This paper develops a labour market model with on-the-job search, match-specific productivity draws and an endogenous irreversible schooling decision. The choice of schooling is modelled as an optimal stopping problem which gives rise to the equilibrium heterogeneity of workers with respect to...

This paper develops a matching model of the labor market with heterogeneous firms, on-the-job search and family referrals. The overall effect of referrals on wages can be decomposed into three distinct components. First, if referrals are used to help unemployed partners find jobs, then...

This paper develops a labour market matching model with heterogeneous firms, on-thejob search and referrals. Social capital is endogenous, so that better connected workers bargain higher wages for a given level of productivity. This is a positive effect of referrals on reservation wages. At the...

This paper incorporates job search through personal contacts into an equilibrium matching model with a segregated labor market. Firms can post wage offers in the regular job market, alternatively they can save on advertising costs and rely on word-of-mouth communication. Wages are then...

This paper develops a labour market matching model with heterogeneous firms, on-thejob search and referrals. Social capital is endogenous, so that better connected workers bargain higher wages for a given level of productivity. This is a positive effect of referrals on reservation wages. At the...

"This article introduces the German job vacancy survey (EGS). Its data are valuable because employers' recruitment processes and decisions are little-noticed through the empirical literature on matching processes on the labour market. This is due to the fact that administrative data on job...

"In the context of the IAB Job Vacancy Survey (EGS) firms were asked if they had to cancel recruitment processes for open vacancies in the year of the survey because no suitable candidates were found. It remains ambiguous if this cancellation means the actual ending of the firms' recruitment...

"In recent years, macroeconomic data on job vacancies are increasingly in the focus of interest. This is due to the fact, that administrative data on job openings do not cover the macroeconomic information, neither in their structure nor in their extent. In Germany, this gap can be bridged by...

"In recent years, macroeconomic data on job vacancies are increasingly in the focus of interest. This is due to the fact, that administrative data on job openings do not cover the macroeconomic information, neither in their structure nor in their extent. In Germany, this gap can be bridged by...