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In this paper we analyse educational choices and earnings of individuals at two different levels in the Portuguese educational system. At each potential exit level we consider two decisions: the decision to continue studying and the employment decision, whereas normally only the first decision...
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Recruiting agents, or "programs" costly screen “applicants” in matching processes, and congestion in a market increases … programs; however, they may harm match quality. In a multiple-elicitation experiment conducted in a real-life matching market …
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The matching of likes is a frequently observed phenomenon. However, for such assortative matching to arise in a search … can generate even perfect assortative matching under weak conditions: supermodularity of the match production function is … ensuring that agents choose truthful signals. The information thereby transmitted allows agents to avoid all unnecessary costs …
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