We develop a random search model with two-sided heterogeneity and match-specific productivity shocks to explain why high-productivity workers tend to work at high-productivity firms despite low-productivity workers gaining about as much from such matches. Our model has two key predictions: i)...

We develop a random search model with two-sided heterogeneity and match-specific productivity shocks to explain why high-productivity workers tend to work at high-productivity firms despite low-productivity workers gaining about as much from such matches. Our model has two key predictions: i)...

We develop a random search model with two-sided heterogeneity and match-specific productivity shocks to explain why high-productivity workers tend to work at high-productivity firms despite low-productivity workers gaining about as much from such matches. Our model has two key predictions: i)...

We study partnership sorting by education, the profile of wealth accumulation and the implications for wealth inequality for two cohorts born in 1947-1953 and 1973-1979 using the Wealth and Assets Survey for Great Britain. Our findings suggest individuals positively sort by education relative to...

Assortative mating can exacerbate household income inequality within and between generations. While previous studies have shown that it raises income inequality, its effects on wealth inequality remain less explored due to data limitations. This study uses Spanish administrative microdata to...

Assortative mating can exacerbate household income inequality within and between generations. While previous studies have shown that it raises income inequality, its effects on wealth inequality remain less explored due to data limitations. This study uses Spanish administrative microdata to...