, all of which help to ameliorate labor market frictions. In this paper we investigate the extent to which these search …-sided heterogeneity, multiple search channels and endogenous recruitment effort. The estimation reveals that networks are the most cost …

This paper develops a matching model of the labour market under wage rigidity when hiring decisions are irreversible …

selling their production and this affects their decisions to create jobs. Due to search-frictins on the product market … their Competitive Search Equilibrium values, the unemployment rate is minimized. Yet, the Competitive Search Equilibrium is …

exceed 6 months and their matching rates are highly correlated with the inflow of new vacancies. This job queue …A new methodology is described which tests between various equilibrium theories of unemployment using matching data … identify a matching process using data which is recorded monthly, and also shows how to identify different unemployment …

selling their production and this affects their decisions to create jobs. Due to search-frictions on the product market … their Competitive Search Equilibrium values, the unemployment rate is minimized. Yet, the Competitive Search Equilibrium is …

This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … to job queues. Using U.K. data and correcting for temporal aggregation bias, estimates of the random matching function … are consistent with previous work in this field, but random matching is formally rejected by the data. The data instead …

bargaining in the matching pro-cess from the employer's side. We show that both modes of wage determination coexist in the German …

bargaining in the matching process from the employer's side. We show that both modes of wage determination coexist in the German …

the matching process. We show that both modes of wage determination coexist in the German labor market, with about two …

fluctuations of unemployment, vacancies, and labor productivity whose relative magnitudes replicate the data. A standard search and … matching model suggests much lower volatitilities of these variables. Intuitively, in a boom, rising search activity on the job …We develop a dynamic general equilibrium model where workers can engage in search while on the job. We show that on …