This paper examines wage dispersion and wage dynamics in a stock-flow matching economy with on-the-job search. Under … stock-flow matching, job seekers immediately become fully informed about the stock of viable vacancies. If only one option …

. Moreover, it is shown that the neglect of endogenous but not observable behavior in the empirical literature on labor matching … leads to systematically biased estimates of the matching elasticities, posing a caveat on the results of previous studies … testing for constant returns of the matching function. The theoretical model presented allows to predict the direction of the …

This paper considers a matching model with heterogenous jobs (unskilled and skilled) and workers (low and high …

We implement capital in an endogenous separations New Keynesian matching model. In contrast to the vintage capital … theory, we suggest a more general approach, such that workers have unrestricted access to a proportional share of the capital … the performance of the matching model to generate stylized facts in response to an aggregate productivity shock. However …

extension of the Diamond-Mortensen-Pissarides (DMP) matching model that allows for employed job search and negotiation over …

I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor …