This paper develops and extends a dynamic, discrete time, job to worker matching model in which jobs are heterogeneous in equilibrium. The key assumptions of this economic environment are (i) matching is directed and (ii) coordination frictions lead to heterogeneous local labor markets. We...

We develop a competing auction model of a labor market with a continuum of heterogeneous workers and firms. We estimate this model and compare it to closely related models of price posting using Danish data on wages and productivities. Assuming heterogeneous workers with no comparative...