This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … to job queues. Using U.K. data and correcting for temporal aggregation bias, estimates of the random matching function … are consistent with previous work in this field, but random matching is formally rejected by the data. The data instead …

Reduced- form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may …

higher post-unemployment wages but not faster matches, so aggregate matching functions are unaffected by scale. …Reduced-form tests of scale effects in markets with search, based on aggregate matching functions, may miss important …

, education or social class. The literatures on education and income mobility reveal a similar ranking with South America, other … second part of the paper looks for explanations for the differences in earnings and education persistence and finds that … mobility is negatively correlated with inequality and the return to education but positively correlated with a nation …

The labor search and matching model plays a growing role in macroeconomic analysis. This paper provides a critical …, selective survey of the literature. Four fundamental questions are explored: how are unemployment, job vacancies, and employment …

countries in terms of education, earnings, and employment. …

-city matching in particular. I reject the alternative hypothesis that mobility differences are driven by variation in the moving …

Average unemployment in Europe today is relatively high compared with OECD countries outside Europe. The majority of … countries in Europe today have lower unemployment than any OECD country outside Europe, including the US. These two fa cts are …), have very high unemployment and most of the rest have comparatively low unemployment. This variability is highly …