models. We discuss estimation, policy evaluation with the estimated model, equilibrium model versions, and the decomposition …

This paper makes two contributions to the empirical matching literature. First, a recent study by Anderson and Burgess … (2000) testing for endogenous competition among job seekers in a matching frame-work, is replicated with a richer and more … accurate data set for Germany. Their results are confirmed and found to be surprisingly robust. Second, the matching framework …

This paper documents the short run and long run behavior of the search and matching model with staggered Nash wage … labor input, but it predicts a strong counterfactually negative long run relationship between inflation and unemployment … negative long run relationship between trend inflation and unemployment provides indirect evidence against the proposed …

unemployment rates. To this end, we develop a matching model à la Pissarides (2000) in which homeowners are assumed to be less … depends crucially on the importance of mobility costs; (2) while higher homeownership may harm macroeconomic labour market …In this paper we investigate Oswald's hypothesis according to which higher homeownership rates increase aggregate …

causal relationship from homeownership to unemployment. The literature confirms a decreasing effect of homeownership on … geographical mobility of workers, but does not in general confirm that homeowners have longer unemployment spells or higher … particular, it predicts lower geographical mobility of homeowners as well as higher exit rates from unemployment by acceptance of …

Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may …

mobility, we use changes over time in firm- and age-specific labor demand as an instrument for displacement. We find that wage … job mobility may have biased previous U.S. studies finding permanent effects of early displacements. …

-the-job search is a key component in explaining labor market dynamics in models of equilibrium unemployment. The model predicts … fluctuations of unemployment, vacancies, and labor productivity whose relative magnitudes replicate the data. A standard search and … matching model suggests much lower volatitilities of these variables. Intuitively, in a boom, rising search activity on the job …

, this allows the model to generate fluctuations of unemployment, vacancies, and labor productivity whose magnitudes are …