facts can be explained by a search and matching model when firms are heterogenous with respect to productivity, are composed … are able to search. Generically this dispersed wage equilibrium is unique and exists if and only if firms are heterogenous …

This paper develops a search and matching model with heterogeneous firms, on-the-job search by workers, Nash bargaining …

This paper develops a search and matching model with heterogeneous firms, on-the-job search by workers, Nash bargaining …

The labor search and matching model plays a growing role in macroeconomic analysis. This paper provides a critical …

with frictional markets. We build an equilibrium search model where married couples make joint decisions on home production … better job offers when their spouses are employed, and in some equilibria a person may search for transitory jobs with the … matter of multiple equilibria, depending on parameter values. All this provides an additional explanation for wage and search …

This paper studies a labor market with directed search, where multi-worker firms follow a firm wage policy: They pay …

dynamic features of job-worker flows, wage dispersion and mobility as well as search on the job. The basic model is also … extended to endogenise firms' optimal investment in job-specific capital and search efforts undertaken by both employed and … identification of the wage offer distribution and may also bias subsequent inferences about underlying search cost parameters …