The framework of a general equilibrium heterogeneous agent model is used to study the optimal design of an unemployment … insurance (UI) scheme and the voting behaviour on unemployment policy reforms. In a first step, the optimal defined benefit and …

model with search generated equilibrium unemployment. It is demonstrated that employment improves if a value--added tax is …In this paper, the effects of alternatives to finance unemployment benefits on employment and wages are examined in a …

In this paper we explore the issues of human capita in Kosova, a country which is characterised by high unemployment …

We investigate the steady decline in aggregate unemployment rates in Korea since the 1960's. We argue that a pronounced … decrease in the intensity of reallocation shocks, which resulted in a downward trend in the natural rate of unemployment, has … been an important factor in this decline. Our claim is based on a structural search-matching model, the times series of job …

through search of the neighborhoods of these randomly met nodes. We show that this model exhibits the full spectrum of …. Besides offering a close fit of these diverse networks, the model allows us to impute the relative importance of search versus … random attachment in link formation. We find that the fitted ratio of random meetings to search-based meetings varies …

We study search behavior in a generalized "secretary problem" environment in which consumers search sequentially for … make no distributional assumptions about the quality of the alternatives. Rather, at each stage of the search the consumers …. Our study departs from previous experimental investigations of the secretary problem by including search costs and …

We study an equilibrium sequential search model where buyers have potentially downward-sloping demand and with … bilateral heterogeneity in buyers' search costs and firms' production costs. We show that downward- sloping demand and … distribution of search costs is 'uniform-like'. It follows that the set of equilibrium price distributions is nonempty and has a …

(theoretically) that adding search to a simple bargaining mechanism eliminates some unsatisfactory features of bargaining theory. Our …, the buyer can choose to leave the negotiation table to search for other alternatives. Under one version, if the buyer … chooses to search for a better price, the opportunity to purchase the good at the stated price is gone. Under the second …

focuses on the search for partners and the formation and break-up of teams. Under no restrictions, there is too much searching …