This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when … communicate and coordinate at lower resource cost. The theory delivers full task specialization in the labor and education markets …, but incomplete specialization in marriage. It also captures well-known matching patterns in each of these sectors …

This paper provides a simple matching model in which unemployed workers and employers in large firms can be matched …

production determined by a matching process between workers and jobs. Macroeconomic equilibrium (national savings equal to …

labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching … labor force and rises the share of attached workers. Finally, our theory suggests that contrary to two-state models …

This paper examines the age-related design of firing taxes by extending the theory of job creation and job destruction … matching process, we find that the first best age-dynamic of firing taxes and hiring subsidies is typically hump-shaped. Taking …

matching or information revealed by others' behaviours, or to endogenous effects generated by bargaining within marriage. A … in individual effects. As such the correlation in the raw smoking data is consistent with positive assortative matching …

This paper analyses the efficiency of the equilibrium allocation in a matching model with two types of workers and jobs …

This paper uses the search and matching framework to explore the impact of employed job search on the labour market …