There is strong empirical evidence for Cobb-Douglas matching functions. We show in this paper that this widely found … underlying mechanisms. Obviously, it can be generated by assuming a Cobb-Douglas matching function. Less obvious, the same … idiosyncratic productivity can explain the observed negative time trend in estimated matching efficiency and asymmetric business …

This paper presents a theoretical framework analyzing the signalling channel of exchange rate interventions as an … informational trigger. We develop an implicit target zone framework with learning in order to model the signalling channel. The … theoretical premise of the model is that interventions convey signals that communicate information about the exchange rate …

concerns. Instead of exogenously restricting transfers on a matching market, we introduce a desideratum based on fairness …

We show that in a Ricardo-Viner-type trade model with unemployment due to search and matching the productivity effect …

We develop a two-sided matching model to analyze collaboration between heterogeneous academics and firms. We predict a … positive assortative matching in terms of both scientific ability and affinity for type of research, but negative assortative …

unemployment and vacancy rates and the related matching function as proxies for the functioning of the labor market and explores …

-called matching approaches. Matching schemes are regarded as providing a promising approach to overcome under supply of public goods … like climate protection. The functioning of matching mechanisms in a setting with an incomplete agreement, i.e. a contract … by analyzing incomplete matching agreements in the context of international climate protection. We analyze their effect …