We present a tractable, hybrid framework that nests random and perfectly directed search, in which workers are more likely to direct their search toward submarkets with higher returns, while still searching in inferior submarkets with positive probability. The choice of submarket is governed by...

In many-to-many matching markets, various concepts have been introduced to analyze stability. Most of these concepts are not straightforward to interpret. For instance, stability blocks may make members of a blocking coalition worse off. This paper argues that the differences between stability...

We study stability notions for networked many-to-many matching markets with individually insignificant agents in distributional form. Outcomes are formulated as joint distributions over characteristics of agents and contract choices. Characteristics can lie in an arbitrary Polish space. We...

We study the role of gender role attitudes (GRA)—beliefs about appropriate roles for men and women—in marital sorting and intra-household allocations. Using the UK Household Longitudinal Study and a multidimensional matching model, we estimate the contribution of GRA to the joint marriage...

We present a tractable, hybrid framework that nests random and perfectly directed search, in which workers are more likely to direct their search toward submarkets with higher returns, while still searching in inferior submarkets with positive probability. The choice of submarket is governed by...

Wage dispersion and job-to-job mobility are central features of modern labour markets, yet canonical equilibrium search models with exogenous job-offer ladders struggle to jointly account for these facts and the magnitude of frictional wage inequality. We develop a continuous-time equilibrium...

We develop and estimate a dynamic model of household labor supply and SNAP participation that explains two empirical puzzles: incomplete program take-up despite substantial benefits, and minimal employment effects of SNAP work requirements despite the constraints they impose. Our model...

This paper shows how changes in labor market mismatch can be attributed to the components unemployment, vacancies and matching efficiency. We find that unemployment is the most important factor and also drives the cyclical fluctuations, while the vacancy contributions are smaller and...

We study the role of Gender Role Attitudes (GRA) - beliefs about appropriate roles for men and women - in marital sorting and intra-household allocations. Using the UK Household Longitudinal Study and a multidimensional matching model following Dupuy and Galichon (2014), we estimate the...

This paper studies the relative importance of teacher-student match effects and general teacher effectiveness in producing student learning, and quantifies gains from alternative teacher assignments. We estimate a framework that separates these components, allowing match quality to vary with...

This study is the first to analyse the determinants and wage impacts of vertical educational mismatches in the wage sector in Indonesia. This study is also the first to examine the wage effect of vertical educational mismatch based on the fields of study, gender, and spatial conditions of the...

Immigrants across Europe earn less and work in lower-quality jobs than natives, but the mechanisms underlying these disparities remain poorly understood. This paper asks whether immigrant disadvantage reflects barriers to accessing good jobs or skill deficits that persist even within similar...

Online job fairs are a new labor market intervention. This paper provides the first experimental evidence on their impact by evaluating an online fair for information and communication technology jobs in Bangladesh. The fair generated a non-negligible number of job offers; however, over 90% of...

Summer Youth Employment Programs are known to have significant impacts on youth outcomes based on lotteries from oversubscribed programs. But most cities cannot use a lottery design due to heterogeneity across youth and jobs. How can programs achieve efficiency and equity under alternative...

This study explores the marriage matching of only-child individuals and the related outcomes. Specifically, we analyze two aspects: First, we investigate the marriage patterns of only children, examining whether people choose mates in a positive or negative assortative manner regarding...

In "Immigration, search and redistribution: A quantitative assessment of native welfare," a paper by Battisti et al. published in the August 2018 issue of the Journal of the European Economic Association, the authors inquire about how migration to 20 Organization for Economic Cooperation and...

Shimer documents that the search-and-matching model driven by productivity shocks explains only a small share of the observed volatility of unemployment and vacancies, which is known as the Shimer puzzle. We revisit this evidence by replacing the representative firm's optimization with a deep...

We study the micro sources and macro consequences of worker–job matching across countries with large income differences. Using internationally comparable data on over 120,000 individuals in 30 countries, we document that workers' skills align more closely with their jobs' skill requirements in...

Preferences are central to matching markets, yet experiments typically rely on induced preferences that may not reflect real-world decision-making. We examine how induced versus non-induced preferences shape behavior in matching experiments, extending Chen and Sönmez (2006). Using the most...

This paper studies how unemployment benefits affect aggregate outcomes through general equilibrium effects. First, we document that lower unemployment benefits tend to reduce the real interest rate in a structural vector autoregression with narrative sign restrictions. Young workers experience...

Many policies involve dynamics in their treatment assignments where individuals receive sequential interventions over multiple stages. We study estimation of an optimal dynamic treatment regime that guides the optimal treatment assignment for each individual at each stage based on their history....

Our paper documents the importance of ex ante worker heterogeneity for labor market dynamics and for the composition of the unemployment pool over the business cycle. In recessions, the unemployment pool shifts toward workers with higher wages in their previous jobs. Based on administrative data...

Since the 1990s, the Czech Republic has witnessed a significant increase in educational attainment, leading to a rise in educational mismatch. This study investigates the prevalence of vertical and horizontal educational mismatch using data from surveys conducted in 2011 and 2022 on Czech prime...

Our paper documents the importance of ex ante worker heterogeneity for labor market dynamics and for the composition of the unemployment pool over the business cycle. In recessions, the unemployment pool shifts toward workers with higher wages in their previous jobs. Based on administrative data...

This paper examines how translating school assignment information into parents' native languages affects school choice outcomes in Bremen, a city state in Germany, where a strategyincentivizing immediate acceptance mechanism is used. While translated information was made available to...

Priority-based allocation often requires eliminating justified envy, making serial dictatorship (SD) the only non-wasteful direct mechanism with that property. However, SD's outcomes can conflict with the policymaker's objectives. We introduce visible fairness, a framework where fairness is...