This paper surveys the use of search and matching models in macroeconomics. It outlines the standard model, discusses …

This paper develops a matching model of the labour market under wage rigidity when hiring decisions are irreversible …

This paper uses the Italian Social Security employer-employee panel to study the effects of the Italian reform of 1990 …

matching model that illustrates how barriers to entry in the product market mitigate the impact of labour market deregulation …. We then use the Italian Social Security employer-employee panel to study the interaction between barriers to entry and …

In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …

endogenously determined wages. A key feature of the model is that policymakers exploit random matching to produce some assortative …The Paper examines the time sequencing of UI benefits in a general equilibrium framework, with random matching and … matching through UI policy. The Paper considers a mechanism whereby a declining UI time profile makes unemployed workers …

underlying theory is the search and matching model, with workers and firms engaging in costly search leading to random matching … from it, generated by matching. …

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 …