, potentially complementary, input fixed. We introduce a class of such reallocations -- correlated matching rules -- that includes … the status quo allocation, a random allocation, and both the perfect positive and negative assortative matching …

This paper introduces a notion of fir m size into a search and matching model with endogenous job destruction. The …

specific/general information for matching processes in many respects aralle1 the role of that distinction in human capital …Employment matches under uncertainty are typically accompanied by opportunities for information acquisition. Workers … can acquire specific information about productivity lotteries at the firm or general information affecting their …

and reduces matching efficiency: average unemployment duration rises by 13% for the most productive workers after …

If profit maximizing firms have limited information about the general productivity of new workers, they may choose to … credential value of education will depend on how quickly firms learn. To obtain information on employer learning, we work with a … education. The time path of the coefficient on the unobservable productivity variable provides information about the rate at …

We empirically test an information economics based theory of social preferences in which ego utility and self-signaling … a large price discount for the good. The combined evidence supports the self-signaling theory whereby price discounts … theories of motivation crowding are unable to fit the non-monotonic moments in the data. A structural model of self-signaling …