evolution of unemployment together with that of inflows into unemployment and vacancies. The comparison of the transition …

This paper develops an equilibrium search and matching model to jointly study the aggregate, sectoral, and …, because the transition dynamics between steady-states are tractable, the model can be readily applied to the data to study …

unemployed in the outflow from unemployment, (3) a matching process with strongly increasing returns to scale throughout (rather … than only in parts of) the transition period, and (4) ability to keep the long term unemployed at relatively low levels ….Using the framework of matching functions we find that in many years the usual Cobb-Douglas specification and the hypothesis of …

unemployed in the outflow from unemployment, (3) a matching process with strongly increasing returns to scale throughout (rather … than only in parts of) the transition period, and (4) ability to keep the long term unemployed at relatively low levels …. Using the framework of matching functions we find that in many years the usual Cobb-Douglas specification and the hypothesis …

We show that in a search/matching model with endogenous participation in which workers are heterogeneous with respect …

; matching ; unemployment ; goods market imperfections …

This paper introduces an innovative test of search and matching models using the exogenous variation available in …

In this paper we investigate the labor market dynamics in a matching model where fluctuations are driven by movements … that the canonical matching model under a very standard calibration is able to generate an important volatility of …