employment, wages and labor market sorting, we structurally estimate an equilibrium job ladder model featuring two … channel, facilitate hiring workers of higher ability, and matter most for worker-firm sorting. Although the public employment …

We investigate the effect of search frictions on labor market sorting by constructing a model which is in line with … derive the necessary and sufficient conditions for sorting in applications as well as matches. We show that positive sorting … is obtained when production complementarities outweigh a force against sorting measured by a quality-quantity elasticity …

According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when …

It has been noted that the search and matching model cannot account for the observed unemployment fluctuations. Gertler … heterogeneity. We find that the new model with even only a small fraction of sticky wage contracts comes closer to matching the data. …

We examine the matching process using monthly panel data for local labour markets in Sweden. We find that an increase …

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 …