Does the search and matching model fit aggregate U.S. labor market data? While the model has become an important tool … most of the key variables, as well as the negative co-variation of unemployment and vacancies. It offers a workable …

market dynamics. -- search ; matching ; U.S. labor market ; vacancies ; labor market flows ; business cycles …Does the search and matching model fit aggregate U.S. labor market data? While the model has become an important tool … high volatility of most of the key variables, the negative co-variation of unemployment and vacancies, and the behavior of …

This paper extends the standard matching model by introducing a gap in separation costs between entrant and incumbent …

Does the search and matching model fit aggregate U.S. labor market data? While the model has become an important tool … high volatility of most of the key variables, the negative co-variation of unemployment and vacancies, and the behavior of …

-finding rates. A search-matching model with endogenous separations and worker heterogeneity in terms of ability has difficulty in …

Recently, a number of authors have argued that the standard search model cannot generate the observed business …-cycle-frequency fluctuations in unemployment and job vacancies, given shocks of a plausible magnitude. We use data on the cost of vacancy creation …

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

The labor search and matching model plays a growing role in macroeconomic analysis. This paper provides a critical …, selective survey of the literature. Four fundamental questions are explored: how are unemployment, job vacancies, and employment …