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 …

possibility of differential productivity across occupations. The model combines moral hazard and matching of physicians and … occupations with pre-matching investments. In equilibrium assortative matching takes place; more able physicians join occupations … less exposed to moral hazard risk, face more powerful performance incentives, and are more productive. Under-consumption of …

greater homophily is associated with publication in lower impact journals and with fewer citations, even holding fixed the … get published in higher impact journals and receive more citations than others. These findings suggest that diversity in … and citations. …

Excellence Framework (REF) 2014. In the REF, peer-review panels will be provided with information on publications and citations … an intuitive way on the concept of Bayesian updating (where citations gradually reveal information about the initially …

movers and stayers have identical h-index citations scores. Immigrants in the UK and US now win Nobel Prizes proportionately …

citations data on 450 genuinely world-leading journal articles over the Research Excellence Framework period 2008-2014. The UK …

are dangerous. It uses total citations over a quarter of a century as the criterion. The paper finds that it is far better …