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I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor …
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According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when …
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This paper extends Pissarides (1990)’s matching model by considering two sectors (routine and manual) and workers …
Persistent link: https://www.econbiz.de/10011389072
unemployment rates. To this end, we develop a matching model à la Pissarides (2000) in which homeowners are assumed to be less …
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This paper studies a labor market with directed search, where multi-worker firms follow a firm wage policy: They pay equally productive workers the same. The policy reduces wages, due to the influence of firms’ existing workers on their wage setting problem, increasing the profitability...
Persistent link: https://www.econbiz.de/10011971300
This paper develops a labour market matching model with heterogeneous firms, on-thejob search and referrals. Social …
Persistent link: https://www.econbiz.de/10010340568