learning indicates a low value of job market signaling. The claim is first discussed intuitively in light of Spence's original … value of job market signaling …

The matching efficiency of the standard matching function is known to follow a pro-cyclical pattern. An observed … rightward shift in the UK's Beveridge Curve after the Great Recession, suggests a decrease in the matching efficiency between … characteristics of unemployed, using the standard aggregate matching function. Consistent with the findings for the US (Barnichon and …

and search-matching models. For that, we study a policy that consists in decreasing the urban unemployment benefit. In an … efficiency wage model, we find that there is no Todaro paradox while this is not always true in a search-matching model since a …

We propose a spatial search-matching model where both job creation and job destruction are endogenous. Workers are ex …

by migration or information frictions. I analyze three sector-specific shocks with differential local effects, including … student-level data, I find this is not explained by information frictions, but more likely by migration frictions. The results …