transitions, and this allows for estimation of the degree of search frictions. The firm data are informative on labor productivity … difference between labor productivity and wages in a market depends on the degree of frictions and other determinants. We correct … explanations for) positive assortative matching. …

, firms take into account the expected productivity of future workers in their current jobs. If firms are able to make and …

matching rate in the high-productivity sector can then be realized with fewer applications (and consequently fewer coordination …In this paper we study the allocation of workers over high and low productivity firms in a labor market with … coordination frictions. Specifically, we consider a search model where workers can apply to high and or low productivity firms …

productivity estimates and study the ensuing rank correlation to gauge the degree of assortative matching within and across …We investigate whether national borders within Europe hinder the assortative matching of workers to firms in a high … skilled labor market. We characterize worker productivity as the ability to contribute to physical output and define firm …

simultaneously determined in market equilibrium. We structurally estimate the search cost distribution, the implied matching … probabilities, the productivity of a match, and the flow value of non-labor market time; the estimates are then used to derive the …