The labor search and matching model plays a growing role in macroeconomic analysis. This paper provides a critical …

replicate these findings in a search model, it must be that wages are rigid in ongoing jobs but flexible at the start of new …

, and on-the-job search. We find that about a third of workers had precise information about pay when they first met with …

The use of informal job search method is prevalent in many countries. There is, however, no consensus in the literature … have conducted their search through informal channels, despite their popularity. Our further analysis suggests two … potential reasons for the wage penalty: 1) the informal job search sends a negative signal (of workers' inability to …

We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs … rate of 4-6%. We find that without search frictions, output would be between 7.5% and 18.5% higher, depending on whether or …

The paper develops an equilibrium search and matching model where two-person families as well as singles participate in …

We propose a spatial search-matching model where both job creation and job destruction are endogenous. Workers are ex …