When workers send applications to vacancies they create a network. Frictions arise if workers do not know where other … workers apply to (this affects network creation) and firms do not know which candidates other firms consider (this affects … network clearing). We show that those frictions and the wage mechanism are in general not independent. Equilibria that exhibit …

that the completely connected network is stable, although, its exact structure, and thus contagion implications, is …

We build and estimate a non-stationary structural job search model that incorporates the main stylized features of a … typical job search monitoring scheme in unemployment insurance (UI) and acknowledges that search effort and requirements are … measured imperfectly. Based on Belgian data, monitoring is found to affect search behavior only weakly, because (i) assessments …

business cycle model with search and matching frictions. We extend the canonical model by including capital …

received a brochure that informed them about job search strategies and the consequences of unemployment, and motivated them to …

We structurally estimate an equilibrium search model using German administrative data and use this for counterfactual …-segment variation of the estimated effects is mostly driven by firm productivity levels rather than by search frictions or the …

We construct a simple equilibrium search model in which workers accumulate information about previously met employment … contacts. We term the latter search capital. Here search capital (partially) insures workers against adverse shocks. The model …

This paper develops a new equilibrium model of two-sided search where agents have multiple attributes and general …

Since July 2004 the job search effort of long-term unemployed benefit claimants is monitored in Belgium. We exploit the … job search is verified. The threat of monitoring increases transitions to employment, but of lower quality. In the less …