The search-and-matching model of the labor market fails to match two important business cycle facts: (i) a high … in the speed of technological learning and show that a search-and-matching model featuring such shocks can account for …

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 …

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

This paper provides a mathematical foundation for independent random matching of a large population, as widely used in … the economics literature. We consider both static and dynamic systems with random mutation, partial matching arising from … search, and type changes induced by matching. Under independence assumptions at each randomization step, we show that there …

among partners' skills in match output? We develop a matching model in which risk-averse agents, who differ in skills, match …. We then highlight a new implication of positive sorting on exogenous skills for matching patterns on endogenous …

"information signal" that leads to fast overall adjustment of nontraded goods prices. The hypothesis is tested and not rejected at …