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which identical firms post wages and homogeneous workers search for acceptable offers. We allow for matching frictions and …
Persistent link: https://www.econbiz.de/10011398879
concerns. Instead of exogenously restricting transfers on a matching market, we introduce a desideratum based on fairness …
Persistent link: https://www.econbiz.de/10010519953
matching. The effects of a change of the exogenously given graph (constraints) are investigated. Specifically, we examine to … what extent individuals gain or lose from relaxing restrictions on matching. Sabotage of particular matches or location …
Persistent link: https://www.econbiz.de/10011374193
workers distributed between them. We introduce commuting costs and search-matching frictions to deal with the spatial mismatch …
Persistent link: https://www.econbiz.de/10011342369
Stable matchings may fail to exist in the roommate matching problem, both when utility is transferable and when it is … not. We show that when utility is transferable, the existence of a stable matching is restored when there is an even … individuals of any given type is large enough there always exist "quasi-stable" matchings: a stable matching can be restored with …
Persistent link: https://www.econbiz.de/10010256106
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 …
Persistent link: https://www.econbiz.de/10010477900
We propose a theoretical explanation for the so-called "beauty premium". Our explanation is based entirely on search frictions and the fact that physical appearance plays an important role in attracting a marriage partner. We analyse the interaction between frictional labour and marriage markets...
Persistent link: https://www.econbiz.de/10010491716
these hiring choices. The evidence suggests that firm-specific human capital, asymmetric information, and other frictions …
Persistent link: https://www.econbiz.de/10012546976
We investigate the effect of search frictions on labor market sorting by constructing a model which is in line with recent evidence that employers collect a pool of applicants before interviewing a subset of them. In this environment, we derive the necessary and sufficient conditions for sorting...
Persistent link: https://www.econbiz.de/10012581332
When workers are displaced from their jobs in mass layoffs or firm closures, they experience lasting adverse labor market consequences. We study how these consequences vary with the amount of skill mismatch that workers experience when returning to the labor market. Using novel measures of skill...
Persistent link: https://www.econbiz.de/10013177125