This paper explores the determinants of equilibrium unemployment within the search and matching framework. Using …' vacant jobs. The estimated parameters are used to quantify the search and matching model in terms of search costs (magnitude …, cyclical properties and volatility) and matching probabilities of firms and workers. Structural estimation enables us to solve …

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 …

The search model contains two matching technologies, the public employment service (PES) with its type …Das Suchmodel umfasst zwei Matching-Technologien, die des PES mit typspezifischen Registern für Arbeitslose und …