decrease as the level of earnings rises. The framework is a search equilibrium model where wages are determined by Nash … bargaining between firms and workers, job search intensity is endogenous and workers are heterogeneous. The analysis suggests …

We extend simple search-theoretic models of crime, unemployment and inequality to incorporate on-the-job search. This … of crime, on-the-job search models are more relevant empirically as well as more interesting in terms of the types of …

search for a "good" job. In this paper we explore this idea by building a theoretical model of job search by risk averse … occur as agents cycle between accumulating assets in short term employment and unemployed search for more desirable …

This papers revisits the normative properties of search-matching economies when workers have concave utility functions … unemployed people freely choose their search effort. Compared to the first case, the optimum is characterized by imperfect … unemployment insurance and lower levels of search intensity and output in the second setting. To decenralize these optima …

This paper surveys recent work in equilibrium models of labor markets characterized by search and recruitment frictions …

This paper develops a dynamic model of consumer search that, despite placing very little structure on the dynamic … problem faced by consumers, allows us to exploit intertemporal variation in within-period price and search cost distributions … to estimate the population distribution from which consumers' search costs are initially drawn. We show that static …

of efficiency gains, namely lower search costs, better matching, and more intense product market price-competition.  A … monopolistic search engine charges advertisers too high a price, and has incentives to provide a suboptimal matching quality …Search engines enable advertisers to target consumers based on the query they have entered.  In a framework with …