How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi …

, in speeding up the matching process between unemployed and vacant jobs. The analysis is conceptually rooted in the flow …-based view underlying the reforms, estimating the structural features of the matching process. The results indicate that the … reforms indeed had an impact in making the labor market more dynamic and accelerating the matching process …

wage loss. Collectively, the sorting and matching channels explain almost all of the Hartz reforms' effect on post …

We show that equilibrium matching models imply that standard estimates of the matching function elasticities are … basic version of the matching function using aggregate U.S. data from the Job Openings and Labor Turnover Survey (JOLTS …

This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …

elasticity of labor supply. Thus, our results uncover the previously undocumented power of words in the job matching process …

negative time trend in estimated matching functions. In addition, the full nonlinear combined model generates highly asymmetric …