. -- Wage Rigidity ; Search and Matching Model ; Business Cycle …

This paper investigates the method of matching regarding two crucial implementation choices, the distance measure and … the type of algorithm. We implement optimal full matching a fully efficient algorithm and present a framework for … that decisions regarding the matching algorithm depend on the structure of the data: In the case of strong selection into …

This paper investigates the method of matching regarding two crucial implementation choices, the distance measure and … the type of algorithm. We implement optimal full matching - a fully efficient algorithm - and present a framework for … that decisions regarding the matching algorithm depend on the structure of the data: In the case of strong selection into …

's. The paper compares the predictions of the signaling and human capital models in response to an exogenous demand shock … hypotheses are derived. The findings suggest that the signaling model may indeed predict the observed changes in the schooling …

, potential bias from unobserved heterogeneity and selectivity and consider the core issue of students' information on benefits …

labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching …