This paper examines wage dispersion and wage dynamics in a stock-flow matching economy with on-the-job search. Under … stock-flow matching, job seekers immediately become fully informed about the stock of viable vacancies. If only one option … ; stock-flow matching …

the performance of the matching model to generate stylized facts in response to an aggregate productivity shock. However …We implement capital in an endogenous separations New Keynesian matching model. In contrast to the vintage capital … productivity shocks, using capital-labor trade-off. The model generates higher volatilities of key variables and therefore enhances …