fluctuations of unemployment, vacancies, and labor productivity whose relative magnitudes replicate the data. A standard search and … matching model suggests much lower volatitilities of these variables. Intuitively, in a boom, rising search activity on the job …

workers to whom they are connected over unconnected or unemployed workers. Employed and connected workers mostly go to high-productivity … firms, whereas unemployed and unconnected workers tend to go to low-productivity firms. Strong connections - family, recent …

to quantify the extent to which factor accumulation induces structural change and productivity growth in industrializing … many countries. We conclude that the productivity gains through labour re-allocation are potentially a significant …

transitions, and this allows for estimation of the degree of search frictions. The firm data are informative on labor productivity … difference between labor productivity and wages in a market depends on the degree of frictions and other determinants. We correct … explanations for) positive assortative matching. …

One goal of the public employment service is to facilitate matching between unemployed job seekers and job vacancies …