We consider an equilibrium search model with on-the-job search where Þrms set wages. If employers are perfectly aware of all workers job opportunities, then when an employee receives an outside job offer, it is optimal for their employer to try to retain them by matching the offer, so long as...

Il existe une économie politique du redoublement dont il faut essayer de mettre à jour quelques ressorts : le redoublement est une modalité particulière de la gestion du système éducatif qui présente des coûts et des bénéfices et dont l’efficacité est mise en question depuis de...

abstrat

Postel-Vinay and Robin’s (2002) sequential auction model is extended to allow for aggregate productivity shocks. Workers exhibit permanent differences in ability while firms are identical. Negative aggregate productivity shocks induce job destruction by driving the surplus of matches with low...