. Moreover, it is shown that the neglect of endogenous but not observable behavior in the empirical literature on labor matching … leads to systematically biased estimates of the matching elasticities, posing a caveat on the results of previous studies … testing for constant returns of the matching function. The theoretical model presented allows to predict the direction of the …

This paper examines the effects of transitory skill mismatch in a matching model with heterogeneous jobs and workers …

based on grades received at school. It is examined how this matching is affected if good grades are granted to some low …

This paper analyzes the problem of matching heterogeneous agents in a Bayesian learning model. One agent gives a noisy … cross-matching occurs, so that agents of low knowledge catch up with those of higher one. It is shown that: (i) a greater … informational component in production makes cross-matching more likely; (ii) as the new technology is mastered, production becomes …

. -- Wage Rigidity ; Search and Matching Model ; Business Cycle …