This paper examines the labour market matching process by distinguishing its two component stages: the contact stage … account for important empirical regularities that the conventional matching model cannot. …

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 …

shape of the distribution and derived measures of inequality, poverty, and mobility. Using employment histories of German …

adjustments. However, little is known about trade-off reasoning in labor market mobility decision making. The objective of this …

reform of the unemployment insurance system in Germany in the course of the Agenda 2010. A dynamic search model is developed … unemployment transfer payments mainly affect unemployed persons with a high income before unemployment. For these persons the …

students often fail to grasp the strategic issues involved. The modified SDA algorithm significantly improves the matching for …

the effects of temporary and permanent sector-specific shocks in a New Keynesian matching model. We show that temporary …

/durables ownership. Using household survey data from Moldova, this paper relies on the matching approach for identification. It is shown …