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Equilibrium Directed Search with Multiple Applications
Albrecht, James; Gautier, Pieter; Vroman, Susan - 2003
We analyse a model of equilibrium directed search in a large labour market. Each worker, observing the wages posted at all vacancies, makes a fixed, finite number of applications, a. We allow for the possibility of ex post competition should more than one vacancy want to hire the same worker....
Persistent link: https://www.econbiz.de/10010324801
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Do Workers Really Benefit From Their Social Networks?
Fontaine, François - 2004
This paper provides a simple matching model in which unemployed workers and employers in large firms can be matched …
Persistent link: https://www.econbiz.de/10010262031
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A Test between Unemployment Theories Using Matching Data
Coles, Melvyn G.; Petrongolo, Barbara - 2003
This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … to job queues. Using U.K. data and correcting for temporal aggregation bias, estimates of the random matching function … are consistent with previous work in this field, but random matching is formally rejected by the data. The data instead …
Persistent link: https://www.econbiz.de/10010271933
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Efficiency in a matching model with heterogeneous agents : too many good or bad jobs?
Blázquez, Maite; Jansen, Marcel - 2003
This paper analyses the efficiency of the equilibrium allocation in a matching model with two types of workers and jobs …
Persistent link: https://www.econbiz.de/10010272689
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Equilibrium Directed Search with Multiple Applications
Albrecht, James; Gautier, Pieter A.; Vroman, Susan - 2003
We analyze a model of directed search in which unemployed job seekers observe all posted wages. We allow for the possibility of multiple applications by workers and ex post competition among vacancies. For any number of applications, there is a unique symmetric equilibrium in which vacancies...
Persistent link: https://www.econbiz.de/10010273996
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Scale Effects in Markets with Search
Petrongolo, Barbara; Pissarides, Christopher A. - 2003
Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may …
Persistent link: https://www.econbiz.de/10010276187
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Unemployment Equilibrium and On-the-Job Search
Burgess, Simon M.; Turon, Hélène - 2003
This paper uses the search and matching framework to explore the impact of employed job search on the labour market …
Persistent link: https://www.econbiz.de/10010276889
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On the Optimality of Search Matching Equilibrium When Workers Are Risk Averse
van der Linden, Bruno; Lehmann, Etienne - 2004
This paper revisits the normative properties of search-matching economies when homogeneous workers have concave utility …
Persistent link: https://www.econbiz.de/10010276945
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Optimal Redistributive Taxation in a Search Equilibrium Model
Hungerbühler, Mathias; Lehmann, Etienne; Parmentier, Alexis - 2005
This paper characterizes optimal non-linear income taxation in an economy with a continuum of unobservable productivity levels and endogenous involuntary unemployment due to frictions in the labor markets. Redistributive taxation distorts labor demand and wages. Compared to their efficient...
Persistent link: https://www.econbiz.de/10010276950
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A simple theory of optimal redistributive taxation with equilibrium unemployment
Hungerbühler, Mathias; Lehmann, Etienne; Parmentier, Alexis - 2010
We propose a canonical model of optimal nonlinear redistributive taxation with matching unemployment. In our model …
Persistent link: https://www.econbiz.de/10010277029