The matching efficiency of the standard matching function is known to follow a pro-cyclical pattern. An observed … rightward shift in the UK's Beveridge Curve after the Great Recession, suggests a decrease in the matching efficiency between … characteristics of unemployed, using the standard aggregate matching function. Consistent with the findings for the US (Barnichon and …

matching approach, we find that job exit rates are initially much higher if the employment spell began with an FTC. However …

This paper makes two contributions to the empirical matching literature. First, a recent study by Anderson and Burgess … (2000) testing for endogenous competition among job seekers in a matching framework, is replicated with a richer and more … accurate data set for Germany. Their results are confirmed and found to be surprisingly robust. Second, the matching framework …

. Moreover, it is shown that the neglect of endogenous but not observable behavior in the empirical literature on labor matching … leads to systematically biased estimates of the matching elasticities, posing a caveat on the results of previous studies … testing for constant returns of the matching function. The theoretical model presented allows to predict the direction of the …

. -- Wage Rigidity ; Search and Matching Model ; Business Cycle …

signaling value of education accompanied by more overeducation particularly among upperclass offspring. We identify five …

/DiNardo, 1991) or a matching model with on-the-job search and cyclical selection (Hagedorn/Manovskii, 2013). The data suggests that …

understanding unemployment fluctuations in matching models. …

labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching …