The paper presents a tractable general equilibrium model of search unemployment that incorporates absence from work as … among nonemployed individuals interact with their search decisions and trigger movements into and out of the labor force …

those participating in the scheme, and in particular the possible locking-in effect reducing job search. In a general … equilibrium search framework, we show that the effects of workfare policies critically depend on the response of those not in the … implies that unemployed not yet in workfare may search more for regular jobs, and employed may accept lower wages since the …

search productivity of unemployed is constant over the unemployment spell, benefits should typically increase or be constant … increasing benefits, moral hazard problems for constant benefits and decreasing search productivity for decreasing benefits. …

distinction between efficient (cities) and less efficient (non-cities) search markets. One implication of the model is that …

The paper develops a two-sector general equilibrium search model where goods are produced exclusively in the market and …

monitoring and sanctions restores search incentives most effectively, since it brings additional incentives to search actively so …

We propose a theoretical explanation for the so-called “beauty premium”. Our explanation is based entirely on search … interaction between frictional labour and marriage markets and establish the existence of a search equilibrium characterised by …

We develop a three-stage model of abatement technology search, adoption, and deployment. Using this model, which draws … on search theory tools more frequently used in labour and monetary economics, we compare market-based and command …-and-control pollution control instruments with respect to the incentives each provides for abatement technology search and adoption …

equilibrium model with heterogenous labor markets. In this model three different types of unemployment arise: search, rest and …

We study the effects of immigration on native welfare in a general equilibrium model featuring two skill types, search … studied, immigration attenuates the effects of search frictions. These gains tend to outweigh the welfare costs of … in two thirds of countries, contrary to what models without search frictions predict. Average total gains from …