provides a theory of job-to-job transitions that are associated with voluntary or involuntary mobility and with wage rises or …

This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are …

This paper studies the role of labor market institutions on unemployment and on the cyclical properties of job flows …. We construct an intertemporal general equilibrium model with search unemployment and endogenous job turnover, and examine … the consequences of introducing an unemployment benefit, a firing cost and a downward wage rigidity. The model is able to …

The issue of whether unemployment benefits should increase or decrease over the unemployment spell is analyzed in a … productivity of unemployed is constant over the unemployment spell, benefits should typically increase or be constant. The only …

allocation, in some circumstances and under-utilized in others. Moreover, the existence of different job search methods can give … of different job search methods, conditional unemployment benefits hikes can improve welfare when individuals are risk …

This paper develops a model of equilibrium unemployment with (unobservable) endogenous on-the-job search and (partly …