The search model contains two matching technologies, the public employment service (PES) with its type …Das Suchmodel umfasst zwei Matching-Technologien, die des PES mit typspezifischen Registern für Arbeitslose und …

This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …

This paper develops a Walrasian equilibrium theory of establishment level dynamics and matching frictions and uses it … to evaluate the effects of congestion externalities in the matching process and determine the government interventions … an important role in dampening the response of the economy to aggregate productivity shocks. -- Firm dynamics ; matching …

We show that equilibrium matching models imply that standard estimates of the matching function elasticities are … basic version of the matching function using aggregate U.S. data from the Job Openings and Labor Turnover Survey (JOLTS …) suggests that the bias is quantitatively important. -- matching function estimation ; unemployment ; vacancies ; job finding …

-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. …

rate is endogenous, the job matching process consists of three rounds. In the first and the second respectively the short … Trennungsrate des Modells ist endogen, der Matching Prozeß umfasst drei Phasen. In der ersten und zweiten suchen jeweils die …

This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …