The matching efficiency of the standard matching function is known to follow a pro-cyclical pattern. An observed … rightward shift in the UK's Beveridge Curve after the Great Recession, suggests a decrease in the matching efficiency between … characteristics of unemployed, using the standard aggregate matching function. Consistent with the findings for the US (Barnichon and …

. -- Wage Rigidity ; Search and Matching Model ; Business Cycle …

results show that the loss in the efficiency of matching in the labor market combined with an increase in the demand in the …

We extend the standard textbook search and matching model by introducing deep habits in consumption. The cyclical … cycles ; labour market fluctuations ; search and matching ; wage bargaining …

prospective employers. We investigate this signalling effect in the context of a job-vacancy referral system. To this end, we …