We build a RBC endogenous separation matching model and introduce efficiency wages along the lines of Akerlof (1982 …). While the standard endogenous separation matching model reveals shortcomings in explaining correlations and volatilities … consistently enhance the performance of the (endogenous separation) matching model. -- Efficiency Wages ; Endogenous Separations …

and commodities. By reinterpreting the variables, our model encompasses a broad range of adverse selection and signalling …

and commodities. By reinterpreting the variables, our model encompasses a broad range of adverse selection and signalling …

and commodities. By reinterpreting the variables, our model encompasses a broad range of adverse selection and signalling …