Showing 1 - 10 of 2,060
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
We study the existence of group strategy-proof stable rules in many-to-many matching markets under responsiveness of …, acyclicity is the minimal condition guaranteeing the existence of stable and strategy-proof mechanisms in many-to-many matching …
Persistent link: https://www.econbiz.de/10012854197
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
We prove existence of steady-state equilibrium in a class of matching models with search frictions. …
Persistent link: https://www.econbiz.de/10010499806
assortative matching. Frictions are commonly understood to hamper sorting. Instead, we show how frictions generate positive … sorting even with a submodular production function. Our results challenge the interpretation of positive assortative matching …
Persistent link: https://www.econbiz.de/10012869756
We propose a parsimonious matching model where people's choice of whom to meet endogenizes the degree of randomness in … matching. The analysis highlights the interaction between a productive motive, driven by the surplus attainable in a match, and …
Persistent link: https://www.econbiz.de/10012854989
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
Federal Employment Agency and its internal placement-software. We use these data to estimate an enhanced matching function …
Persistent link: https://www.econbiz.de/10012419385
This paper studies the effects of the high-speed internet expansion on the match quality of new hires. We combine data on internet availability at the local level with German individual register and vacancy data. Results show that internet availability has no major impact on the stability of new...
Persistent link: https://www.econbiz.de/10012432263