This paper develops a real business cycle model with labor market search and matching frictions, which endogenously …

In a reasonably calibrated Mortensen and Pissarides matching model, shocks to average labor productivity can account …

Revised May 2016. We analyze a labor market with search and matching frictions in which wage setting is controlled by a …

authors show that the job matching model in its standard form cannot reproduce these patterns due to excessively rapid vacancy …

This paper generalizes and extends the labor market search and matching model of Berliant, Reed, and Wang (2006). In … this model, the density of cities is determined endogenously, but the matching process becomes more efficient as density … matching function and congestion costs to changes in density …

We examine the optimal labor market-policy mix over the business cycle. In a search and matching model with risk …

The authors examine the optimal labor market-policy mix over the business cycle. In a search and matching model with …