mechanisms that allow for ex post Bertrand competition generate the maximum matching on a realized network. -- efficiency …When workers send applications to vacancies they create a network. Frictions arise because workers typically do not … friction affects network formation, while the second coordination friction affects network clearing. We show that those …

I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor …

According to search and matching theory, a greater availability of unemployed workers should make it easier for a firm …

According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when …

-sectional heterogeneity of establishments' average real wages over the business cycle. While the median establishments' real wages are … procyclical, there is a large fraction of establishments with countercyclical real wages. We are the first to show that … establishments with more procyclical wages have a less procyclical hires rate and employment behavior. We propose a labor market flow …

with theory, establishments with more procyclical wage movements over the business cycle have a more countercyclical hires …

in other firms (congestion). According to efficiency wage and bargaining theory, wages are set above the market clearing … of the search-matching theory. -- Job Creation ; Involuntary Unemployment ; Search-Matching ; Labor Demand …How well do alternative labor market theories explain variations in net job creation? According to search-matching …

in other firms (congestion). According to efficiency wage and bargaining theory, wages are set above the market clearing … of the search-matching theory. -- job creation ; involuntary unemployment ; search-matching ; labor demand …How well do alternative labor market theories explain variations in net job creation? According to search-matching …