We investigate an equilibrium search model in which the search frictions are increasing with the distance to the … central business district allowing for on-the-job search and endogenous (monopsony) wage formation and land allocation. We …

We investigate an equilibrium search model in which the search frictions are increasing with the distance to the … central business district allowing for on-the-job search and endogenous (monopsony) wage formation and land allocation. We …

We investigate an equilibrium search model in which the search frictions are increasing with the distance to the … central business district allowing for on-the-job search and endogenous (monopsony) wage formation and land allocation. We …

Labour market analysis places much emphasis on the concept of search. But there is insufficient empirical information … on (a) the relationship between reported search and job-finding and (b) how search behaviour changes over a spell without … classification of "unemployment" and "out of the labour force". Transitions during joblessness in and out of search and the various …

the United States we find strong evidencefor a systematic concave relationship. An assignment model with search frictions …

shocks initiated by Shimer (2005): in an economy with search on credit and labor markets, a financial multiplier raises the …

their search strategies in strong versus weak markets. The 1987 academic market was strong while the 1997 market was much … weaker. A multimarket theory of optimal search suggests that job seekers will respond to a weakening market by lowering their … reservation utility. This in turn affects their search strategies at the extensive margin (which markets to enter) and the …

insiders in this paper are characterized by being more efficient when they search for a job than the outsiders, implying that …