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We investigate the effect of search frictions on labor market sorting by constructing a model which is in line with recent evidence that employers collect a pool of applicants before interviewing a subset of them. In this environment, we derive the necessary and sufficient conditions for sorting...
Persistent link: https://www.econbiz.de/10012581332
We investigate the effect of search frictions on labor market sorting by constructing a model which is in line with recent evidence that employers collect a pool of applicants before interviewing a subset of them. In this environment, we derive the necessary and sufficient conditions for sorting...
Persistent link: https://www.econbiz.de/10012583359
Persistent link: https://www.econbiz.de/10012665712
Two-sided matching platforms can control and optimize over many aspects of the search for partners. To understand how … matching platforms should be designed, we introduce a dynamic two-sided search model with strategic agents who must bear a cost …
Persistent link: https://www.econbiz.de/10011870575
Persistent link: https://www.econbiz.de/10014339274
make investments before matching in a competitive market. We introduce the notion of premune-ation values—the values to the …
Persistent link: https://www.econbiz.de/10011686665
Persistent link: https://www.econbiz.de/10013269376
This chapter surveys recent literature on social networks and labour markets, with a specific focus on developing countries. It reviews existing research, in particular, on the use of social networks for hiring and the consequences of networks for on-the-job outcomes, including emerging...
Persistent link: https://www.econbiz.de/10013471132
The matching of likes is a frequently observed phenomenon. However, for such assortative matching to arise in a search … can generate even perfect assortative matching under weak conditions: supermodularity of the match production function is …
Persistent link: https://www.econbiz.de/10010323818
The matching of likes is a frequently observed phenomenon. However, for such assortative matching to arise in a search … can generate even perfect assortative matching under weak conditions: supermodularity of the match production function is … the model achieves nearly unconstrained efficiency despite frictions. -- Assortative matching ; sorting ; search ; signals …
Persistent link: https://www.econbiz.de/10009553146