participation. Due to labor market search and matching frictions, the transition may temporarily increase unemployment while new … participants search for jobs. The formal framework is a dynamic search and matching model with an endogenous participation decision …

suggestion put forward by Wasmer and Weil (2004) in a partial equilibrium environment, we introduce search and matching frictions …

efficient matching of workers to firms. This mechanism can be thought of as operated by a recruitment agency, an employment …

private competitive economy, firms and managers form partnerships in an upstream labor (matching) market and then firm …

This paper explores conditions and policies that could affect the matching between labor demand and supply. We identify … findings also show that the matching process is more difficult the higher the share of employees with intermediate levels of … matching include active labor market policies, such as incentives for start-up and job sharing programs. Passive labor market …

develops and estimates a DSGE model with search and matching frictions and shocks to unemployment benefits and matching … benefits may have increased the overall unemployment rate by 1 percentage point. In contrast, matching efficiency changes have …

We present and discuss the simple search and matching model of the labor market against the background of developments …