underlying theory is the search and matching model, with workers and firms engaging in costly search leading to random matching …The Beveridge curve depicts a negative relationship between unemployed workers and job vacancies, a robust finding … from it, generated by matching. …

underlying theory is the search and matching model, with workers and firms engaging in costly search leading to random matching …The Beveridge curve depicts a negative relationship between unemployed workers and job vacancies, a robust finding … from it, generated by matching. …

bargaining in the matching process from the employer's side. We show that both modes of wage determination coexist in the German …

equilibrium search and matching model with risk-averse workers and two states, namely, a good and a bad state. The model yields …

This paper considers a matching model with heterogenous jobs (unskilled and skilled) and workers (low and high …-educated) which allows for on-the-job search by mismatched workers. The latter are high-educated workers who transitorily accept … unskilled jobs and continue to search for skilled jobs. Our findings show that on-the-job search introduces an additional source …

avoiding problems of mismeasurement of local labor markets encountered in previous work. We develop a theory of job search … across space that allows us to estimate a matching process with a very large number of areas. Estimates of this model show …

This paper examines wage dispersion and wage dynamics in a stock-flow matching economy with on-the-job search. Under … stock-flow matching, job seekers immediately become fully informed about the stock of viable vacancies. If only one option …