unemployment in an equilibrium … employment is correlated with unemployment, and it is tolerated because the repression of shadow activity increases unemployment … the model. The paper suggests also that policies aimed at reducing the shadow economy are likely to increase unemployment. …

This paper offers an alternative theory for the increase in unemployment and wage inequality experienced in the United … change increases skilled wages, reduces unskilled wages and increases the unemployment rate of both skilled and unskilled …