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 …

of the job. Individual wealth and ability are private information. Educational achievement and realized productivity are …

This paper demonstrates the way in which stock-flow matching with endogenous seller entry generates hot and cold spells …

marriage market, male reservation wages linked to productivities do affect the resulting assortative matching structure, and …

signaling game between the third party and her ally's enemy where preferences do not satisfy the single-crossing condition … information about the strength of her ally's enemy can be strategically exploited by the enemy through pronouncements that would … information to the third party. In some cases, the third party and her ally are strictly better off if the third-party's decision …