process and labor markets are characterized by search and matching frictions. Entrants post vacancies and are matched to idle …

This chapter assesses how models with search frictions have shaped our understanding of aggregatelabor market outcomes … market outcomes for a large set of OECD countries. We thenask how models with search improve our understanding of these data …. Our results are mixed. Searchmodels are useful for interpreting the behavior of some additional data series, but search …

This paper is concerned with the business cycle dynamics in search-and-matching models of the labor market when agents …

model with search frictions. In a calibrated version I find that the presence of private information has large effects on …

equilibrium search and matching model with risk-averse workers and two states, namely, a good and a bad state.The model yields …

We investigate the use of various job search strategies and their impact on the probability of subsequent employment … are the two most common methods of job search and that job search intensity, and direct applications to employers in … of job search strategy use. …

The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … as random shocks to individual utility functions, interacts with individual search and labor supply decisions and … unemployed worker may prefer nonparticipation if the disutility of search is amplified by sickness. The decisions governing labor …

monitoring and sanctions restores search incentives most effectively, since it brings additional incentives to search actively so …

decrease as the level of earnings rises. The framework is a search equilibrium model where wages are determined by Nash … bargaining between firms and workers, job search intensity is endogenous and workers are heterogeneous. The analysis suggests …