A generalized rise in unemployment rates for both college and high-school graduates, a widening education wage premium … considerable part of the changes but fails to produce the increase in unemployment for the educated labor force. The mismatch shock …

fill jobs. Moreover, unemployment rates are higher in industries which use employee referrals more extensively. This paper … search is, however, not necessarily efficient. Congestion externalities in referral search imply that unemployment would be …

In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …

of heterogeneity in the size of referral networks. Referrals match ‘good’ high-paying jobs to well-connected workers …

incentives on retirement in two ways. First, by modeling the transitions between employment, unemployment and retirement in a … simultaneous manner, paying special attention to the transition from unemployment to retirement (which is particularly important in … Spain). Second, by considering the influence of unobserved heterogeneity in the estimation of the effect of our (carefully …