Recently, a number of authors have argued that the standard search model cannot generate the observed business …

We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs … rate of 4-6%. We find that without search frictions, output would be between 7.5% and 18.5% higher, depending on whether or …

We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs …

We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs … rate of 4-6%. We find that without search frictions, output would be between 7.5% and 18.5% higher, depending on whether or …

A wide class of models with On-the-Job Search (OJS) predicts that workers gradually select into better-paying jobs … predictions. Our inference uses two sources of identification to distinguish between returns to experience and the gains from OJS … urbanisation). OJS accounts for 30% of the experience profile and 9% of total wage dispersion. The average wage loss after lay …

We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs …

A wide class of models with On-the-Job Search (OJS) predicts that workers gradually select into better-paying jobs. We … standard deviation of the wage offer distribution is about 15%. OJS accounts for 30% of the experience profile, 9% of total …

A wide class of models with On-the-Job Search (OJS) predicts that workers gradually select into better-paying jobs. We … standard deviation of the wage offer distribution is about 15%. OJS accounts for 30% of the experience profile, 9% of total …

In this paper we study the role of covenants in franchise contracts that restrict the recruitment and hiring of … major franchisors' contracts, including McDonald's, Burger King, Jiffy Lube and H&R Block. The implications of these no …