-2008 financial crisis. We study the evolution of both employment and wages in a large sample of Italian workers followed for nine … also high-type (and therefore more expensive) workers, even though wages do react to the slack. All in all, our results …

applications, focusing on posted wages and advertised non-wage amenities. We find robust evidence of directed search based on …We leverage rich data from a prominent online job board in Uruguay to assess directed search patterns in job … posted wages in the cross-section, with stark heterogeneity by occupation: the wage-application correlation is driven by …

wage losses of workers displaced due to firm closure based on the comparison of workers' wages differentials before and …

I provide new microeconometric estimates of the effect of labor market tightness on wages at the firm level. Using … employees, I construct firm-specific measures of labor market tightness. Using this measure, I find an elasticity of wages with … with the qualitative implications of the canonical search-andmatching model of the labor market. …

I propose a new mechanism for sluggish wages based on workers' noisy information about the state of the economy. Wages … higher wages. This increases firms' incentives to post more vacancies, which makes unemployment volatile and sensitive to … aggregate shocks. The model is robust to two major criticisms of existing theories of sluggish wages and volatile unemployment …

We estimate the elasticity of vacancy duration with respect to posted wages, using data from the near-universe of … online job adverts in the United Kingdom. Our research design identifies duration elasticities by leveraging firm-level wage …-defined, firm-level changes. In our preferred specifications, we estimate duration elasticities in the range −3 to −5, which are …

Job vacancy duration reflects the time a firm spends searching, selecting, and hiring for a job opening. Capturing … vacancy duration using the creation and deletion dates of job postings by U.S. public firms, we examine the informativeness of … vacancy duration for future firm profitability. We find that, while firms who fill low-skill job vacancies quickly exhibit …

I propose a new search-and-matching model in which wage rigidity and volatile unemployment endogenously arise. The …-the-job search and replacement hiring into a long-lived jobs framework. The presence of replacement hiring (i) enhances unemployment … volatility by reducing crowding out of unemployed workers due to employed searchers and (ii) makes equilibrium wages less …