We endogenize the trade mechanism in a search economy with many homogenous sellers and many heterogeneous buyers of …

We endogenize the trade mechanism in a search economy with many homogenous sellers and many heterogeneous buyers of …

by considering randomized monetary trades in a standard search-theoretic model of money where agents can hold multiple …

and search-matching models. For that, we study a policy that consists in decreasing the urban unemployment benefit. In an … efficiency wage model, we find that there is no Todaro paradox while this is not always true in a search-matching model since a …

We propose a spatial search-matching model where both job creation and job destruction are endogenous. Workers are ex …

and search-matching models. For that, we study a policy that consists in decreasing the urban unemployment benefit. In an … efficiency wage model, we find that there is no Todaro paradox while this is not always true in a search-matching model since a … decrease in the urban unemployment benefit can increase both urban employment and unemployment. -- efficiency wages ; search-matching …

We propose a spatial search-matching model where both job creation and job destruction are endogenous. Workers are ex … unemployment benefits lead to more job destruction. -- Job search ; commuting costs ; wage distribution ; urban land use …

We propose a spatial search-matching model where both job creation and job destruction are endogenous. Workers are ex …

and search-matching models. For that, we study a policy that consists in decreasing the urban unemployment benefit. In an … efficiency wage model, we find that there is no Todaro paradox while this is not always true in a search-matching model since a …