-Mortensengeneral equilibrium search model. The data contain sufficientinformation on wages, labor force states, durations, and transitionsto … generate estimates of the model's structural parameters. Ouranalysis compares the relative labor market search friction … forblack and white male household heads. In general we find blacks facegreater search friction while unemployed than whites …

search costs play a positive role, whose effect may outweigh the negative implications. As workers are provided incentives to … exert effort by the threat of losing their job and having to search for a new vacancy, a reduction in job search costs leads … stay out of the labor market, resulting in lower employment and decreased welfare. Eventually, a reduction of jobs search …

We study the implications of biased consumer beliefs for search market outcomes in the seminal framework due to Diamond … (1971). Biased consumers base their search strategy on a belief function which specifies for any (true) distribution of …

We present a structural framework for the evaluation of public policies intended to increase job search intensity. Most … of the literature defines search intensity as a scalar that influences the arrival rate of job offers; here we treat it … as the number of job applications that workers send out. The wage distribution and job search intensities are …

This paper examines how individuals select into job search in terms of their individual qualifications and perceptions … and measures how recruiting additional applicants with a modest job-search subsidy affects selection. I use experimental … qualified do not search intensively. Although the subsidy does not lead to any additional offers, it induces individuals with a …