matching model. Based on this micro-macro linkage, we provide a new quantitative benchmark for the role of wage rigidity in … search and matching models. Furthermore, we show that acyclical and countercyclical wage establishments are key drivers for …

search and matching frictions. We find that these shocks have a significant amplification effect on labor market fluctuations …

model match formation. We use German administrative labor market data to show that the matching function correlation solely … based on idiosyncratic productivity and free entry is very close to the empirical matching function. Consequently, we argue … that standard matching function estimations are seriously biased if idiosyncratic productivity plays a role for match …

model match formation. We use German administrative labor market data to show that the matching function correlation solely … based on idiosyncratic productivity and free entry is very close to the empirical matching function. Consequently, we argue … that standard matching function estimations are seriously biased if idiosyncratic productivity plays a role for match …

business cycle model with search and matching frictions. We extend the canonical model by including capital … types. We first find that, the model does a good job at matching the cyclical properties of sectoral employment and the wage …

business cycle model with search and matching frictions. We extend the canonical model by including capital … types. We first find that, the model does a good job at matching the cyclical properties of sectoral employment and the wage …

negative time trend in estimated matching functions. In addition, the full nonlinear combined model generates highly asymmetric …

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 …