I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor … market sorting, and aggregate shocks. In response to a positive productivity shock, incentives to sort increase ….S. labor market data and produces realistic degrees of wage dispersion and labor market sorting. …

This paper characterizes the equilibrium for a large class of search models with two-sided heterogeneity and on …

and on-the-job (OJS). Ex post heterogeneity in productivity across jobs generates a job ladder. Firms Bertrand-compete for … which OJS amplifies and propagates aggregate shocks: (i) a higher estimated elasticity of the matching function, when …

How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi …

How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi …

-Mortensen-Pissarides (DMP) search and matching model. Ex-ante heterogeneity and sorting have important implications for the dynamic properties …This paper adds two-sided ex-ante heterogeneity and a production technology inducing sorting to the canonical Diamond … market. Additionally, endogenous matching sets fluctuate in response to shocks and amplify job-creation. Using a standard …

dynamic stochastic search-matching model with heterogeneous workers, where aggregate shocks to productivity fuel up the cycle …