Can the standard search-and-matching labor market model replicate the business cycle fluctuations of the job finding … rate and the unemployment rate? In the model, fluctuations are prominently driven by productivity shocks which are commonly …

matching rate in the high-productivity sector can then be realized with fewer applications (and consequently fewer coordination …In this paper we study the allocation of workers over high and low productivity firms in a labor market with … coordination frictions. Specifically, we consider a search model where workers can apply to high and or low productivity firms …

This paper makes two contributions to the empirical matching literature. First, a recent study by Anderson and Burgess … (2000) testing for endogenous competition among job seekers in a matching frame-work, is replicated with a richer and more … accurate data set for Germany. Their results are confirmed and found to be surprisingly robust. Second, the matching framework …

that urban areas play an important role in the job matching process. …

We enrich a baseline RBC model with search and matching frictions on the labor market and real frictions that are …-stationary TFP, investment-specific productivity and preference shocks significantly affect labor market variables and explain a …

through a reservation wage effect. Second, a positive productivity shock causes firms to invest more resources in innovation …This paper develops an equilibrium search and matching model to jointly study the aggregate, sectoral, and … "innovation" from investments that can potentially improve a match's productivity. These extensions deliver two mechanisms for …