Similar Search Results

Cai, Xiaoming; Gautier, Pieter; Wolthoff, Ronald - 2021

We investigate the effect of search frictions on labor market sorting by constructing a model which is in line with recent evidence that employers collect a pool of applicants before interviewing a subset of them. In this environment, we derive the necessary and sufficient conditions for sorting...

Persistent link: https://www.econbiz.de/10012581332

Search, screening and sorting

Cai, Xiaoming; Gautier, Pieter; Wolthoff, Ronald - 2021

Persistent link: https://www.econbiz.de/10012583359

Search costs and the determinants of job search

Beam, Emily A. - 2020

This paper examines how individuals select into job search in terms of their individual qualifications and perceptions and measures how recruiting additional applicants with a modest job-search subsidy affects selection. I use experimental evidence to examine individuals' decisions to attend and...

Persistent link: https://www.econbiz.de/10012296667

Holdups and Efficiency with Search Frictions

Acemoglu, Daron; Shimer, Robert - 2003

benchmark, we show that efficiency is achieved when firms post wages and workers can direct their search towards more attractive … offers. This efficiency result generalizes to an environment with imperfect information where workers only observe a few of … the equilibrium wage offers. We show that the underlying reason for efficiency is not wage posting per se, but the ability …

Persistent link: https://www.econbiz.de/10014208497

Job search costs and incentives

Zapechelnyuk, Andriy; Zultan, Ro'i - 2012

The costs of searching for a job vacancy are typically associated with friction that deters or delays employment of potentially productive individuals. We demonstrate that in a labor market with moral hazard where effort is noncontractible, job search costs play a positive role, whose effect may...

Persistent link: https://www.econbiz.de/10009517818

Costly Search and Design

Bar-Isaac, Heski - 2012

Firms compete by choosing both a price and a design from a family of designs that can be represented as demand rotations. Consumers engage in costly sequential search among firms. Each time a consumer pays a search cost he observes a new offering. An offering consists of a price quote and a new...

Persistent link: https://www.econbiz.de/10013116930

In Search of a Risk-Free Asset : Search Costs and Sticky Deposit Rates

Yankov, Vladimir - 2018

To attract time deposits, more than 6,000 banks post their offer rates. I document a large cross-sectional dispersion, negative spreads over Treasuries, and upward rigid adjustments in these rates following federal funds rate increases. Estimates of an oligopoly model reveal a large fraction of...

Persistent link: https://www.econbiz.de/10012940222

Asymmetric Sequential Search

Astorne-Figari, Carmen - 2016

This note explores asymmetries in the way consumers sample prices in a simple variation of Stahl's (1989) seminal model of sequential search. In the note, we characterize a unique equilibrium in which a firm that caters to more local consumers selects prices from a distribution which first order...

Persistent link: https://www.econbiz.de/10013008872

Search, screening and sorting

Cai, Xiaoming; Gautier, Pieter; Wolthoff, Ronald - 2021

We investigate the e↵ect of search frictions on labor market sorting by constructing a model which is in line with recent evidence that employers collect a pool of applicants before interviewing a subset of them. In this environment, we derive the necessary and sucient conditions for sorting...

Persistent link: https://www.econbiz.de/10012591555

Search Costs and the Determinants of Job Search

Beam, Emily - 2021

Persistent link: https://www.econbiz.de/10013315188

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