This paper introduces an innovative test of search and matching models using the exogenous variation available in … experimental data. We take an off-the-shelf Pissarides matching model and calibrate it to data on the control group from a … randomized social experiment. We then simulate a program group from a randomized experiment within the model. As a measure of the …

This paper introduces an innovative test of search and matching models using the exogenous variation available in … experiment. We then simulate a program group from a randomized experiment within the model. As a measure of the performance of … the model, we compare the outcomes of the program groups from the model and from the randomized experiment. We illustrate …

a DSGE model with endogenous market structures in the goods market and search and matching frictions in the labor market …

In this paper we investigate the labor market dynamics in a matching model where fluctuations are driven by movements … that the canonical matching model under a very standard calibration is able to generate an important volatility of …

We study active labor market policies (ALMP) in a matching model. ALMPs are modelled as a subsidy to job search …

the empirical literature estimating the matching function, commonly used to map unemployment and vacancies into hires …. First, we show how to non-parametrically identify the matching function. Second, we estimate the matching function allowing … for unobserved matching efficacy, without imposing the usual independence assumption between matching efficiency and …

We show that in a search/matching model with endogenous participation in which workers are heterogeneous with respect …

The matching efficiency of the standard matching function is known to follow a pro-cyclical pattern. An observed … rightward shift in the UK's Beveridge Curve after the Great Recession, suggests a decrease in the matching efficiency between … characteristics of unemployed, using the standard aggregate matching function. Consistent with the findings for the US (Barnichon and …

We study active labor market policies (ALMP) in a matching model. ALMPs are modelled as a subsidy to job search …