A search & matching structure with endogenous job creation and job destruction is applied to derive key parameters of …

We develop a DSGE model with firm-specific labor where firm-level wage bargaining and price setting are subject to …

We present a generalization of the standard random-search model of unemployment in which firms hire multiple workers … wages are determined by continuous bargaining between the firm and its employees. The model generates a non …

This paper provides a search theoretic model with endogenous job creation, and homogenous workers and firms. The model … frictions (including bidding and search costs) converge to zero simultaneously. When bidding costs are small and ex …

Most of the literature that studies frictional search-and-matching models with heterogeneous agents and random search …' matching behavior as given. Building on the "fundamental matching lemma" for quadratic search technologies in Shimer and Smith … any search technology satisfying minimal regularity conditions. Implications for the existence and structure of steady …

This paper provides a search theoretic model with endogenous job creation, and homogenous workers and firms. The model … frictions (including bidding and search costs) converge to zero simultaneously. When bidding costs are small and ex …

We propose a theoretical explanation for the so-called "beauty premium". Our explanation is based entirely on search … interaction between frictional labour and marriage markets and establish the existence of a search equilibrium characterised by …

prevalence of social networks in job search there is as yet no consensus on the mechanisms for why referrals are so important: an …

We analyse the two-dimensional Nash bargaining solution (NBS) deploying a standard labour market negotiations model … (McDonald and Solow, 1981). We show that the two-dimensional bargaining problem can be decomposed into two one … implications for actual negotiations, as it allows for the decomposition of a multi-dimensional bargaining problem into simpler …