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

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 …

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 …

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

maturity: (i) increases when approaching negotiations and in response to greater bargaining power held by workers; and (ii) is …, where firms use longer debt maturity to improve their resilience to strikes and bargaining positions. Our results indicate …

analysis of a micro data set. The theoretical chapters are based on versions of search and matching as well as union labour …