Fundamental models of money always exhibit autarkic equilibria where money has no value. In this paper we propose a … behavior and the primitives of the economy, thus offering insights on the conditions under which money emerges as a medium of … exchange. Overall, our results favour money over autarky, especially if agents are patient. …

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

cartel/fringe model that incorporates search and contracting. The model predicts that cartel prices exceed those on the …

newspaper. Unemployment occurs in occupations that are short on vacancies. New vacancies are created by entrepreneurial search … subsidize entrepreneurial investment (there is a wage bargaining distortion and a search externality), simulations show that the …

This Paper demonstrates that women search longer for their first or second husband in cities with higher male wage … search longer for a husband. …

establish long positions in a search spot market, or short positions by first borrowing an asset in a search repo market. We … show that short-sellers can endogenously concentrate in one asset because of search externalities and the constraint that … they must deliver the asset they borrowed. That asset enjoys greater liquidity, measured by search times, and a higher …

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

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

Labour market analysis places much emphasis on the concept of search. But there is insufficient empirical information … on (a) the relationship between reported search and job-finding and (b) how search behaviour changes over a spell without … jobs to the state of "joblessness". The results on job exits call into question aspects of the standard international …