We consider a competitive search model where firms with vacancies choose between posting a wage ex ante and bargaining …

We analyze the welfare and employment effects of different wage bargaining regimes. Within the large firm search model …

the driving forces of the U-shape in a model with search frictions. I introduce endogenous search effort and a fixed … retirement, match heterogeneity, and the worker's bargaining power. Because the working life is finite, the optimal search effort …

wage policy in a search model with heterogeneous workers. In particular, we characterize the circumstances under which …

This paper develops a search model with heterogeneous workers, firms, and on-the-job search. Employed low … the model besides the well-known classical search externality. First, low-skilled workers do not have any bargaining power …

search-matching models of the labor market. This 'intertemporal surplus sharing' (ISS) solution is usually defended as the … argue that such extreme assumptions on the risk of breakdown during disagreement are unattractive in the context of a search …-matching model. We then show that ISS arises for arbitrary breakdown rates if agents can precommit to search during disagreement …

We analyse a model of equilibrium directed search in a large labour market. Each worker, observing the wages posted at …

We investigate an equilibrium search model in which the search frictions are increasing with the distance to the … central business district allowing for on-the-job search and endogenous (monopsony) wage formation and land allocation. We …