This paper extends the standard matching model by introducing a gap in separation costs between entrant and incumbent …

Does the search and matching model fit aggregate U.S. labor market data? While the model has become an important tool … high volatility of most of the key variables, the negative co-variation of unemployment and vacancies, and the behavior of …

market dynamics. -- search ; matching ; U.S. labor market ; vacancies ; labor market flows ; business cycles …Does the search and matching model fit aggregate U.S. labor market data? While the model has become an important tool … high volatility of most of the key variables, the negative co-variation of unemployment and vacancies, and the behavior of …

vacancies on the other hand, which is observationally equivalent to a constant returns Cobb-Douglas function commonly used to … model match formation. We use German administrative labor market data to show that the matching function correlation solely … based on idiosyncratic productivity and free entry is very close to the empirical matching function. Consequently, we argue …

vacancies on the other hand, which is observationally equivalent to a constant return Cobb-Douglas function commonly used to … model match formation. We use German administrative labor market data to show that the matching function correlation solely … based on idiosyncratic productivity and free entry is very close to the empirical matching function. Consequently, we argue …

comovement between matches, unemployment, and vacancies in dynamic labor market models: either by assuming a standard Cobb … negative time trend in estimated matching functions. In addition, the full nonlinear combined model generates highly asymmetric …

, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … separations and on-the-job search quantitatively accounts for all the documented empirical regularities. The model also …

, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … separations and on-the-job search quantitatively accounts for all the documented empirical regularities. The model also …