This paper studies equilibrium unemployment in a two-region economy with matching frictions, where workers and jobs are …. Search-matching externalities are amplified by the latter possibility and by the fact that some workers can simultaneously … receive a job offer from each region. The rest of the framework builds upon Moretti (2011). Increasing the matching …

How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi …

We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …

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

which identical firms post wages and homogeneous workers search for acceptable offers. We allow for matching frictions and …

workers distributed between them. We introduce commuting costs and search-matching frictions to deal with the spatial mismatch …

provides a valid approximation of observed wages and matching patterns for a large part of the data. For low-type workers …

matching function. One can easily choose a calibration to make the cyclical fluctuation in unemployment as large in the model … model as it is in the data. We show with a simple analytical calculation that in the standard job matching model, one cannot …

business cycle model with search and matching frictions. We extend the canonical model by including capital … types. We first find that, the model does a good job at matching the cyclical properties of sectoral employment and the wage …