This paper develops a sufficient statistics approach for estimating the role of search frictions in wage dispersion and … search models. Specifically, the correlation between pre- and post-displacement wages is informative of frictional wage … to US data, we find that search frictions account for less than 20 percent of wage dispersion. In addition, we estimate …

We propose a theoretical explanation for the so-called "beauty premium". Our explanation is based entirely on search … interaction between frictional labour and marriage markets and establish the existence of a search equilibrium characterised by …

with frictional markets. We build an equilibrium search model where married couples make joint decisions on home production … better job offers when their spouses are employed, and in some equilibria a person may search for transitory jobs with the … matter of multiple equilibria, depending on parameter values. All this provides an additional explanation for wage and search …

, all of which help to ameliorate labor market frictions. In this paper we investigate the extent to which these search …-sided heterogeneity, multiple search channels and endogenous recruitment effort. The estimation reveals that networks are the most cost …

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

It has been noted that the search and matching model cannot account for the observed unemployment fluctuations. Gertler …