Kolm, Ann-Sofie (contributor); Tonin, Mirco (contributor) - 2006
and �rms. The matching process of va-
cancies and unemployed job searchers is captured by a concave and constant-
returns … of va-
cancies and the number of unemployed workers relative to the labour force.
The search intensity by an average … speci�c unemployed worker �nds a job depends on
the individual search e�ort, si, in relation to the average search e�ort of …