Showing 1 - 10 of 660
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
How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi …
Persistent link: https://www.econbiz.de/10012156373
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
We investigate how job displacement affects whom men marry and study implications for marriage market matching theory … if matched with low-earning women and to re-match with higher earning women. We use a general search and matching model … substitutes rather than complements in the marriage market; (ii) our findings are hard to reconcile with one-dimensional matching …
Persistent link: https://www.econbiz.de/10015075023
all their candidates) only wage mechanisms that allow for ex post Bertrand competition generate the maximum matching on a …
Persistent link: https://www.econbiz.de/10009239488
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
According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when …
Persistent link: https://www.econbiz.de/10012026458
Recent research documents mounting evidence for sizable and persistent biases in individual labor market expectations. This paper incorporates subjective expectations into a general equilibrium labor market model and studies the implications of biased expectations for wage bargaining, vacancy...
Persistent link: https://www.econbiz.de/10014249742
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 …
Persistent link: https://www.econbiz.de/10011509369
-finding rate arise, which contrasts with results in an efficient search and matching economy. The efficient selection model …
Persistent link: https://www.econbiz.de/10011306109