Integrating Roy with Becker, this paper studies occupational choice and matching in the labor market. Our model …

of unemployment …

stabilised since then. The first part of the paper aims to describe the regional differentiation in wages and unemployment on the … focus on the effect of unemployment rate, representing an exogenous factor of the region itself. The model’s specification …, employment structure of the regional economy, degree of economic concentration, and district rate of unemployment. The …

cycle, I show that the cyclical behavior of aggregate unemployment and vacancies is independent of the degree of wage …

minimum wages when firms are financially constrained. We introduce financial frictions into a search and matching labor market … model with stochastic job matching, imperfect information, and endogenous effort. In line with the empirical literature, the …

This paper develops a four-sector equilibrium search and matching model with informal sector employment opportunities … incentives as it reduces the attractiveness of remaining a low-educated worker. However, unemployment also increases …

This paper studies optimal taxation schemes for education in a search-matching model where the labor market is divided …