In this paper we theoretically and empirically analyze equilibrium search models of the labor market. The Burdett-Mortensen equilibrium search model is generalized by allowing for continuous distributions of firm productivity types within a given labor market. We characterize equilibrium and...

The authors structurally analyze a job search model for unemployed individuals that allows jobs to have different wage/commuting-time combinations. The structural parameter of interest is the degree of willingness to pay for commuting time. The authors use a unique dataset containing responses...

In this paper, the authors examine a rather popular eyeball check which has been used to establish the presence of state dependence in aggregate unemployment duration data. They correct the literature by showing that this check may well lead to wrong conclusions.