Reduced- form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may …

Reduced-form tests of scale effects in markets with search, based on aggregate matching functions, may miss important … higher post-unemployment wages but not faster matches, so aggregate matching functions are unaffected by scale. …

firms' recruitment strategies. In labour markets where employers invest largely in formal recruitment activities, matches … theoretical model is used to show that employers invest more in recruitment for high productivity jobs and for positions that … recruitment costs. …

underlying theory is the search and matching model, with workers and firms engaging in costly search leading to random matching … from it, generated by matching. …

-city matching in particular. I reject the alternative hypothesis that mobility differences are driven by variation in the moving …

This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … to job queues. Using U.K. data and correcting for temporal aggregation bias, estimates of the random matching function … are consistent with previous work in this field, but random matching is formally rejected by the data. The data instead …

The labor search and matching model plays a growing role in macroeconomic analysis. This paper provides a critical …