theory, which has so far focused on labor market frictions in general and not specifically on information asymmetries. Using … unemployment rate and the actual unemployment rate in the country, which is a meaningful indicator of their misperception of labor … model includes: controls for the worker's ability; country-specific fixed effects; the unemployment rate in the region of …

. In particular, I show that once markups are allowed to respond to trade liberalization, unemployment and residual wage …

wage loss. Collectively, the sorting and matching channels explain almost all of the Hartz reforms' effect on post …

impact on aggregate labor market performance and unemployment. In a two-sector labor market model with free mobility of labor …

to that of the French economy. We then develop a multi-sectorial search and matching model with endogenous occupational …

der Arbeitslosigkeit zur Folge hat. -- search friction ; labor market transitions ; wages …

, that frictions (sand-in-the-wheels) may decrease unemployment and that the equilibrium is determined by two simple …

, directly from employer to employer as well as indirectly via an unemployment spell. In addition they are more likely to change …

internalize how their individual actions affect the labor market outcomes of competitors in a common unemployment pool. We provide …

partners in the marriage market and switch between employment and unemployment in the labor market. In the marriage market … labor market divorces triggered by unemployment has decreased significantly. …