We present a tractable, hybrid framework that nests random and perfectly directed search, in which workers are more … likely to direct their search toward submarkets with higher returns, while still searching in inferior submarkets with … respective limits, search becomes either completely random or perfectly directed. We characterize the model equilibrium and show …

We present a tractable, hybrid framework that nests random and perfectly directed search, in which workers are more … likely to direct their search toward submarkets with higher returns, while still searching in inferior submarkets with … respective limits, search becomes either completely random or perfectly directed. We characterize the model equilibrium and show …

and in job search behavior, and develop a multi-dimensional job-ladder model with endogenous search effort where workers … value both wages and amenities. The model allows for gender heterogeneity in separation rates, search effort, the value of … role for differences in separation rates and search behavior. Finally, we show that increases in job amenities - such as …

and in job search behavior, and develop a multi-dimensional job-ladder model with endogenous search effort where workers … value both wages and amenities. The model allows for gender heterogeneity in separation rates, search effort, the value of … role for differences in separation rates and search behavior. Finally, we show that increases in job amenities-such as the …

Heterogeneous search costs enable price discrimination, which I study in the canonical Wolinsky (1986) sequential … search setting. Firms observe a public signal of a consumer's search cost before posting a personalized price. The welfare … effects of search-cost-based price discrimination depend on the distribution of search costs. For sufficiently small search …

he classic search models assume that consumers adhere to a particular method of search (sequential or non …-sequential) and that they know the true price distribution. In this paper, we evaluate how well the search cost estimates from classic … models predict search outcomes - the amount of search and purchase prices - when these assumptions are violated. To this end …

search and re-employment. In our survey, we generate exogenous variation in respondents' wage expectations by informing a … optimists lower their reservation wages and intensify search, while pessimists raise reservation wages and redirect applications … toward local vacancies. Consistent with spatial search frictions, narrowing the geographic scope accelerates job finding …

search and re-employment. In our survey, we generate exogenous variation in respondents' wage expectations by informing a … optimists lower their reservation wages and intensify search, while pessimists raise reservation wages and redirect applications … toward local vacancies. Consistent with spatial search frictions, narrowing the geographic scope accelerates job finding …