When is the level of entry of buyers or sellers efficient in markets with search and matching frictions? This paper … generalizes the well-known Hosios condition for constrained efficiency to a wide range of dynamic search and matching environments …: entry is constrained efficient when buyers' surplus share equals the matching elasticity plus the surplus elasticity (i …

This paper analyzes an urn-ball matching model in which workers decide how intensively they sample job openings and …

We analyze the consequences of counseling provided to job seekers in a standard job search and matching model. It turns …

interact in a search and matching labour market. Workers acquire experience over time while being employed in a junior position …

workers distributed between them. We introduce commuting costs and search-matching frictions to deal with the spatial mismatch …

whether changes in matching frictions can explain the large and persistent increase in Mexican unemployment after the 2008 … global financial crisis. We find evidence of a statistically signicant reduction in the efficiency of the matching function … unemployment rate. Hence, these results suggest that changes in matching frictions cannot explain most of the increase in …

unemployment rates. To this end, we develop a matching model à la Pissarides (2000) in which homeowners are assumed to be less …

The matching of likes is a frequently observed phenomenon. However, for such assortative matching to arise in a search … can generate even perfect assortative matching under weak conditions: supermodularity of the match production function is … the model achieves nearly unconstrained efficiency despite frictions. -- Assortative matching ; sorting ; search ; signals …

search and matching frictions and incorporate a US unemployment insurance experience rating system. Layoff taxes based on … helps realign the search and matching model with the empirical properties of its most salient variables. The model …