. Consider the following matching mechanism: take a random draw from the `W=w_j` subgroup of the first population and match her … function (AMF), denote the expected output associated with this match. We show that (i) the AMF is identified when matching is … conditionally exogenous, (ii) conditionally exogenous matching is compatible with a pairwise stable aggregate matching equilibrium …

workers are employed in more productive industries. The evidence confirms assortative matching can be present even when worker …

We consider a matching model of employment with wages that are flexible for new hires, but sticky within matches. We …

We incorporate reference-dependent worker behavior into a search-matching model of the labor market, in which firms …

unemployment and vacancy rates and the related matching function as proxies for the functioning of the labor market and explores …

This paper studies the optimal redistribution of income inequality in a model with search and matching frictions in the …

We set-up a real business cycle model with search and matching frictions driven by several shocks, which nests full … probabilities observed in US, with mixed success in Europe. In contrast, matching shocks and job destruction shocks play a larger …

doctors and psychologists, because couples view pairs of jobs as complements. A stable matching may not exist when couples are … present. We find conditions under which a stable matching exists with high probability in large markets. We present a … mechanism that finds a stable matching with high probability, and which makes truth-telling by all participants an approximate …