Poland, Hungary. and Czechoslovakia and develop a model of changing support for reforms during the transition to a market … massive vacancies. The dispersion of wages increased substantially in Hungary and Poland though not in Czechoslovakia. My …

In this paper, we propose a matching model to study the efficiency of thin and thick markets. Our model shows that the … that a person can find a job is higher in a thick market than in a thin market. We apply our matching model to the U … openings and more candidates has a higher probability of matching …

. Consider the following matching mechanism: take a random draw from the `W=w_j` subgroup of the first population and match her … function (AMF), denote the expected output associated with this match. We show that (i) the AMF is identified when matching is … conditionally exogenous, (ii) conditionally exogenous matching is compatible with a pairwise stable aggregate matching equilibrium …

approach is based on a game-theoretic two-sided matching model and the estimation strategy employs the method of simulated …

doctors and psychologists, because couples view pairs of jobs as complements. A stable matching may not exist when couples are … present. We find conditions under which a stable matching exists with high probability in large markets. We present a … mechanism that finds a stable matching with high probability, and which makes truth-telling by all participants an approximate …

We set-up a real business cycle model with search and matching frictions driven by several shocks, which nests full … probabilities observed in US, with mixed success in Europe. In contrast, matching shocks and job destruction shocks play a larger …