Experiments with human subjects have been widely used to test hypotheses derived from economic theory and to provide stylized facts about empirical regularities in economics. One of the clear implications of experimental economics is that the efficiency and distributional properties of market...

This chapter is concerned with laboratory tests of job search models. Formal models of job search specify certain common elements, i.e., the length of the search horizon, the searcher's discounting rate of interest, the net costs (subsidies) to search in each period of the search horizon, and...