According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when …

levels. We estimate the structural parameters of a matching function generalised to incorporate crowding out effects. We use …

I analyze the matching process in the Spanish labor market from 1994-2005. I use monthly registered unemployment data … queuing model, which is the most relevant description of the labor market matching process in Spain, according to the …

wage loss. Collectively, the sorting and matching channels explain almost all of the Hartz reforms' effect on post …

I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor …

processes governing the labor market, such as job search by individuals, and matching and bargaining among firms and potential …

characterization has been made when matching is parameterized by a Cobb--Douglas technology. For a canonical DMP model, I (1 …) characterize responses of unemployment to productivity changes for a general matching technology; and (3) show how a matching …

-Mortensen-Pissarides (DMP) search and matching model. Ex-ante heterogeneity and sorting have important implications for the dynamic properties … market. Additionally, endogenous matching sets fluctuate in response to shocks and amplify job-creation. Using a standard …, the firms' matching sets are wider in equilibrium than the workers' matching sets and fluctuate more in response to shocks. …