Showing 1 - 7 of 7
We develop a two-sided matching model to analyze collaboration between heterogeneous academics and firms. We predict a … positive assortative matching in terms of both scientific ability and affinity for type of research, but negative assortative …
Persistent link: https://www.econbiz.de/10010849635
method based on propensity score matching. The average house prices for two periods are compared by selecting pairs of …. The uncertainty associated with such matching is addressed by multiple imputation, framing the problem as involving …
Persistent link: https://www.econbiz.de/10008506898
This paper analyzes the problem of matching heterogeneous agents in a Bayesian learning model. One agent gives a noisy … cross-matching occurs, so that agents of low knowledge catch up with those of higher one. It is shown that: (i) a greater … informational component in production makes cross-matching more likely; (ii) as the new technology is mastered, production becomes …
Persistent link: https://www.econbiz.de/10005771999
period job matching model is studied, in which risk averse agents act both as workers and as entrepreneurs. They choose …
Persistent link: https://www.econbiz.de/10005772131
accumulated by workers. A matching function relates unemployment, hiring expenditure, and search effort to the formation of jobs …
Persistent link: https://www.econbiz.de/10005772360
Four general equilibrium search models are compared quantitatively. The baseline framework is a calibrated macroeconomic model of the US economy designed for a welfare analysis of unemployment insurance policy. The other models make three simple and natural specification changes, regarding tax...
Persistent link: https://www.econbiz.de/10005772499
We construct and calibrate a general equilibrium business cycle model with unemployment and precautionary saving. We compute the cost of business cycles and locate the optimum in a set of simple cyclical fiscal policies. Our economy exhibits productivity shocks, giving firms an incentive to hire...
Persistent link: https://www.econbiz.de/10005707978