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

propose a search model with transferable utility in which ex-ante heterogeneous men and women simultaneously search for …

Great Recession. Specifically, following Farmer (2013), I set forth a search framework in which households decide about …

This chapter assesses how models with search frictions have shaped our understanding of aggregate labor market outcomes … market outcomes for a large set of OECD countries. We then ask how models with search improve our understanding of these data …. Our results are mixed. Search models are useful for interpreting the behavior of some additional data series, but search …

I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor …