This paper discusses a general equilibrium model of the assignment of heterogeneous workers to heterogeneous jobs. Both jobs and workers are measured along a continuous one-dimensional scale. The composition of labor supply is represented by a distribution function. Highly skilled workers have...

Where rigid wages prevent labor-market clearing, employers become more choosy and job-seekers accept lower-ranked jobs in cyclical downturns. Thus, the duration of job-search of highly-qualified job-seekers should be less cyclically sensitive than for low-skilled job-seekers and, controlling for...

This paper investigates the effect of sanctions of unemployment insurance benefits on the exit rate from unemployment for a sample of Danish unemployed. According to the findings are that even moderate sanctions have rather large effects. For both males and females the exit rate increases by...