We present a structural framework for the evaluation of public policies intended to increase job search intensity. Most … of the literature defines search intensity as a scalar that influences the arrival rate of job offers; here we treat it … as the number of job applications that workers send out. The wage distribution and job search intensities are …

This paper surveys recent work in equilibrium models of labor markets characterized by search and recruitment frictions …

This paper surveys the use of search and matching models in macroeconomics. It outlines the standard model, discusses …

or more of the posted wages, i.e. search, before deciding where to apply. Both with homogeneous and heterogeneous forms …, equilibrium wage dispersion is necessary for the economy to approximate efficiency. Without wage dispersion, workers do not search …, and wages are depressed. As a result: (a) there is excessive entry of firms; and (b) because, in the absence of search …

We construct and estimate an equilibrium search model with on-the-job-search. Firms make take-it-or-leave-it wage …

respected in addition to the standard constraint involving costly unobservable job-search. In particular, we derive closed …

underlying theory is the search and matching model, with workers and firms engaging in costly search leading to random matching …

calibrating a life cycle model with unemployment risk and endogenous search effort, we find that allowing unemployment replacement …

with search-matching frictions and on-the-job learning-by-doing. The model shows that societies populated by identical … the unemployment insurance and the optimal search behavior of the unemployed gives rise to a self-reinforcing mechanism …