This paper develops a new equilibrium model of two-sided search where ex-ante heterogenous individuals have general payoff functions and vectors of attributes. The analysis applies to a large class of models, from the non-transferable utility case to the collective household case with...

This paper develops a new equilibrium model of two-sided search where ex-ante heterogenous individuals have general payoff functions and vectors of attributes. The analysis applies to a large class of models, from the non-transferable utility case to the collective household case with...

Economists have long hypothesized that large and thick labor markets facilitate the matching between workers and firms. We use administrative data from the LEHD to compare the job search outcomes of workers originally in large and small markets who lost their jobs due to a firm closure. We...

I investigate to what degree differences in retraining opportunities are responsible for the divergence of unemployment rates between the U.S. and Europe since the early 1980s. I provide some evidence for higher retraining rates in the U.S. as compared to Europe and further show that there is...

This paper extends the Pissarides (2000) model of the labor market to include crime and punishment 'a la Becker (1968). All workers, irrespective of their labor force status can commit crimes and the employment contract is determined optimally. The model is used to study, analytically and...

This paper analyses the correlation between employment duration, unemployment duration and general skill accumulation in a search equilibrium. I show how the level of general skills and the duration of employment are positively correlated, and both variables are negatively correlated with the...

This paper develops a labour market model with on-the-job search, match-specific productivity draws and an endogenous irreversible schooling decision. The choice of schoolin is modelled as an optimal stopping problem which gives rise to the equilibrium heterogeneity of workers with respect to...

This paper analyses the correlation between employment duration, unemployment duration and general skill accumulation in a search equilibrium. I show how the level of general skills and the duration of employment are positively correlated, and both variables are negatively correlated with the...

This paper evaluates how new information influences families' applications and assignment outcomes in elementary school choice settings. Specifically, using a multi-country RCT based in Tacna, Peru and Manta, Ecuador, we examine the effect of providing personalized information on schooling...