The introduction of firm size into labor search models raises the question how wages are set when average and marginal … publicly posting long-term contracts. In such a competitive search setting, firms achieve faster growth not only by posting …

We introduce a preference for wealth into the standard search and matching model to analyze the labor market when there …

We introduce a preference for wealth into the standard search and matching model to analyze the labor market when there …

mobility or mobility shocks, we propose a multi-sector business cycle model with on-the-job search and endogenous occupational …

The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … worker may prefer nonparticipation if the disutility of search is amplified by sickness. The decisions governing labor force … affect individual decisions on absence and search and the implications for employment, unemployment and nonparticipation. The …

The paper presents a tractable general equilibrium model of search unemployment that incorporates absence from work as … among nonemployed individuals interact with their search decisions and trigger movements into and out of the labor force …

distinction between efficient (cities) and less efficient (non-cities) search markets. One implication of the model is that …

We study the effects of immigration on native welfare in a general equilibrium model featuring two skill types, search … studied, immigration attenuates the effects of search frictions. These gains tend to outweigh the welfare costs of … in two thirds of countries, contrary to what models without search frictions predict. Average total gains from …