Recently, a number of authors have argued that the standard search model cannot generate the observed business …

We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs … rate of 4-6%. We find that without search frictions, output would be between 7.5% and 18.5% higher, depending on whether or …

that firms post wage-tenure contracts as an optimal response to their employees' search behaviour and human capital …' on-the-job search and firms' tenure contracts, although temporary and smaller in size, are long-lasting. It takes workers …In this paper we develop and quantitatively assess a tractable equilibrium search model of the labour market to analyse …

We analyze the impact of information frictions on workers' wages, contributing to the literature that tested search …

We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs …

We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs … rate of 4-6%. We find that without search frictions, output would be between 7.5% and 18.5% higher, depending on whether or …

We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs …

minimum wages when firms are financially constrained. We introduce financial frictions into a search and matching labor market …

The paper extends the basic Stiglitz (1982) model of optimal income taxation into general search equilibrium. When we …