This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … variations. Matches and separations are described through firms' job offer and firing decisions and workers' job acceptance and … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the …

This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … variations. Matches and separations are described through firms' job offer and firing decisions and workers' job acceptance and … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the …

This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … variations. Matches and separations are described through firms' job offer and firing decisions and workers' job acceptance and … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the …

This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … variations. Matches and separations are described through firms' job offer and firing decisions and workers' job acceptance and … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the …

This paper examines the labour market matching process by distinguishing its two component stages: the contact stage … construct a theoretical model explaining two-sided selection through microeconomic incentives. Firms face adjustment costs in … firms' job offer and firing decisions and workers' job acceptance and quit decisions. Our calibrated model for the U.S. can …

This paper examines the labour market matching process by distinguishing its two component stages: the contact stage … construct a theoretical model explaining two-sided selection through microeconomic incentives. Firms face adjustment costs in … firms' job offer and firing decisions and workers' job acceptance and quit decisions. Our calibrated model for the U.S. can …

This paper examines the labour market matching process by distinguishing its two component stages: the contact stage … construct a theoretical model explaining two-sided selection through microeconomic incentives. Firms face adjustment costs in … firms' job offer and firing decisions and workers' job acceptance and quit decisions. Our calibrated model for the U.S. can …

I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor … market sorting, and aggregate shocks. In response to a positive productivity shock, incentives to sort increase …. The distribution of unemployment worker types adjusts slowly, which amplifies job creation in the short run. In the long …

As part of a more general process of employment reallocation from less to more productive employers, job-to-job flows …