Similar Search Results

Housing Search Frictions : Evidence from Detailed Search Data and a Field Experiment

Bergman, Peter - 2020

This paper shows that imperfect information about school quality causes low-income families to live in neighborhoods with lower-performing, more segregated schools. We randomized the addition of school quality information onto a nationwide website of housing listings for families with housing...

Persistent link: https://www.econbiz.de/10012841926

How Wage Announcements Affect Job Search - A Field Experiment

Belot, Michele - 2019

We study how job seekers respond to wage announcements by assigning wages randomly to pairs of otherwise similar vacancies in a large number of professions. High wage vacancies attract more interest, in contrast with much of the evidence based on observational data. Some applicants only show...

Persistent link: https://www.econbiz.de/10012892270

Optimal Stopping in a Dynamic Salience Model

Dertwinkel-Kalt, Markus - 2020

stopping strategy. Guided by salience theory, we theoretically and experimentally analyze the implications of skewness …, and we verify that salience theory coherently explains skewness preferences revealed in static and dynamic decisions …. Based on these findings we conclude that the static salience model—unlike (static) cumulative prospect theory—can be …

Persistent link: https://www.econbiz.de/10012824830

Constrained Fixed Sample Search

Bonilla, Roberto - 2019

Persistent link: https://www.econbiz.de/10012866400

Local Search Markets and External Competition

Legros, Patrick - 2019

Increased competition tends to benefit all buyers with increasing product variety and decreasing prices. However, if local and external market channels compete for the same class of products, increased competition from the external market crowds out local variety. Under local monopoly, local...

Persistent link: https://www.econbiz.de/10012867876

Inconsistent Time Preferences and On-the-Job Search - When it Pays to Be Naive

Fahn, Matthias - 2019

We study optimal employment contracts for present-biased employees who can conduct on-the-job search. Presuming that firms cannot offer long-term contracts, we find that individuals who are naive about their present bias will actually be better off than sophisticated or time-consistent...

Persistent link: https://www.econbiz.de/10012871758

On the Foundations of Competitive Search Equilibrium with and Without Market Makers

Albrecht, James; Cai, Xiaoming; Gautier, Pieter; … - 2021

The literature offers two foundations for competitive search equilibrium, a Nash approach and a market-maker approach. When each buyer visits only one seller (or each worker makes only one job application), the two approaches are equivalent. However, when each buyer visits multiple sellers, this...

Persistent link: https://www.econbiz.de/10013220133

Search, Screening and Sorting

Cai, Xiaoming; Gautier, Pieter; Wolthoff, Ronald P. - 2021

We investigate the effect of search frictions on labor market sorting by constructing a model which is in line with recent evidence that employers collect a pool of applicants before interviewing a subset of them. In this environment, we derive the necessary and sufficient conditions for sorting...

Persistent link: https://www.econbiz.de/10013221175

Time Pressure and Regret in Sequential Search

Klimm, Felix; Kocher, Martin G.; Opitz, Timm; Schudy, Simeon - 2021

interaction on search behavior in a pre-registered, theory-based, and well-powered experiment. We find that urgency reduces …

Persistent link: https://www.econbiz.de/10013224079

Inflation and Output Dynamics in a Model with Labor Market Search and Capital Accumulation

Heer, Burkhard; Maussner, Alfred - 2021

In a sticky-price model with labor market search and habit persistence, Walsh (2005) shows that inertia in the interest rate policy helps to reconcile the inflation and output persistence with empirical observations for the US economy. We show that this finding is sensitive with regard to the...

Persistent link: https://www.econbiz.de/10013316997

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