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 …

Recruitment behavior is important for the matching process in the labor market. Using unique linked survey …-administrative data, we explore the relationships between hiring and recruitment policies. Faster hiring goes along with higher search … directed search model in which firms use different recruitment margins in response to productivity shocks. The calibrated model …

over the business cycle. These patterns can be replicated by enhancing a search and matching model with idiosyncratic …This paper shows that the matching function and the Beveridge curve in the United States exhibit strong nonlinearities …

There is strong empirical evidence for Cobb-Douglas matching functions. We show in this paper that this widely found … relation between matches on the one hand and unemployment and vacancies on the other hand can be the result of different … underlying mechanisms. Obviously, it can be generated by assuming a Cobb-Douglas matching function. Less obvious, the same …

market search model. Absent the reform, unemployment rates would be 50% higher today. …

unemployment and vacancy rates and the related matching function as proxies for the functioning of the labor market and explores …

According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when … inflow of new vacancies. We construct a simple model with on-the-job search and show that it is broadly consistent with the … unemployment makes it easier to fill vacancies. Instead, there are few vacancies when unemployment is high because there is a low …