the empirical literature estimating the matching function, commonly used to map unemployment and vacancies into hires …. First, we show how to non-parametrically identify the matching function. Second, we estimate the matching function allowing … for unobserved matching efficacy, without imposing the usual independence assumption between matching efficiency and …

According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when …

We develop a business cycle model with search and matching frictions in the labor market and show that on …-order serial correlation that is absent from the standard search and matching model …

We introduce a simple representation of endogenous search effort into the standard matching function with job …-seeker heterogeneity. Using the estimated augmented matching function, we study the sources of changes in the average employment transition … rate. In the standard matching function, the contribution of market tightness (matching efficiency) is increasing …

economic fluctuations across horizons. Second, matching efficiency and wage bargaining shocks are significant sources of …

the empirical literature estimating the matching function, commonly used to map unemployment and vacancies into hires …. First, we show how to non-parametrically identify the matching function. Second, we estimate the matching function allowing … for unobserved matching efficacy, without imposing the usual independence assumption between matching efficiency and …