wage loss. Collectively, the sorting and matching channels explain almost all of the Hartz reforms' effect on post …

and search-matching models. For that, we study a policy that consists in decreasing the urban unemployment benefit. In an … efficiency wage model, we find that there is no Todaro paradox while this is not always true in a search-matching model since a … decrease in the urban unemployment benefit can increase both urban employment and unemployment. -- efficiency wages ; search-matching …

which identical firms post wages and homogeneous workers search for acceptable offers. We allow for matching frictions and …

matching function. One can easily choose a calibration to make the cyclical fluctuation in unemployment as large in the model … model as it is in the data. We show with a simple analytical calculation that in the standard job matching model, one cannot …

search and matching frictions and incorporate a US unemployment insurance experience rating system. Layoff taxes based on … helps realign the search and matching model with the empirical properties of its most salient variables. The model …

We develop an empirical search-matching model which is suitable for analyzing the wage, employment and welfare impact … wage determination and employment which extends the current literature on equilibrium wage determination with matching and … of assortative matching between workers and jobs due to complementarities between worker and job characteristics. We use …

This paper studies the optimal redistribution of income inequality caused by the presence of search and matching …