In labour market part of the coordination process involves the matching between job skills and vacancies requiring specific skills. On the side of unemployed workers, the process requires a searching activity based on the gathering of information on available vacancies, the related wages and...

It is well known that the lack of information often leads to the difficulty of decentralised decision units solving coordination problems through market functioning. In labour market the lack of information is often characterised by asymmetric information on heterogeneous labour skills and the...

This paper analyses the relationship between unemployment among young Italians and their parents’ economic and cultural background. A search theory model was used to identify the direct and indirect effects of household financial situation and parental cultural and educational status on their...