reproduce the volatility of the job finding rate. Moreover, the matching model embeds other non-linearities which alter the …

A search and matching model, when calibrated to the mean and volatility of unemployment in the postwar sample, can … labor market conditions, along with the congestion externality from matching frictions, cause the unemployment rate to rise …

macroeconomics and labor economics. Several models like e.g. matching models with endogenous job destruction explicitly predict an …, which is consistent with the pattern implied by matching models with endogenous job destruction. …

macroeconomics and labor economics. Several models like e.g. matching models with endogenous job destruction explicitly predict an …, which is consistent with the pattern implied by matching models with endogenous job destruction. …

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

We investigate the welfare cost of business cycles implied by matching frictions. First, using the reduced-form of the … matching model, we show that job finding rate fluctuations generate intrinsically a non-linear effect on unemployment: positive …, the structural matching model embeds other non-linearities, which alter the average job finding rate and consequently the …

dynamic stochastic search-matching model with heterogeneous workers, where aggregate shocks to productivity fuel up the cycle …

We develop a multi-sectoral matching model to predict the impact of the lockdown on the US unemployment, considering …