shocks initiated by Shimer (2005): in an economy with search on credit and labor markets, a financial multiplier raises the …

their search strategies in strong versus weak markets. The 1987 academic market was strong while the 1997 market was much … weaker. A multimarket theory of optimal search suggests that job seekers will respond to a weakening market by lowering their … reservation utility. This in turn affects their search strategies at the extensive margin (which markets to enter) and the …

insiders in this paper are characterized by being more efficient when they search for a job than the outsiders, implying that …

the United States we find strong evidencefor a systematic concave relationship. An assignment model with search frictions …

focuses on the search for partners and the formation and break-up of teams. Under no restrictions, there is too much searching …

This paper analyses the interaction between internal agency problems within firms and external search frictions when … of the wage contracts is positively related to high productivity, low unemployment benefits and high search frictions. …

shocks initiated by Shimer (2005): in an economy with search on credit and labor markets, a financial multiplier raises the …

be attributed to unobserved components in those characteristics. An assignment model with search frictions provides a …. The impact of search frictions on wages is large. Our results relate to the literature on industry wage differentials, on … structural identification in hedonic models, and on wage posting versus Nash bargaining in search models. …

their search strategies in strong versus weak markets. The 1987 academic market was strong while the 1997 market was much … weaker. A multimarket theory of optimal search suggests that job seekers will respond to a weakening market by lowering their … reservation utility. This in turn affects their search strategies at the extensive margin (which markets to enter) and the …