approximate the degree of job competition of employed workers in the search process, reveals strong heterogeneity of matching … ; matching functions ; multiple unemployment equilibria ; on-the-job search ; job-competition …

The estimates of the structural parameters of a job separations model derived from the theory of on-the-job search are … dispersion across employers exists in the sense that different employers offer different wages to the same worker, the theory … search function as well as the parameters of the separations equations. …

setting behavior is in general consistent with the theory. Capacities converge above the Cournot level. Sellers rarely manage …

Modern 'principal-agent theory' has made a lot of progress in proposing theoretical Solutions to agency problems. This … evidence on offered contracts and effort choices in a simple agency game. In line with principal-agent theory we find that in … design has to regard an equity constraint that has so far been neglected by contract theory. In fact, most contract offers …

theory. For example, we find that conditional on local labour market conditions, high unemployment levels in neighbouring …