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 …

. 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 …

We use an estimated monetary business cycle model with search and matching frictions in the labor market and nominal … factors and reduced efficiency in labor market matching were largely responsible for the experience in the U.S. Financial … factors were also important in the U.K., but less so in Sweden and Germany. Reduced matching efficiency was considerably less …

A labor market with search and matching frictions, where wage setting is controlled by a monopoly union that follows a …

This paper studies the optimal redistribution of income inequality in a model with search and matching frictions in the …

We incorporate reference-dependent worker behavior into a search-matching model of the labor market, in which firms …

unemployment and vacancy rates and the related matching function as proxies for the functioning of the labor market and explores …

We develop an empirical search-matching model which is suitable for analyzing the wage, employment and welfare impact … wage determination and employment which extends the current literature on equilibrium wage determination with matching and … of assortative matching between workers and jobs due to complementarities between worker and job characteristics. We use …