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 …

We test for the signalling hypothesis versus human capital theory using the Wiles test (1974) in a country which has …

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 …

This paper extends the job market signaling model of Spence (1973) by allowing firms to learn the ability of their … select a unique separating equilibrium. When the Intuitive Criterion bites and information is purely asymmetric, the …

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 …

, potential bias from unobserved heterogeneity and selectivity and consider the core issue of studentsﾒ information on benefits …