observed to last just one year. The incidence and duration of these relationships are consistent with a matching model of …

Fixed search costs, i.e. costs that don't vary with search duration, can amplify the cyclical volatility of the labor … market. To assess the size of fixed costs, we analyse the relation of search costs and search duration with data from Germany … variable estimation, it turns out that search costs are mainly fixed costs. Furthermore, we show that a search and matching …