Shimer (2005) showed that a standard search and matching model of the labor market fails to generate fluctuations of … unemployment and vacancies of the magnitude observed in US data in response to shocks to average labor productivity of plausible … response of unemployment and vacancies to a shock to average labor productivity. In light of these properties, cast in terms of …

labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously …

equilibrium model with heterogenous labor markets. In this model three different types of unemployment arise: search, rest and …

equilibrium model with heterogenous labor markets. In this model three different types of unemployment arise: search, rest and …

replicate these findings in a search model, it must be that wages are rigid in ongoing jobs but flexible at the start of new …

On-the-Job Search is one of the most common and efficient ways to look for a new job, most of the time workers move … upswings and recessions. Search models that look only at flows between employment, unemployment and outside of the labour force …

ability of the standard search and matching model to generate cyclical fluctuations of unemployment and vacancies in response …This paper studies the role of capital investment in a search and matching model. I develop an endogenous job … separation matching model in which a firm's irreversible capital investment is endogenously determined. The incorporation of …

/DiNardo, 1991) or a matching model with on-the-job search and cyclical selection (Hagedorn/Manovskii, 2013). The data suggests that … (2013) für den deutschen Arbeitsmarkt befürwortet wird. Die Daten zeigen einerseits einen Zusammenhang zwischen der …