there is nowadays much simpler than in the past. Search-matching externalities are amplified by this possibility and by the … expected, increasing matching effectiveness in the other region yields growing regional unemployment rates. We characterize the …

This paper examines the labour market matching process by distinguishing its two component stages: the contact stage … account for important empirical regularities that the conventional matching model cannot. …

This paper provides a simple matching model in which unemployed workers and employers can be matched together trough …

and the Beveridge curve. We build a stochastic dynamic general equilibrium matching model, which assumes failures in the … matching between vacancies and unemployed. We calibrate the model for the Spanish economy and simulate it considering two …

The objective of this paper is to model explicitly the possibility to form temporary matching in a model of two …

This papers revisits the normative properties of search-matching economies when workers have concave utility functions …

This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …