We analyse a model of equilibrium directed search in a large labour market. Each worker, observing the wages posted at …

In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the …. Our model offers a new way to look at the housing market from a search-theoretic perspective. In addition, we contribute … to the directed search literature by considering a model in which the asking price (i) entails only limited commitment …

We study a search model where workers can send multiple applications to high and low productivity firms. Firms that …, the equilibrium outcomes are the same under directed and random search. Allowing for free entry creates a second source of … inefficiency. -- directed search ; efficiency ; coordination frictions …

all their candidates) only wage mechanisms that allow for ex post Bertrand competition generate the maximum matching on a … realized network. -- efficiency ; network clearing ; random bipartite network formation ; simultaneous search …

mechanisms that allow for ex post Bertrand competition generate the maximum matching on a realized network. -- efficiency … ; network clearing ; random bipartite network formation ; simultaneous search …

coordination frictions. Specifically, we consider a search model where workers can apply to high and or low productivity firms … matching rate in the high-productivity sector can then be realized with fewer applications (and consequently fewer coordination … to both sectors. For many configurations, the equilibrium outcomes are the same under directed and random search so our …

We investigate the effect of search frictions on labor market sorting by constructing a model which is in line with …

We investigate the effect of search frictions on labor market sorting by constructing a model which is in line with …