all their candidates) only wage mechanisms that allow for ex post Bertrand competition generate the maximum matching on a …

According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when …

Recruitment behavior is important for the matching process in the labor market. Using unique linked survey … effort, lower hiring standards and more generous wages. To analyze the mechanisms behind these patterns, we develop a … points to an important role of hiring standards for matching efficiency and for the impact of labor market policy, whereas …

immigrants' wages are the lowest of all workers due to their ineligibility for unemployment benefits and lower wage bargaining …, resulting in gains in terms of both employment and wages for natives, which does not hold for documented immigration. Stricter … effect if it targets employed workers because this leads to a risk premium in their wages. Finally, I present empirical …

performance and welfare. Lower immigration leads to higher wages for low-skilled workers and higher consumer prices. Importantly …

search and matching model of the labor market. Removing the biases could substantially increase wages and expected lifetime … expectations and wages, and a significantly positive relationship between optimistic bias in job finding expectations and …

-skilled labor increases. This suppresses wages of low-skilled workers and/or increases their unemployment rates. On the other hand … for the years 1970 - 2004, we document how the volatility of hours worked and of wages of workers at different skill …

cycle. While wages of the median establishment are moderately procyclical, 36 percent of establishments have countercyclical … wages. We estimate a negative connection between establishments' wage cyclicality and their employment cyclicality, thereby …