How does the timing, targets and types of anti-crime policies affect a network when criminal retailers search … players bargain over the surplus. In such a market, some anti-crime policies distort revenue sharing, reduce matching … sequentially for wholesalers and crime opportunities? Given the illicit nature of crime, I analyze a non-competitive market where …

We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on … unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted … for by the unprecedented extensions of unemployment benefit eligibility. In contrast to the existing recent literature …

. For instance, a more generous unemployment insurance system reduces the crime rate of the unemployed but its effect on the … overall effect on crime is positive but quantitatively small. Wage subsidies reduce unemployment and crime rates of employed … and unemployed workers, and improve society's welfare. Hiring subsidies reduce unemployment but they can raise the crime …

, labor demand, and human capital. Topics discussed also include wage and employment determination, turnover, search …, immigration, unemployment, equalizing differences, and institutions in the labor market. There is particular emphasis on the …

We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on … unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted … for by the unprecedented extensions of unemployment benefit eligibility. In contrast to the existing recent literature …

form of higher unemployment and lower wages spread to all workers, immigrants and natives, in all sectors of the economy …The effects of discrimination of immigrants on the labour market are studied within a search and wage …-bargaining setting including a risk of losing skills during the experience of unemployment. The negative effects of discrimination in the …

This paper revisits the normative properties of search-matching economies when homogeneous workers have concave utility … functions and wages are bargained over. The optimal allocation of resources is characterized first when information is perfect … and second when search effort is not observable. To decentralize these optima, employees should be unable to extract a …

I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor …. The distribution of unemployment worker types adjusts slowly, which amplifies job creation in the short run. In the long … run, falling unemployment curtails the firms' vacancy posting. The model closely matches time-series moments from U …

their unemployment rate rose less than the one of prime-age workers. This view is a myth: older workers are more sensitive …-life expectancy endogenously reduces their outside options and leads their wages to be less sensitive to the business cycle. Thus, in …

the empirical literature estimating the matching function, commonly used to map unemployment and vacancies into hires …. First, we show how to non-parametrically identify the matching function. Second, we estimate the matching function allowing … for unobserved matching efficacy, without imposing the usual independence assumption between matching efficiency and …