make investments before matching in a competitive market. We introduce the notion of premune-ation values—the values to the …

prevalence of social networks in job search there is as yet no consensus on the mechanisms for why referrals are so important: an …

We prove existence of steady-state equilibrium in a class of matching models with search frictions. …

We study the effect of diminishing search frictions in markets with adverse selection by presenting a model in which …

How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi …

How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi …

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 …

A large part of the literature on frictional matching in the labor market assumes bilateral meetings between workers … equilibrium search model of the labor market with an endogenous number of contacts between workers and firms. Workers contact … estimated parameter values welfare is improved if unemployed workers increase their search intensity. -- labor ; search …