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In a matching model of the academic labour market, with outside and inside workers, this paper shows that outsiders are harmed by the insiders. This is due on two types of search frictions: information and cooptation. Each frictions reduce the probability to get an academic job for outsiders...
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Purpose: The purpose of this paper is two-fold: first, to introduce an innovative model of financial order book, less simplified than the existing literature and still able to replicate all statistical features of true markets; second, to simulate realistically the effects of policies aimed to...
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One of the most recurrent insights about international migration is the link with development and dynamic perspectives of a country. A comprehensive approach to this topic is essential to put migration at the core of any policy-maker's agenda as it must be seen as an opportunity in both origin...
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