key variables - unemployment and vacancies - relative to the variation in the shock variables. Shimer identifes the … unemployment and vacancies whilst retaining the standard wage determination process. We set out a model with two important changes … unemployment and vacancy series to match the data; we confirm for the UK that the Mortensen-Pissarides model cannot, as shown by …

A labor matching model with nominal rigidities can match short-run movements in labor's share with some success …

unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into … growth on unemployment compared to the standard matching model with disembodied technological progress. … faster growth to reduce unemployment by decreasing the separation rate and inducing job creation. We demonstrate that …

document how worker flows between employment, unemployment, and out of the labor force vary by gender and age and contribute to …

We study unemployment insurance in a framework where the main source of heterogeneity among agents is the type of … with special emphasis on matching differences in labor market transitions across gender and marital status as well as … aggregate wealth moments. Our central finding is that changes to the current unemployment insurance program are valued …

In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …

. This model yields a simple relationshipbetween (i) the unemployment rate, (ii) the value of non-market time, and (iii … andallow for measurement error. The estimated wage dispersion and mismatch for theUS is consistent with an unemployment rate of …

A labor matching model with nominal rigidities can match short-run movements in labor’s share with some success …