This paper presents a survey of the most recent literature about Equilibrium Search Models with wage posting. Starting with the basic Burdett and Mortensen (1998) model. I describe the main consequences of departing from its two main assumptions: random matching and a linear production function....

This paper develops an equilibrium search model to explain gender asymmetry in occupational distribution. Workers' utility depends on salary and working hours, and women have a greater aversion to longer working hours than men. Simulations indicate that women crowd into shorter-hour,...

In this paper we explore the impact of imperfectly competitive input markets on production function estimation. First order profit maximizing conditions are altered when frictions in input markets cause the elasticity of input supply to the firm to be finite. A consequence of this is that the...

In this paper we explore the impact of imperfectly competitive input markets on production function estimation. First order prot maximizing conditions are altered when frictions in input markets cause the elasticity of input supply to the firm to be nite. A consequence of this is that the...

In this paper we explore the impact of imperfectly competitive input markets on production function estimation. First order pro…t maximizing conditions are altered when frictions in input markets cause the elasticity of input supply to the …rm to be …nite. A consequence of this is that the...

In this paper we explore the impact of imperfectly competitive input markets on production function estimation. First order profit maximizing conditions are altered when frictions in input markets cause the elasticity of input supply to the firm to be finite. A consequence of this is that the...

Much of the job search literature assumes bilateral meetings between workers and firms. This ignores the frictions that arise when meetings are actually multilateral. I analyze the magnitude of these frictions by presenting an equilibrium job search model with an endogenous number of contacts....

We present a structural framework for the evaluation of public policies intended to increase job search intensity. Most of the literature defines search intensity as a scalar that influences the arrival rate of job offers; here we treat it as the number of job applications that workers send out....

This paper examines a dynamic stochastic general equilibrium (DSGE) model containing exible prices, search frictions and nominal wage contracts. It is assumed that the nominal hourly wage rate and the hours of work are jointly determined, so-called efficient bargaining, for each period. The...

This paper analyzes the role of the period length in a search model of the labor market and argues that it has profound implications for the market equilibrium. In the model, job offers and job destruction shocks arrive according to a Poisson process in continuous time, but institutional factors...