-education, and low intensity of on-the-job training. It also presents a simple matching model with two types of workers ("educated …

-education, and low intensity of on-the-job training. It also presents a simple matching model with two types of workers ('educated …

underlying theory is the search and matching model, with workers and firms engaging in costly search leading to random matching … from it, generated by matching. …

matching are an important perspective on the losses of displaced workers, but we cannot rule out important roles for other …

The labor search and matching model plays a growing role in macroeconomic analysis. This paper provides a critical …

This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … to job queues. Using U.K. data and correcting for temporal aggregation bias, estimates of the random matching function … are consistent with previous work in this field, but random matching is formally rejected by the data. The data instead …

This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …