Recently, a number of authors have argued that the standard search model cannot generate the observed business …-cycle-frequency fluctuations in unemployment and job vacancies, given shocks of a plausible magnitude. We use data on the cost of vacancy creation …

Recently, a number of authors have argued that the standard search model cannot generate the observed business …-cycle-frequency fluctuations in unemployment and job vacancies, given shocks of a plausible magnitude. We use data on the cost of vacancy creation …

, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … separations and on-the-job search quantitatively accounts for all the documented empirical regularities. The model also …

, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … separations and on-the-job search quantitatively accounts for all the documented empirical regularities. The model also …

that mainly focused on estimating the effects of benefit duration on job search and acceptance strategies of the unemployed …

that mainly focused on estimating the effects of benefit duration on job search and acceptance strategies of the unemployed …

, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … separations and on-the-job search quantitatively accounts for all the documented empirical regularities. The model also …

, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … separations and on-the-job search quantitatively accounts for all the documented empirical regularities. The model also …

Recently, a number of authors have argued that the standard search model cannot generate the observed business …-cycle-frequency fluctuations in unemployment and job vacancies, given shocks of a plausible magnitude. We propose a new calibration strategy of the …

Recently, a number of authors have argued that the standard search model cannot generate the observed business …-cycle-frequency fluctuations in unemployment and job vacancies, given shocks of a plausible magnitude. We use data on the cost of vacancy creation …