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Robert Shimer

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Daron Acemoglu & Robert Shimer, 1999. "Productivity Gains from Unemployment Insurance," NBER Working Papers 7352, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. Rest unemployment
      by Economic Logician in Economic Logic on 2008-09-16 18:12:00
    2. En bra arbetslöshetsförsäkring skapar inte arbetslöshet men ger en bättre matchning på arbetsmarknaden
      by Roger Mörtvik in Utredarna on 2012-09-14 18:51:48
    3. New insights on optimal unemployment insurance
      by Economic Logician in Economic Logic on 2008-12-23 18:36:00
  2. Acemoglu, Daron & Shimer, Robert, 2000. "Productivity gains from unemployment insurance," European Economic Review, Elsevier, vol. 44(7), pages 1195-1224, June.

    Mentioned in:

    1. Rest unemployment
      by Economic Logician in Economic Logic on 2008-09-16 18:12:00
    2. En bra arbetslöshetsförsäkring skapar inte arbetslöshet men ger en bättre matchning på arbetsmarknaden
      by Roger Mörtvik in Utredarna on 2012-09-14 18:51:48
    3. New insights on optimal unemployment insurance
      by Economic Logician in Economic Logic on 2008-12-23 18:36:00
  3. Robert Shimer, 2009. "Convergence in Macroeconomics: The Labor Wedge," American Economic Journal: Macroeconomics, American Economic Association, vol. 1(1), pages 280-297, January.

    Mentioned in:

    1. Labor Supply Heterogeneity
      by Agent Continuum in Agent Continuum on 2010-08-02 10:00:24
  4. Robert Shimer, 2005. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies," American Economic Review, American Economic Association, vol. 95(1), pages 25-49, March.

    Mentioned in:

    1. Directed labor search and the cycle
      by Economic Logician in Economic Logic on 2008-08-26 20:02:00
    2. Rethinking the labor matching function
      by Economic Logician in Economic Logic on 2009-03-13 20:14:00
    3. A Frictionless Model of Job Flows and the Beveridge Curve
      by Christian Zimmermann in NEP-DGE blog on 2010-08-23 05:24:52

    Mentioned in:

    1. A story: Charging a small fee for not voting
      by UDADISI in udadisi on 2011-10-20 21:39:00
    2. Articles for Journal Clubs
      by Liam Delaney in Geary Behaviour Centre on 2010-06-22 22:50:00
    3. Preventing bank runs – a primer
      by ? in Bruegel blog on 2013-04-02 15:58:20
    4. Who will pay the bill in Sicily?
      by laurence-df in OFCE le blog on 2012-10-04 11:00:29
    5. H-Index for Journals
      by Francis Diebold in No Hesitations on 2018-03-08 17:47:00
  5. Fernando Alvarez & Robert Shimer, 2008. "Search and Rest Unemployment," NBER Working Papers 13772, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. Rest unemployment
      by Economic Logician in Economic Logic on 2008-09-16 18:12:00
  6. Daron Acemoglu & Robert Shimer, 1998. "Efficient Unemployment Insurance," NBER Working Papers 6686, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. Waiting for the perfect job does not work
      by Economic Logician in Economic Logic on 2011-04-04 19:03:00
  7. Author Profile
    1. Peers at Work as of August 2016
      by Matthew Kahn in Environmental and Urban Economics on 2016-09-04 19:36:00

RePEc Biblio mentions

As found on the RePEc Biblio, the curated bibliography of Economics:
  1. Daron Acemoglu & Robert Shimer, 1999. "Efficient Unemployment Insurance," Journal of Political Economy, University of Chicago Press, vol. 107(5), pages 893-928, October.

    Mentioned in:

    1. > Labor Economics > Unemployment Insurance > Optimal Unemployment Insurance
  2. Maryam Farboodi & Gregor Jarosch & Robert Shimer, 2020. "Internal and External Effects of Social Distancing in a Pandemic," NBER Working Papers 27059, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. > Economics of Welfare > Health Economics > Economics of Pandemics > Specific pandemics > Covid-19 > Health > Distancing and Lockdown
  3. Robert Shimer, 2005. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies," American Economic Review, American Economic Association, vol. 95(1), pages 25-49, March.

    Mentioned in:

    1. > Macroeconomics > Economic Fluctuations > Real Business Cycle Theory > Labor in RBC models

Working papers

  1. Fernando E. Alvarez & Katarína Borovičková & Robert Shimer, 2021. "Consistent Evidence on Duration Dependence of Price Changes," NBER Working Papers 29112, National Bureau of Economic Research, Inc.

    Cited by:

    1. Karadi, Peter & Amann, Juergen & Bachiller, Javier Sánchez & Seiler, Pascal & Wursten, Jesse, 2023. "Price setting on the two sides of the Atlantic - Evidence from supermarket scanner data," Journal of Monetary Economics, Elsevier, vol. 140(S), pages 1-17.

  2. Mohammad Akbarpour & Julien Combe & Yinghua He & Victor Hiller & Robert Shimer & Olivier Tercieux, 2020. "Unpaired Kidney Exchange: Overcoming Double Coincidence of Wants without Money," NBER Working Papers 27765, National Bureau of Economic Research, Inc.

    Cited by:

    1. Scott Duke Kominers & Parag A. Pathak & Tayfun Sönmez & M. Utku Ünver, 2020. "Paying It Backward and Forward: Expanding Access to Convalescent Plasma Therapy Through Market Design," NBER Working Papers 27143, National Bureau of Economic Research, Inc.
    2. Naonori Kakimura & Donghao Zhu, 2021. "Dynamic Bipartite Matching Market with Arrivals and Departures," Papers 2110.10824, arXiv.org.
    3. Mohammad Akbarpour & Yeganeh Alimohammadi & Shengwu Li & Amin Saberi, 2021. "The Value of Excess Supply in Spatial Matching Markets," Papers 2104.03219, arXiv.org.
    4. Eric Budish & Robin S. Lee & John J. Shim, 2019. "A Theory of Stock Exchange Competition and Innovation: Will the Market Fix the Market?," NBER Working Papers 25855, National Bureau of Economic Research, Inc.
    5. Walter Castro & Julio Elias, 2022. "Injecting Adam Smith’s Ideas in the Market for Kidney Transplants," CEMA Working Papers: Serie Documentos de Trabajo. 828, Universidad del CEMA.
    6. Yeon-Koo Che & Olivier Tercieux, 2023. "Optimal Queue Design," Papers 2307.07746, arXiv.org.

  3. Maryam Farboodi & Gregor Jarosch & Robert Shimer, 2020. "Internal and External Effects of Social Distancing in a Pandemic," NBER Working Papers 27059, National Bureau of Economic Research, Inc.

    Cited by:

    1. Campos-Mercade, Pol & Meier, Armando N. & Schneider, Florian H. & Wengström, Erik, 2021. "Prosociality predicts health behaviors during the COVID-19 pandemic," Journal of Public Economics, Elsevier, vol. 195(C).
    2. Dirk Krueger & Harald Uhlig & Taojun Xie, 2022. "Macroeconomic dynamics and reallocation in an epidemic: evaluating the ‘Swedish solution’," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 37(110), pages 341-398.
    3. Ingvild Almås & Tessa Bold & Tillmann von Carnap & Selene Ghisolfi & Justin Sandefur, 2020. "The Macroeconomics of Pandemics around the World: Lives versus Livelihoods Revisited," Working Papers 555, Center for Global Development, revised 01 Jun 2022.
    4. Alessandro Basurto & Herbert Dawid & Philipp Harting & Jasper Hepp & Dirk Kohlweyer, 2023. "How to design virus containment policies? A joint analysis of economic and epidemic dynamics under the COVID-19 pandemic," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 18(2), pages 311-370, April.
    5. Hinterlang, Natascha & Moyen, Stephane & Röhe, Oke & Stähler, Nikolai, 2023. "Gauging the effects of the German COVID-19 fiscal stimulus package," European Economic Review, Elsevier, vol. 154(C).
    6. Rebelo, Sérgio & Eichenbaum, Martin & Trabandt, Mathias, 2020. "The Macroeconomics of Epidemics," CEPR Discussion Papers 14520, C.E.P.R. Discussion Papers.
    7. Bhalotra, Sonia R. & Brito, Emilia & Clarke, Damian & Larroulet, Pilar & Pino, Francisco J., 2021. "Dynamic Impacts of Lockdown on Domestic Violence: Evidence from Multiple Policy Shifts in Chile," IZA Discussion Papers 14958, Institute of Labor Economics (IZA).
    8. Alexis Belianin & Alexander Shivarov, 2020. "What do we know, what we don't and what we cannot know so far about COVID-19: The case of Russia," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 4(S3), pages 77-86, December.
    9. David W. Berger & Kyle F. Herkenhoff & Simon Mongey, 2020. "An SEIR Infectious Disease Model with Testing and Conditional Quarantine," Staff Report 597, Federal Reserve Bank of Minneapolis.
    10. Sangmin Aum & Sang Yoon (Tim) Lee & Yongseok Shin, 2020. "Inequality of Fear and Self-Quarantine: Is There a Trade-off between GDP and Public Health?," Working Papers 902, Queen Mary University of London, School of Economics and Finance.
    11. Ichino, Andrea & Favero, Carlo A. & Rustichini, Aldo, 2020. "Restarting the economy while saving lives under Covid-19," CEPR Discussion Papers 14664, C.E.P.R. Discussion Papers.
    12. Fernández-Villaverde, Jesús & Jones, Chad, 2020. "Estimating and Simulating a SIRD Model of COVID-19 for Many Countries, States, and Cities," CEPR Discussion Papers 14711, C.E.P.R. Discussion Papers.
    13. Santos, Cezar & Brotherhood, Luiz & Kircher, Philipp & Tertilt, Michèle, 2020. "An economic model of the Covid-19 epidemic: The importance of testing and age-specific policies," CEPR Discussion Papers 14695, C.E.P.R. Discussion Papers.
    14. Allan Dizioli & Roberto Pinheiro, 2020. "Information and Inequality in the Time of a Pandemic," IMF Working Papers 2020/188, International Monetary Fund.
    15. Glaeser, Edward L. & Gorback, Caitlin & Redding, Stephen J., 2022. "JUE Insight: How much does COVID-19 increase with mobility? Evidence from New York and four other U.S. cities," Journal of Urban Economics, Elsevier, vol. 127(C).
    16. Coibion, Olivier & Gorodnichenko, Yuriy & Weber, Michael, 2020. "The Cost of the COVID-19 Crisis: Lockdowns, Macroeconomic Expectations, and Consumer Spending," Department of Economics, Working Paper Series qt69b8w79w, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    17. Guimarães, Luís, 2021. "Antibody tests: They are more important than we thought," Journal of Mathematical Economics, Elsevier, vol. 93(C).
    18. Martin Gonzalez-Eiras & Dirk Niepelt, 2022. "The Political Economy of Early COVID-19 Interventions in US States," Diskussionsschriften dp2201, Universitaet Bern, Departement Volkswirtschaft.
    19. Géraldine Bouveret & Antoine Mandel, 2021. "Social interactions and the prophylaxis of SI epidemics on networks," Post-Print halshs-03165772, HAL.
    20. Giorgio Fabbri & Salvatore Federico & Davide Fiaschi & Fausto Gozzi, 2024. "Mobility decisions, economic dynamics and epidemic," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 77(1), pages 495-531, February.
    21. V. V. Chari & Rishabh Kirpalani & Christopher Phelan, 2021. "The Hammer and the Scalpel: On the Economics of Indiscriminate versus Targeted Isolation Policies during Pandemics," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 42, pages 1-14, October.
    22. Cristina Arellano & Yan Bai & Gabriel P. Mihalache, 2020. "Deadly Debt Crises: COVID-19 in Emerging Markets," NBER Working Papers 27275, National Bureau of Economic Research, Inc.
    23. Liang Guo & Wendy Xu, 2023. "“We Are the World”: When More Equality Improves Efficiency and Antipandemic Consumptions Are Intervened," Marketing Science, INFORMS, vol. 42(2), pages 214-232, March.
    24. Martin Gonzalez-Eiras & Dirk Niepelt, 2020. "Optimally Controlling an Epidemic," Working Papers 20.06, Swiss National Bank, Study Center Gerzensee.
    25. David E. Bloom & Michael Kuhn & Klaus Prettner, 2022. "Modern Infectious Diseases: Macroeconomic Impacts and Policy Responses," Journal of Economic Literature, American Economic Association, vol. 60(1), pages 85-131, March.
    26. Pol Antras & Stephen J Redding & Esteban Rossi Hansberg, 2020. "Globalization and Pandemics," Working Papers 267, Princeton University, Department of Economics, Center for Economic Policy Studies..
    27. Brodeur, Abel & Gray, David & Islam, Anik & Bhuiyan, Suraiya Jabeen, 2020. "A Literature Review of the Economics of COVID-19," GLO Discussion Paper Series 601, Global Labor Organization (GLO).
    28. Ruben Durante & Luigi Guiso & Giorgio Gulino, 2020. "Asocial Capital: Civic Culture and Social Distancing during COVID-19," Working Papers 1181, Barcelona School of Economics.
    29. Martin F Quaas & Jasper N Meya & Hanna Schenk & Björn Bos & Moritz A Drupp & Till Requate, 2021. "The social cost of contacts: Theory and evidence for the first wave of the COVID-19 pandemic in Germany," PLOS ONE, Public Library of Science, vol. 16(3), pages 1-29, March.
    30. Christian Aleman & Christopher Busch & Alexander Ludwig & Raul Santaeulalia-Llopis, 2022. "A Stage-Based Identification of Policy Effects," PIER Working Paper Archive 22-026, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    31. Steve Alpern & Li Zeng, 2022. "Social Distancing, Gathering, Search Games: Mobile Agents on Simple Networks," Dynamic Games and Applications, Springer, vol. 12(1), pages 288-311, March.
    32. Bisin, Alberto & Moro, Andrea, 2022. "Spatial‐SIR with network structure and behavior: Lockdown rules and the Lucas critique," Journal of Economic Behavior & Organization, Elsevier, vol. 198(C), pages 370-388.
    33. Victor Couture & Jonathan I. Dingel & Allison Green & Jessie Handbury & Kevin R. Williams, 2020. "Measuring Movement and Social Contact with Smartphone Data: A Real-time Application to COVID-19," Cowles Foundation Discussion Papers 2241, Cowles Foundation for Research in Economics, Yale University.
    34. Andy Glover & Jonathan Heathcote & Dirk Krueger & Jose Victor Rios-Rull, 2020. "Health versus Wealth: On the Distributional Effects of Controlling a Pandemic," Working Papers 2020-038, Human Capital and Economic Opportunity Working Group.
    35. Timo Boppart & Karl Harmenberg & John Hassler & Per Krusell & Jonna Olsson, 2020. "Integrated Epi-Econ Assessment," NBER Working Papers 28282, National Bureau of Economic Research, Inc.
    36. Florian Dorn & Sahamoddin Khailaie & Marc Stoeckli & Sebastian C. Binder & Tanmay Mitra & Berit Lange & Stefan Lautenbacher & Andreas Peichl & Patrizio Vanella & Timo Wollmershäuser & Clemens Fuest & , 2023. "The common interests of health protection and the economy: evidence from scenario calculations of COVID-19 containment policies," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 24(1), pages 67-74, February.
    37. Ezzeddine Belgacem Mosbah & Parakramaweera Sunil Dharmapala, 2022. "Evaluating the Effects of COVID-19 and Vaccination on Employment Behaviour: A Panel Data Analysis Acrossthe World," Sustainability, MDPI, vol. 14(15), pages 1-14, August.
    38. Attar, M. Aykut & Tekin-Koru, Ayça, 2022. "Latent social distancing: Identification, causes and consequences," Economic Systems, Elsevier, vol. 46(1).
    39. Fang, Ximeng & Freyer, Timo & Ho, Chui-Yee & Chen, Zihua & Goette, Lorenz, 2022. "Prosociality predicts individual behavior and collective outcomes in the COVID-19 pandemic," Social Science & Medicine, Elsevier, vol. 308(C).
    40. Nicolas Berman & Mathieu Couttenier & Nathalie Monnet & Rohit Ticku, 2022. "Shutdown policies and conflict worldwide," Post-Print hal-03509846, HAL.
    41. Fernández-Villaverde, Jesús & Jones, Chad, 2020. "Macroeconomic Outcomes and COVID-19: A Progress Report," CEPR Discussion Papers 15393, C.E.P.R. Discussion Papers.
    42. Glover, Andrew & Heathcote, Jonathan & Krueger, Dirk, 2022. "Optimal age-Based vaccination and economic mitigation policies for the second phase of the covid-19 pandemic," Journal of Economic Dynamics and Control, Elsevier, vol. 140(C).
    43. Marcén, Miriam & Morales, Marina, 2020. "The intensity of COVID-19 Non-Pharmaceutical Interventions and labor market outcomes in the public sector," GLO Discussion Paper Series 637, Global Labor Organization (GLO).
    44. Eichenbaum, Martin S. & Rebelo, Sergio & Trabandt, Mathias, 2022. "The macroeconomics of testing and quarantining," Journal of Economic Dynamics and Control, Elsevier, vol. 138(C).
    45. Facundo Piguillem & Liyan Shi, 2022. "Optimal Covid-19 Quarantine and Testing Policies," The Economic Journal, Royal Economic Society, vol. 132(647), pages 2534-2562.
    46. Caulkins, J.P. & Grass, D. & Feichtinger, G. & Hartl, R.F. & Kort, P.M. & Kuhn, M. & Prskawetz, A. & Sanchez-Romero, M. & Seidl, A. & Wrzaczek, S., 2023. "The hammer and the jab: Are COVID-19 lockdowns and vaccinations complements or substitutes?," European Journal of Operational Research, Elsevier, vol. 311(1), pages 233-250.
    47. Goodkin-Gold, Matthew & Kremer, Michael & Snyder, Christopher M. & Williams, Heidi, 2022. "Optimal vaccine subsidies for endemic diseases," International Journal of Industrial Organization, Elsevier, vol. 84(C).
    48. Alexander Karaivanov, 2020. "A social network model of COVID-19," PLOS ONE, Public Library of Science, vol. 15(10), pages 1-33, October.
    49. Matteo Bizzarri & Fabrizio Panebianco & Paolo Pin, 2023. "Homophily and Infections: Static and Dynamic Effects," CSEF Working Papers 672, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    50. Carnehl, Christoph & Fukuda, Satoshi & Kos, Nenad, 2023. "Epidemics with behavior," Journal of Economic Theory, Elsevier, vol. 207(C).
    51. Tyler Atkinson & Jim Dolmas & Christoffer Koch & Evan F. Koenig & Karel Mertens & Anthony Murphy & Kei-Mu Yi, 2020. "Mobility and Engagement Following the SARS-Cov-2 Outbreak," Working Papers 2014, Federal Reserve Bank of Dallas.
    52. Francesco Flaviano Russo, 2023. "Epidemics and policy: the dismal trade-offs," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 40(2), pages 561-588, July.
    53. Born, Benjamin & Dietrich, Alexander & Müller, Gernot, 2020. "The lockdown effect: A counterfactual for Sweden," CEPR Discussion Papers 14744, C.E.P.R. Discussion Papers.
    54. Wenli Li & Tashiro Ryotaro & Solomon H. Tarlin, 2020. "Bankruptcy Filings in the Third District During COVID-19," Economic Insights, Federal Reserve Bank of Philadelphia, vol. 5(3), pages 15-22, September.
    55. Paul Ho & Thomas A. Lubik & Christian Matthes, 2020. "How To Go Viral: A COVID-19 Model with Endogenously Time-Varying Parameters," Working Paper 20-10, Federal Reserve Bank of Richmond.
    56. Kudlyak, Marianna & Faia, Ester & Shabalina, Ekaterina, 2021. "Dynamic Labor Reallocation with Heterogeneous Skills and Uninsured Idiosyncratic Risk," CEPR Discussion Papers 16008, C.E.P.R. Discussion Papers.
    57. Bencsik, Panka & Lusher, Lester & Taylor, Rebecca, 2021. "Slow Traffic, Fast Food," 2021 Annual Meeting, August 1-3, Austin, Texas 313856, Agricultural and Applied Economics Association.
    58. Phelan, Thomas & Toda, Alexis Akira, 2022. "Optimal epidemic control in equilibrium with imperfect testing and enforcement," Journal of Economic Theory, Elsevier, vol. 206(C).
    59. Laurent Miclo & Daniel Spiro & Jörgen Weibull, 2022. "Optimal epidemic suppression under an ICU constraint: an analytical solution," Post-Print hal-02563023, HAL.
    60. Eirik S. Amundsen, 2022. "Searching for a "Golden Rule" of Economic Regulation of an Infectious Disease," CESifo Working Paper Series 9607, CESifo.
    61. Kwan Ok Lee & Hyojung Lee, 2022. "Public responses to COVID‐19 case disclosure and their spatial implications," Journal of Regional Science, Wiley Blackwell, vol. 62(3), pages 732-756, June.
    62. Leland D. Crane & Ryan A. Decker & Aaron Flaaen & Adrian Hamins-Puertolas & Christopher J. Kurz, 2020. "Business Exit During the COVID-19 Pandemic: Non-Traditional Measures in Historical Context," Finance and Economics Discussion Series 2020-089r1, Board of Governors of the Federal Reserve System (U.S.), revised 15 Apr 2021.
    63. Houštecká, Anna & Koh, Dongya & Santaeulàlia-Llopis, Raül, 2021. "Contagion at work: Occupations, industries and human contact," Journal of Public Economics, Elsevier, vol. 200(C).
    64. Giagheddu, Marta & Papetti, Andrea, 2023. "The macroeconomics of age-varying epidemics," European Economic Review, Elsevier, vol. 151(C).
    65. Gottardi, Piero, 2022. "Comment on Optimal management of an epidemic: Lockdown, vaccine and value of life’," Journal of Economic Dynamics and Control, Elsevier, vol. 140(C).
    66. Ray, Debraj & Subramanian, S., 2020. "India’s Lockdown : An Interim Report," The Warwick Economics Research Paper Series (TWERPS) 1270, University of Warwick, Department of Economics.
    67. Edward L. Glaeser & Ginger Z. Jin & Benjamin T. Leyden & Michael Luca, 2021. "Learning from deregulation: The asymmetric impact of lockdown and reopening on risky behavior during COVID‐19," Journal of Regional Science, Wiley Blackwell, vol. 61(4), pages 696-709, September.
    68. Sumedha Gupta & Laura Montenovo & Thuy Nguyen & Felipe Lozano‐Rojas & Ian Schmutte & Kosali Simon & Bruce A. Weinberg & Coady Wing, 2023. "Effects of social distancing policy on labor market outcomes," Contemporary Economic Policy, Western Economic Association International, vol. 41(1), pages 166-193, January.
    69. Lorenzo Amir Nemati Fard & Michele Starnini & Michele Tizzoni, 2023. "Modeling adaptive forward-looking behavior in epidemics on networks," Papers 2301.04947, arXiv.org.
    70. Chen, Xiao & Huang, Hanwei & Ju, Jiandong & Sun, Ruoyan & Zhang, Jialiang, 2022. "Endogenous cross-region human mobility and pandemics," LSE Research Online Documents on Economics 117907, London School of Economics and Political Science, LSE Library.
    71. Cristina Arellano & Yan Bai & Gabriel Mihalache, 2021. "COVID-19 Vaccination and Financial Frictions," Staff Report 632, Federal Reserve Bank of Minneapolis.
    72. Rahul Deb & Mallesh Pai & Akhil Vohra & Rakesh Vohra, 2022. "Testing alone is insufficient," Review of Economic Design, Springer;Society for Economic Design, vol. 26(1), pages 1-21, March.
    73. Samuel, Faboyede, & Rachael, Ben- Agbo, & Opeyemi, Ajetunmobi, & Bolaji, Adejana,, 2020. "Evaluating The Efficacy Of Credit Risk Management On The Financial Performance Of Finance Companies In Nigeria," Journal of Forensic Accounting & Fraud Investigation (JFAFI), Association of Forensic Accounting Researchers (AFAR), vol. 5(1), pages 193-220, January -.
    74. Stephen C. Newbold & David Finnoff & Linda Thunström & Madison Ashworth & Jason F. Shogren, 2020. "Effects of Physical Distancing to Control COVID-19 on Public Health, the Economy, and the Environment," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 76(4), pages 705-729, August.
    75. Pollinger, Stefan, 2020. "Optimal Case Detection and Social Distancing Policies to Suppress COVID-19," TSE Working Papers 20-1109, Toulouse School of Economics (TSE).
    76. Shami, Labib & Lazebnik, Teddy, 2022. "Economic aspects of the detection of new strains in a multi-strain epidemiological–mathematical model," Chaos, Solitons & Fractals, Elsevier, vol. 165(P2).
    77. Daisuke Fujii & Taisuke Nakata, 2021. "Covid-19 and Output in Japan," CARF F-Series CARF-F-505, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    78. Gopal K. Basak & Chandramauli Chakraborty & Pranab Kumar Das, 2021. "Optimal Lockdown Strategy in a Pandemic: An Exploratory Analysis for Covid-19," Papers 2109.02512, arXiv.org.
    79. Cécile Aubert & Emmanuelle Augeraud-Véron, 2021. "The relative power of individual distancing efforts and public policies to curb the COVID-19 epidemics," PLOS ONE, Public Library of Science, vol. 16(5), pages 1-21, May.
    80. Saidi, Farzad & Alfaro, Laura & Faia, Ester & Lamersdorf, Nora, 2020. "Social Interactions in Pandemics: Fear, Altruism, and Reciprocity," CEPR Discussion Papers 14716, C.E.P.R. Discussion Papers.
    81. Perri, Fabrizio & Azzimonti, Marina & Fogli, Alessandra & Ponder, Mark, 2020. "Pandemic Control in ECON-EPI Networks," CEPR Discussion Papers 15229, C.E.P.R. Discussion Papers.
    82. Brotherhood, Luiz & Cavalcanti, Tiago & Da Mata, Daniel & Santos, Cezar, 2022. "Slums and pandemics," Journal of Development Economics, Elsevier, vol. 157(C).
    83. FUJII Daisuke & NAKATA Taisuke, 2021. "Covid-19 and Output in Japan," Discussion papers 21004, Research Institute of Economy, Trade and Industry (RIETI).
    84. Basu Parantap & Bell Clive & Edwards Terence Huw, 2022. "COVID Social Distancing and the Poor: An Analysis of the Evidence for England," The B.E. Journal of Macroeconomics, De Gruyter, vol. 22(1), pages 211-240, January.
    85. Krishna Dasaratha, 2020. "Virus Dynamics with Behavioral Responses," Papers 2004.14533, arXiv.org, revised Sep 2023.
    86. Mitman, Kurt & Hanley, Douglas & Bognanni, Mark & Kolliner, Daniel, 2020. "Economics and Epidemics: Evidence from an Estimated Spatial Econ-SIR Model," CEPR Discussion Papers 15310, C.E.P.R. Discussion Papers.
    87. Ruohao Zhang, 2022. "Economic impact payment, human mobility and COVID-19 mitigation in the USA," Empirical Economics, Springer, vol. 62(6), pages 3041-3060, June.
    88. Vincenzo Costa & Antonio Raviele, 2023. "Some Considerations on “Black Swan Theory†, COVID-19 and Involved Heuristics â€," Eurasian Journal of Social Sciences, Eurasian Publications, vol. 11(2), pages 47-58.
    89. Demirguc-Kunt,Asli & Lokshin,Michael M. & Torre,Ivan, 2020. "Opening-up Trajectories and Economic Recovery : Lessons after the First Wave of the COVID-19 Pandemic," Policy Research Working Paper Series 9480, The World Bank.
    90. Martin Forster & Emanuela Randon, 2020. "Epidemic policy under uncertainty and information," Discussion Papers 20/05, Department of Economics, University of York.
    91. Yasushi Iwamoto, 2021. "Welfare economics of managing an epidemic: an exposition," The Japanese Economic Review, Springer, vol. 72(4), pages 537-579, October.
    92. Shouyong Shi, 2023. "Knowledge, Germs and Output," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 48, pages 297-319, April.
    93. Jaqueline Hansen & Antonia Kamaliev & Hans-Jörg Schmerer, 2023. "The COVID-19 Pandemic and Chinese Trade Relations," Open Economies Review, Springer, vol. 34(3), pages 673-702, July.
    94. Bradley, Jake & Ruggieri, Alessandro & Spencer, Adam Hal, 2021. "Twin Peaks: Covid-19 and the labor market," European Economic Review, Elsevier, vol. 138(C).
    95. Helios Herrera & Maximilian Konradt & Guillermo Ordonez & Christoph Trebesch, 2020. "Corona Politics:The cost of mismanaging pandemics," PIER Working Paper Archive 20-033, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    96. Alemán, Christian & Busch, Christopher & Ludwig, Alexander & Santaeulàlia-Llopis, Raül, 2020. "Evaluating the effectiveness of policies against a pandemic," ZEW Discussion Papers 20-068, ZEW - Leibniz Centre for European Economic Research.
    97. David O. Argente & Chang-Tai Hsieh & Munseob Lee, 2020. "The Cost of Privacy: Welfare Effects of the Disclosure of COVID-19 Cases," NBER Working Papers 27220, National Bureau of Economic Research, Inc.
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    221. Paul Levine & Neil Rickman, 2021. "Optimal Lockdown in an Epidemiological-Macroeconomic Model," School of Economics Discussion Papers 0421, School of Economics, University of Surrey.
    222. Christian Moser & Pierre Yared, 2021. "Online Appendix to "Pandemic Lockdown: The Role of Government Commitment"," Online Appendices 20-442, Review of Economic Dynamics.
    223. Léa BOU SLEIMAN & Germain GAUTHIER, 2020. "COVID-19: Reduced forms have gone viral, but what do they tell us?," Working Papers 2020-32, Center for Research in Economics and Statistics, revised 18 Jan 2021.
    224. Omosefe Oyekanmi, 2021. "COVID-19 and Good Governance in Nigeria: Lessons from Europe and Asia," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 5(07), pages 114-119, July.
    225. Terrence Iverson & Larry Karp & Alessandro Peri, 2022. "Optimal social distancing and the economics of uncertain vaccine arrival," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 24(5), pages 1071-1100, October.
    226. Thomas Ash & Antonio M. Bento & Daniel Kaffine & Akhil Rao & Ana I. Bento, 2022. "Disease-economy trade-offs under alternative epidemic control strategies," Nature Communications, Nature, vol. 13(1), pages 1-14, December.

  4. Katarína Borovičková & Robert Shimer, 2017. "High Wage Workers Work for High Wage Firms," NBER Working Papers 24074, National Bureau of Economic Research, Inc.

    Cited by:

    1. Jae Song & David J. Price & Fatih Guvenen & Nicholas Bloom & Till von Wachter, 2015. "Firming Up Inequality," NBER Working Papers 21199, National Bureau of Economic Research, Inc.
    2. David Berger & Kyle Herkenhoff & Simon Mongey, 2022. "Labor Market Power," American Economic Review, American Economic Association, vol. 112(4), pages 1147-1193, April.
    3. Daniel Schaefer & Carl Singleton, 2017. "Recent changes in British wage inequality: Evidence from firms and occupations," Edinburgh School of Economics Discussion Paper Series 277, Edinburgh School of Economics, University of Edinburgh.
    4. Rasmus Lentz & Jean Marc Robin & Suphanit Piyapromdee, 2018. "On Worker and Firm Heterogeneity in Wages and Employment Mobility: Evidence from Danish Register Data," 2018 Meeting Papers 469, Society for Economic Dynamics.
    5. Thibaut Lamadon & Bradley Setzler & Magne Mogstad, 2019. "Imperfect Competition, Compensating Differentials and Rent Sharing in the U.S. Labor Market," 2019 Meeting Papers 1583, Society for Economic Dynamics.
    6. Criscuolo, Chiara & Hijzen, Alexander & Schwellnus, Cyrille & Barth, Erling & Chen, Wen-Hao & Fabling, Richard & Fialho, Priscilla & Grabska, Katarzyna & Kambayashi, Ryo & Leidecker, Timo & Nordström , 2020. "Workforce Composition, Productivity and Pay: The Role of Firms in Wage Inequality," IZA Discussion Papers 13212, Institute of Labor Economics (IZA).
    7. Alastair Langtry, 2022. "Keeping up with "The Joneses": reference dependent choice with social comparisons," Papers 2203.10305, arXiv.org, revised Aug 2022.
    8. Patrick Kline & Raffaele Saggio & Mikkel S{o}lvsten, 2018. "Leave-out estimation of variance components," Papers 1806.01494, arXiv.org, revised Aug 2019.
    9. Katarína Borovičková, 2023. "Comment on "An Anatomy of Monopsony: Search Frictions, Amenities and Bargaining in Concentrated Markets" 2," NBER Chapters, in: NBER Macroeconomics Annual 2023, volume 38, National Bureau of Economic Research, Inc.
    10. Lochner, Benjamin & Schulz, Bastian, 2020. "Firm productivity, wages, and sorting," IAB-Discussion Paper 202004, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    11. Lochner, Benjamin & Seth, Stefan & Wolter, Stefanie, 2020. "Decomposing the large firm wage premium in Germany," IAB-Discussion Paper 202010, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    12. Bonhomme, Stéphane & Holzheu, Kerstin & Lamadon, Thibaut & Manresa, Elena & Mogstad, Magne & Setzler, Bradley, 2021. "How much should we trust estimates of firm effcts and worker sorting?," Working Paper Series 2021:20, IFAU - Institute for Evaluation of Labour Market and Education Policy.
    13. Hennig, Jan-Luca & Stadler, Balazs, 2021. "Firm-specific pay premiums and the gender wage gap in 21 European countries," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242354, Verein für Socialpolitik / German Economic Association.
    14. Simon Jäger & Benjamin Schoefer & Samuel Young & Josef Zweimüller, 2018. "Wages and the value of nonemployment," ECON - Working Papers 313, Department of Economics - University of Zurich.
    15. Torres, Sónia & Portugal, Pedro & Addison, John T. & Guimarães, Paulo, 2018. "The sources of wage variation and the direction of assortative matching: Evidence from a three-way high-dimensional fixed effects regression model," Labour Economics, Elsevier, vol. 54(C), pages 47-60.
    16. Gorn, A., 2019. "The Role of Headhunters in Wage Inequality: It's All about Matching," Cambridge Working Papers in Economics 1926, Faculty of Economics, University of Cambridge.
    17. Jason Sockin, 2022. "Show Me the Amenity: Are Higher-Paying Firms Better All Around?," CESifo Working Paper Series 9842, CESifo.
    18. Galina Besstremyannaya & Sergei Golovan, 2022. "Instrumental Variable Quantile Regression For Clustered Data," HSE Working papers WP BRP 255/EC/2022, National Research University Higher School of Economics.
    19. Daniel Schaefer & Carl Singleton, 2020. "Recent Changes in British Wage Inequality: Evidence from Large Firms and Occupations," Scottish Journal of Political Economy, Scottish Economic Society, vol. 67(1), pages 100-125, February.
    20. Elías Albagli & Mario Canales & Chad Syverson & Matías Tapia & Juan Wlasiuk, 2020. "Productivity Gaps and Job Flows: Evidence from Censal Microdata," Working Papers Central Bank of Chile 895, Central Bank of Chile.
    21. Annaïg Morin, 2023. "Workplace heterogeneity and wage inequality in Denmark," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 38(1), pages 123-133, January.

  5. Maryam Farboodi & Gregor Jarosch & Robert Shimer, 2017. "The Emergence of Market Structure," NBER Working Papers 23234, National Bureau of Economic Research, Inc.

    Cited by:

    1. Erol, Selman & Vohra, Rakesh, 2022. "Network formation and systemic risk," European Economic Review, Elsevier, vol. 148(C).
    2. Jerome Dugast & Pierre-Olivier Weill & Semih Uslu, 2018. "Platform Trading with an OTC Market Fringe," 2018 Meeting Papers 1002, Society for Economic Dynamics.
    3. Zachary Bethune & Bruno Sultanum & Nicholas Trachter, 2019. "Asset Issuance in Over-the-Counter Markets," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 33, pages 4-29, July.
    4. Zachary Bethune & Bruno Sultanum & Nicholas Trachter, 2019. "An Information-based Theory of Financial Intermediation," 2019 Meeting Papers 403, Society for Economic Dynamics.
    5. Gabrovski, Miroslav & Kospentaris, Ioannis, 2021. "Intermediation in over-the-counter markets with price transparency," Journal of Economic Theory, Elsevier, vol. 198(C).
    6. Foucault, Thierry & Colliard, Jean-Edouard & Hoffmann, Peter, 2018. "Inventory Management, Dealers' Connections, and Prices in OTC Markets," CEPR Discussion Papers 13093, C.E.P.R. Discussion Papers.
    7. Swaminathan Balasubramaniam & Armando Gomes & SangMok Lee, 2019. "Mergers and Acquisitions with Private Equity Intermediation," 2019 Meeting Papers 1121, Society for Economic Dynamics.
    8. Schultz, Paul & Song, Zhaogang, 2019. "Transparency and dealer networks: Evidence from the initiation of post-trade reporting in the mortgage backed security market," Journal of Financial Economics, Elsevier, vol. 133(1), pages 113-133.

  6. Robert Shimer & Gregor Jarosch & Maryam Farboodi, 2016. "Meeting Technologies in Decentralized Asset Markets," 2016 Meeting Papers 844, Society for Economic Dynamics.

    Cited by:

    1. Artem Neklyudov, 2019. "Bid-Ask Spreads and the Over-the-Counter Interdealer Markets: Core and Peripheral Dealers," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 33, pages 57-84, July.
    2. Maryam Farboodi & Gregor Jarosch & Guido Menzio, 2016. "Intermediation as Rent Extraction," PIER Working Paper Archive 16-026, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Dec 2016.
    3. Semih Üslü, 2019. "Pricing and Liquidity in Decentralized Asset Markets," Econometrica, Econometric Society, vol. 87(6), pages 2079-2140, November.

  7. Fernando E. Alvarez & Katarína Borovičková & Robert Shimer, 2016. "Decomposing Duration Dependence in a Stopping Time Model," NBER Working Papers 22188, National Bureau of Economic Research, Inc.

    Cited by:

    1. Güell, Maia & Lafuente, Cristina, 2022. "Revisiting the determinants of unemployment duration: Variance decomposition à la ABS in Spain," Labour Economics, Elsevier, vol. 78(C).
    2. Ruixuan Liu, 2020. "A competing risks model with time‐varying heterogeneity and simultaneous failure," Quantitative Economics, Econometric Society, vol. 11(2), pages 535-577, May.
    3. Schmidpeter, Bernhard & Winter-Ebmer, Rudolf, 2021. "Automation, unemployment, and the role of labor market training," European Economic Review, Elsevier, vol. 137(C).
    4. Marianna Kudlyak & Andreas Hornstein, 2017. "Estimating Matching Efficiency with Variable Search Effort," 2017 Meeting Papers 881, Society for Economic Dynamics.
    5. Carl Singleton, 2018. "Long‐Term Unemployment and the Great Recession: Evidence from UK Stocks and Flows," Scottish Journal of Political Economy, Scottish Economic Society, vol. 65(2), pages 105-126, May.
    6. Elisa Guglielminetti & Rafael Lalive & Philippe Ruh & Etienne Wasmer, 2019. "Home Sweet Home? Job Search with Commuting and Unemployment Insurance," Working Papers hal-03950253, HAL.
    7. Arne F. Lyshol & Plamen T. Nenov & Thea Wevelstad, 2021. "Duration Dependence and Labor Market Experience," LABOUR, CEIS, vol. 35(1), pages 105-134, March.
    8. Ioannis Kospentaris, 2020. "Online Appendix to "Unobserved Heterogeneity and Skill Loss in a Structural Model of Duration Dependence"," Online Appendices 19-483, Review of Economic Dynamics.
    9. Mr. Ippei Shibata, 2019. "Labor Market Dynamics: A Hidden Markov Approach," IMF Working Papers 2019/282, International Monetary Fund.
    10. Güell, Maia & Lafuente, Cristina, 2019. "Unemployment Duration Variance Decomposition a la ABS: Evidence from Spain," CEPR Discussion Papers 13610, C.E.P.R. Discussion Papers.
    11. Escanciano, Juan Carlos, 2023. "Irregular identification of structural models with nonparametric unobserved heterogeneity," Journal of Econometrics, Elsevier, vol. 234(1), pages 106-127.
    12. Div Bhagia, 2023. "Duration Dependence and Heterogeneity: Learning from Early Notice of Layoff," Papers 2305.17344, arXiv.org.

  8. Robert Shimer & Katarina Borovickova & Fernando Alvarez, 2015. "The Proportional Hazard Model: Estimation and Testing using Price Change and Labor Market Data," 2015 Meeting Papers 1364, Society for Economic Dynamics.

    Cited by:

    1. Robert Shimer & Katarina Borovickova & Fernando Alvarez, 2015. "The Accelerated Failure Time Model: Estimation and Testing using Price Change and Labor Market Data," 2015 Meeting Papers 1434, Society for Economic Dynamics.
    2. Hie Joo Ahn, 2023. "The role of observed and unobserved heterogeneity in the duration of unemployment," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 38(1), pages 3-23, January.
    3. Isaac Baley & J. Andrés Blanco, 2016. "Menu costs, uncertainty cycles, and the propagation of nominal shocks," Economics Working Papers 1532, Department of Economics and Business, Universitat Pompeu Fabra.
    4. David Argente & Munseob Lee & Sara Moreira, 2018. "How do Firms Grow? The Life Cycle of Products Matters," 2018 Meeting Papers 1174, Society for Economic Dynamics.

  9. Robert Shimer & Iván Werning, 2015. "Efficiency and Information Transmission in Bilateral Trading," NBER Working Papers 21495, National Bureau of Economic Research, Inc.

    Cited by:

    1. Du, Songzi & Zhu, Haoxiang, 2017. "Bilateral trading in divisible double auctions," Journal of Economic Theory, Elsevier, vol. 167(C), pages 285-311.
    2. Benjamin Lester & Pierre-Olivier Weill & Ariel Zetlin-Jones, 2019. "RED Special Issue on Fragmented Financial Markets: An Introduction," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 33, pages 1-3, July.

  10. Robert Shimer, 2013. "Private Information and the Mortgage Market: Evidence and a Theory of Crises," Working Papers Central Bank of Chile 716, Central Bank of Chile.

    Cited by:

    1. Salomón García, 2022. "Mortgage securitization and information frictions in general equilibrium," Working Papers 2221, Banco de España.
    2. Robert Hall, 2014. "Trade With Asymmetric Information," Working Papers Central Bank of Chile 739, Central Bank of Chile.

  11. Robert Shimer & Veronica Guerrieri, 2013. "Markets with Multidimensional Private Information," 2013 Meeting Papers 210, Society for Economic Dynamics.

    Cited by:

    1. Andrea Attar & Thomas Mariotti & François Salanié, 2021. "Entry-proofness and discriminatory pricing under adverse selection," Post-Print hal-03353054, HAL.
    2. Benjamin Lester & Guillaume Rocheteau & Pierre-Olivier Weill, 2015. "Competing for Order Flow in OTC Markets," Post-Print hal-04149211, HAL.
    3. Zhifeng Cai & Feng Dong, 2021. "A Model of Secular Migration from Centralized to Decentralized Trade," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 72(1), pages 201-244, July.
    4. Wang, Zijian, 2020. "Liquidity and private information in asset markets: To signal or not to signal," Journal of Economic Theory, Elsevier, vol. 190(C).
    5. Zachary Bethune & Bruno Sultanum & Nicholas Trachter, 2019. "An Information-based Theory of Financial Intermediation," 2019 Meeting Papers 403, Society for Economic Dynamics.
    6. Davoodalhosseini, Seyed Mohammadreza, 2022. "Optimal taxation in asset markets with adverse selection," European Economic Review, Elsevier, vol. 147(C).
    7. Daeyoung Jeong, 2019. "Job market signaling with imperfect competition among employers," International Journal of Game Theory, Springer;Game Theory Society, vol. 48(4), pages 1139-1167, December.
    8. Edmans, Alex & Mann, William, 2013. "Financing Through Asset Sales," CEPR Discussion Papers 9720, C.E.P.R. Discussion Papers.
    9. Merrill, Craig B. & Nadauld, Taylor D. & Stulz, René M. & Sherlun, Shane M., 2021. "Were there fire sales in the RMBS market?," Journal of Monetary Economics, Elsevier, vol. 122(C), pages 17-37.
    10. Weill, Pierre-Olivier, 2020. "The search theory of OTC markets," CEPR Discussion Papers 14847, C.E.P.R. Discussion Papers.
    11. Anton A. Cheremukhin & Paulina Restrepo-Echavarria & Antonella Tutino, 2014. "A theory of targeted search," Working Papers 1402, Federal Reserve Bank of Dallas.
    12. Gabrovski, Miroslav & Kospentaris, Ioannis, 2021. "Intermediation in over-the-counter markets with price transparency," Journal of Economic Theory, Elsevier, vol. 198(C).
    13. Wang, Zijian, 2019. "Trading Motives in Asset Markets," MPRA Paper 91401, University Library of Munich, Germany.
    14. Ronald Wolthoff, 2014. "Applications and Interviews: Firms' Recruiting Decisions in a Frictional Labor Market," Working Papers tecipa-522, University of Toronto, Department of Economics.
    15. Ordoñez, Guillermo & Perez-Reyna, David & Yogo, Motohiro, 2019. "Leverage dynamics and credit quality," Journal of Economic Theory, Elsevier, vol. 183(C), pages 183-212.
    16. Matt Darst & Ehraz Refayet, 2019. "Mixed Signals: Investment Distortions with Adverse Selection," Finance and Economics Discussion Series 2019-044, Board of Governors of the Federal Reserve System (U.S.).
    17. James B. Davies & Samantha L. Black, 2020. "Distributional Effects of Flooding, with an Application to a Major Urban Area," University of Western Ontario, Departmental Research Report Series 20201, University of Western Ontario, Department of Economics.
    18. Zijian Wang, 2019. "Trading Motives in Asset Markets," University of Western Ontario, Departmental Research Report Series 20191, University of Western Ontario, Department of Economics.

  12. Veronica Guerrieri & Robert Shimer, 2012. "Dynamic Adverse Selection: A Theory of Illiquidity, Fire Sales, and Flight to Quality," NBER Working Papers 17876, National Bureau of Economic Research, Inc.

    Cited by:

    1. Terrence Hendershott & Dan Li & Dmitry Livdan & Norman Schürhoff, 2017. "Relationship Trading in OTC Markets," Swiss Finance Institute Research Paper Series 17-30, Swiss Finance Institute.
    2. Robert Shimer & Veronica Guerrieri, 2013. "Markets with Multidimensional Private Information," 2013 Meeting Papers 210, Society for Economic Dynamics.
    3. Shouyong Shi, 2013. "Customer Relationship and Sales," 2013 Meeting Papers 88, Society for Economic Dynamics.
    4. Salomón García, 2022. "Mortgage securitization and information frictions in general equilibrium," Working Papers 2221, Banco de España.
    5. Taneli Mäkinen & Francesco Palazzo, 2017. "The double bind of asymmetric information in over-the-counter markets," Temi di discussione (Economic working papers) 1128, Bank of Italy, Economic Research and International Relations Area.
    6. Alex Citanna & Paolo Siconolfi, 2022. "An incentive efficient market for mechanisms in large Akerlof economies," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(1), pages 1-54, February.
    7. Sebastian Edwards & Francis A. Longstaff & Alvaro Garcia Marin, 2015. "The U.S. Debt Restructuring of 1933: Consequences and Lessons," NBER Working Papers 21694, National Bureau of Economic Research, Inc.
    8. Pablo Ottonello, 2015. "Capital Unemployment, Financial Shocks, and Investment Slumps," 2015 Meeting Papers 1153, Society for Economic Dynamics.
    9. Schneider, Mark & Stephenson, Daniel Graydon, 2021. "Bargains, price signaling, and efficiency in markets with asymmetric information," Games and Economic Behavior, Elsevier, vol. 128(C), pages 160-181.
    10. Seyed Mohammadreza Davoodalhosseini, 2020. "Adverse Selection With Heterogeneously Informed Agents," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 61(3), pages 1307-1358, August.
    11. Radde, Sören & Cui, Wei, 2016. "Search-based endogenous asset liquidity and the macroeconomy," Working Paper Series 1917, European Central Bank.
    12. Benjamin Lester & Guillaume Rocheteau & Pierre-Olivier Weill, 2015. "Competing for Order Flow in OTC Markets," Post-Print hal-04149211, HAL.
    13. Zhou, Jing, 2022. "Collateral quality and house prices," Journal of Economic Dynamics and Control, Elsevier, vol. 145(C).
    14. Zhifeng Cai & Feng Dong, 2021. "A Model of Secular Migration from Centralized to Decentralized Trade," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 72(1), pages 201-244, July.
    15. David Rappoport & Alexandros Vardoulakis & David Arseneau, 2015. "Secondary Market Liquidity and the Optimal Capital Structure," 2015 Meeting Papers 1274, Society for Economic Dynamics.
    16. Christophe Pérignon & David Thesmar & Guillaume Vuillemey, 2018. "Wholesale Funding Dry‐Ups," Journal of Finance, American Finance Association, vol. 73(2), pages 575-617, April.
    17. William Fuchs & Andrzej Skrzypacz, 2019. "Costs and benefits of dynamic trading in a lemons market," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 33, pages 105-127, July.
    18. Richard Lowery & Tim Landvoigt, 2016. "Financial Industry Dynamics," 2016 Meeting Papers 1248, Society for Economic Dynamics.
    19. Wang, Zijian, 2020. "Liquidity and private information in asset markets: To signal or not to signal," Journal of Economic Theory, Elsevier, vol. 190(C).
    20. Pablo Kurlat & Florian Scheuer, 2017. "Signaling to Experts," CESifo Working Paper Series 6655, CESifo.
    21. Spiros Bougheas & Adam Hal Spencer, 2022. "Fire sales and ex ante valuation of systemic risk: A financial equilibrium networks approach," Discussion Papers 2022/04, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
    22. Mariya Gubareva & Maria Rosa Borges, 2016. "Typology for flight-to-quality episodes and downside risk measurement," Applied Economics, Taylor & Francis Journals, vol. 48(10), pages 835-853, February.
    23. Ben Lester & Braz Camargo, 2011. "Trading Dynamics in Decentralized Markets with Adverse Selection," 2011 Meeting Papers 1300, Society for Economic Dynamics.
    24. Mr. Ehsan Ebrahimy, 2019. "Fire Sales in Frozen Markets," IMF Working Papers 2019/092, International Monetary Fund.
    25. Zachary Bethune & Bruno Sultanum & Nicholas Trachter, 2019. "An Information-based Theory of Financial Intermediation," 2019 Meeting Papers 403, Society for Economic Dynamics.
    26. Li, Qi, 2022. "Security design without verifiable retention," Journal of Economic Theory, Elsevier, vol. 200(C).
    27. Davoodalhosseini, Seyed Mohammadreza, 2022. "Optimal taxation in asset markets with adverse selection," European Economic Review, Elsevier, vol. 147(C).
    28. Yiting Li & Guillaume Rocheteau & Pierre-Olivier Weill, 2012. "Liquidity and the Threat of Fraudulent Assets," Journal of Political Economy, University of Chicago Press, vol. 120(5), pages 000.
    29. Vladimir Asriyan & William Fuchs & Brett Green, 2017. "Aggregation and design of information in asset markets with adverse selection," Economics Working Papers 1573, Department of Economics and Business, Universitat Pompeu Fabra, revised Feb 2019.
    30. Marco Bassetto & Wei Cui, 2021. "A Ramsey Theory of Financial Distortions," Discussion Papers 2107, Centre for Macroeconomics (CFM).
    31. Berentsen, Aleksander & McBride, Michael & Rocheteau, Guillaume, 2017. "Limelight on dark markets: Theory and experimental evidence on liquidity and information," Journal of Economic Dynamics and Control, Elsevier, vol. 75(C), pages 70-90.
    32. Anastasios Dosis, 2018. "On Signalling and Screening in Markets with Asymmetric Information," Post-Print hal-02980534, HAL.
    33. Hwang, Ilwoo, 2018. "Dynamic trading with developing adverse selection," Journal of Economic Theory, Elsevier, vol. 176(C), pages 761-802.
    34. Florian Madison, 2017. "Frictional asset reallocation under adverse selection," ECON - Working Papers 261, Department of Economics - University of Zurich, revised Jan 2018.
    35. Sergey Kovbasyuk & Giancarlo Spagnolo, 2021. "Memory And Markets," Working Papers w0284, New Economic School (NES).
    36. Kim, Jinhwan & Valentine, Kristen, 2023. "Public firm disclosures and the market for innovation," Journal of Accounting and Economics, Elsevier, vol. 76(1).
    37. Bo Becker & Marieke Bos & Kasper Roszbach, 2020. "Bad Times, Good Credit," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 52(S1), pages 107-142, October.
    38. Robert Shimer & Ivan Werning, 2019. "Efficiency and information transmission in bilateral trading," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 33, pages 154-176, July.
    39. Yu (Sonja) Chen & Matthew Doyle & Francisco M. Gonzalez, "undated". "Mismatch as choice," Working Papers 2017-04, Department of Economics, University of Calgary, revised 15 May 2017.
      • Francisco M. Gonzalez & Yu Chen & Matthew Doyle, 2017. "Mismatch As Choice," Working Papers 1702, University of Waterloo, Department of Economics, revised May 2017.
    40. Saki Bigio & Liyan Shi, 2020. "Repurchase Options in the Market for Lemons," NBER Working Papers 27732, National Bureau of Economic Research, Inc.
    41. Lam, Wing Tung, 2020. "Inefficient sorting under output sharing," Journal of Economic Theory, Elsevier, vol. 187(C).
    42. Weill, Pierre-Olivier, 2020. "The search theory of OTC markets," CEPR Discussion Papers 14847, C.E.P.R. Discussion Papers.
    43. Feng Dong & Jianjun Miao & Pengfei Wang, 2018. "The perils of credit booms," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 66(4), pages 819-861, December.
    44. Kim, Kyungmin, 2017. "Information about sellers' past behavior in the market for lemons," Journal of Economic Theory, Elsevier, vol. 169(C), pages 365-399.
    45. Fuchs, William & Green, Brett & Papanikolaou, Dimitris, 2016. "Adverse selection, slow-moving capital, and misallocation," Journal of Financial Economics, Elsevier, vol. 120(2), pages 286-308.
    46. Benhabib, Jess & Dong, Feng & Wang, Pengfei, 2018. "Adverse selection and self-fulfilling business cycles," Journal of Monetary Economics, Elsevier, vol. 94(C), pages 114-130.
    47. Vincent Maurin, 2022. "Liquidity Fluctuations in Over‐the‐Counter Markets," Journal of Finance, American Finance Association, vol. 77(2), pages 1325-1369, April.
    48. Alvarez, Fernando & Barlevy, Gadi, 2021. "Mandatory disclosure and financial contagion," Journal of Economic Theory, Elsevier, vol. 194(C).
    49. Liu, Xufeng & Wan, Die, 2022. "Asymmetric positive feedback trading and stock pricing in China," The North American Journal of Economics and Finance, Elsevier, vol. 60(C).
    50. Jun Aoyagi & Daisuke Adachi, 2018. "Economic Implications of Blockchain Platforms," Papers 1802.10117, arXiv.org, revised Oct 2018.
    51. Andrew G. Atkeson & Andrea L. Eisfeldt & Pierre‐Olivier Weill, 2015. "Entry and Exit in OTC Derivatives Markets," Econometrica, Econometric Society, vol. 83, pages 2231-2292, November.
    52. Yu Chen & Matthew Doyle & Francisco Gonzalez, 2019. "Bad Jobs," Working Papers 1902, University of Waterloo, Department of Economics, revised Jan 2019.
    53. Michael J. Fishman & Jonathan A. Parker, 2015. "Valuation, Adverse Selection, and Market Collapses," The Review of Financial Studies, Society for Financial Studies, vol. 28(9), pages 2575-2607.
    54. Gabrovski, Miroslav & Kospentaris, Ioannis, 2021. "Intermediation in over-the-counter markets with price transparency," Journal of Economic Theory, Elsevier, vol. 198(C).
    55. Yadav, Jayant, 2020. "Flight to Safety in Business cycles," MPRA Paper 104093, University Library of Munich, Germany.
    56. Benjamin Lester & Ali Shourideh & Venky Venkateswaran & Ariel Zetlin-Jones, 2018. "Market-making with Search and Information Frictions," Working Papers 18-20, Federal Reserve Bank of Philadelphia.
    57. Kakhbod, Ali & Song, Fei, 2020. "Dynamic price discovery: Transparency vs. information design," Games and Economic Behavior, Elsevier, vol. 122(C), pages 203-232.
    58. Palazzo, Francesco, 2017. "Search costs and the severity of adverse selection," Research in Economics, Elsevier, vol. 71(1), pages 171-197.
    59. Antonio Rodriguez‐Lopez, 2021. "Liquidity and the International Allocation of Economic Activity," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 62(2), pages 789-830, May.
    60. Gary Biglaiser & Fei Li & Charles Murry & Yiyi Zhou, 2020. "Intermediaries and product quality in used car markets," RAND Journal of Economics, RAND Corporation, vol. 51(3), pages 905-933, September.
    61. Wang, Zijian, 2019. "Trading Motives in Asset Markets," MPRA Paper 91401, University Library of Munich, Germany.
    62. Helen Hui Huang & Yanjie Wang & Shunming Zhang, 2023. "Asset allocation, limited participation and flight‐to‐quality under ambiguity of correlation," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(4), pages 4604-4626, October.
    63. S. Mohammad R. Davoodalhosseini, 2014. "Constrained Efficiency with Search and Information Frictions," 2014 Papers pda658, Job Market Papers.
    64. Eric Stephens & James R. Thompson, 2016. "Information Asymmetry and Risk Transfer Markets," Carleton Economic Papers 16-04, Carleton University, Department of Economics.
    65. Zhang, Shengxing, 2018. "Liquidity misallocation in an over-the-counter market," LSE Research Online Documents on Economics 86800, London School of Economics and Political Science, LSE Library.
    66. Anton Tsoy, 2016. "Liquidity and Prices in Decentralized Markets with Almost Public Information," 2016 Meeting Papers 8, Society for Economic Dynamics.
    67. Mohammad Davoodalhosseini, 2017. "Constrained Efficiency with Adverse Selection and Directed Search," Staff Working Papers 17-15, Bank of Canada.
    68. Asano, Koji, 2018. "Ignorant Experts and Financial Fragility," MPRA Paper 90830, University Library of Munich, Germany.
    69. Ordoñez, Guillermo & Perez-Reyna, David & Yogo, Motohiro, 2019. "Leverage dynamics and credit quality," Journal of Economic Theory, Elsevier, vol. 183(C), pages 183-212.
    70. Christian Holzner & Felix Ehrenfried, 2017. "Dynamics and Endogeneity of Firms' Recruitment Behavior," 2017 Meeting Papers 1034, Society for Economic Dynamics.
    71. Wan, Xiaoyuan, 2020. "The impact of short-selling and margin-buying on liquidity: Evidence from the Chinese stock market," Journal of Empirical Finance, Elsevier, vol. 55(C), pages 104-118.
    72. Martel, Jordan, 2018. "Quality, price, and time-on-market," Economics Letters, Elsevier, vol. 171(C), pages 97-101.
    73. Choi, Michael, 2018. "Imperfect information transmission and adverse selection in asset markets," Journal of Economic Theory, Elsevier, vol. 176(C), pages 619-649.
    74. Elton Dusha & Alexandre Janiak, 2018. "On the dynamics of asset prices and liquidity: the role of search frictions and idiosyncratic shocks," 2018 Meeting Papers 524, Society for Economic Dynamics.
    75. Juan Carlos Hatchondo & Per Krusell & Martin Schneider, 2014. "Asset Trading and Valuation with Uncertain Exposure," Working Paper 14-5, Federal Reserve Bank of Richmond.
    76. Ayça Kaya & Kyungmin Kim, 2018. "Trading Dynamics with Private Buyer Signals in the Market for Lemons," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 85(4), pages 2318-2352.
    77. Matt Darst & Ehraz Refayet, 2019. "Mixed Signals: Investment Distortions with Adverse Selection," Finance and Economics Discussion Series 2019-044, Board of Governors of the Federal Reserve System (U.S.).
    78. Barsanetti, Bruno & Camargo, Braz, 2022. "Signaling in dynamic markets with adverse selection," Journal of Economic Theory, Elsevier, vol. 206(C).
    79. Rocheteau, Guillaume & Rodriguez-Lopez, Antonio, 2014. "Liquidity provision, interest rates, and unemployment," Journal of Monetary Economics, Elsevier, vol. 65(C), pages 80-101.
    80. Chen, Yu & Doyle, Matthew & Gonzalez, Francisco M., 2024. "Wages as signals of worker mobility," Theoretical Economics, Econometric Society, vol. 19(1), January.
    81. Pavan, Alessandro & Vives, Xavier, 2015. "Information, Coordination, and Market Frictions: An Introduction," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 407-426.
    82. Haoxiang Zhu, 2014. "Do Dark Pools Harm Price Discovery?," The Review of Financial Studies, Society for Financial Studies, vol. 27(3), pages 747-789.
    83. Fukui, Masao, 2018. "Asset Quality Cycles," Journal of Monetary Economics, Elsevier, vol. 95(C), pages 97-108.
    84. Vincent Maurin, 2016. "Liquidity Fluctuations in Over the Counter Markets," 2016 Meeting Papers 218, Society for Economic Dynamics.
    85. Trevor Serrao & Luca Benzoni & Marco Bassetto, 2017. "The Interplay Between Financial Conditions and Monetary Policy Shocks," 2017 Meeting Papers 1124, Society for Economic Dynamics.
    86. Bental, Benjamin & Demougin, Dominique, 2016. "Privatizing profits and socializing losses with smoothly operating capital markets," European Journal of Political Economy, Elsevier, vol. 44(C), pages 179-194.
    87. Huang, Qiubin & de Haan, Jakob & Scholtens, Bert, 2020. "Does bank capitalization matter for bank stock returns?," The North American Journal of Economics and Finance, Elsevier, vol. 52(C).
    88. Halket, Jonathan & Pignatti Morano di Custoza, Matteo, 2015. "Homeownership and the scarcity of rentals," Journal of Monetary Economics, Elsevier, vol. 76(C), pages 107-123.

  13. Robert Shimer & Veronica Guerrieri, 2011. "Competitive Equilibrium in Asset Markets with Adverse Selection," 2011 Meeting Papers 565, Society for Economic Dynamics.

    Cited by:

    1. Braz Camargo & Kyungmin (Teddy) Kim & Benjamin Lester, 2013. "Subsidizing price discovery," Working Papers 13-20, Federal Reserve Bank of Philadelphia.
    2. Jonathan Chiu & Thorsten V. Koeppl, 2016. "Trading Dynamics with Adverse Selection and Search: Market Freeze, Intervention and Recovery," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 83(3), pages 969-1000.

  14. Richard Rogerson & Robert Shimer, 2010. "Search in Macroeconomic Models of the Labor Market," NBER Working Papers 15901, National Bureau of Economic Research, Inc.

    Cited by:

    1. Chassamboulli, Andri, 2013. "Labor-market volatility in a matching model with worker heterogeneity and endogenous separations," Labour Economics, Elsevier, vol. 24(C), pages 217-229.
    2. Brenzel, Hanna & Gartner, Hermann & Schnabel, Claus, 2013. "Wage posting or wage bargaining? Evidence from the employers' side," Discussion Papers 85, Friedrich-Alexander University Erlangen-Nuremberg, Chair of Labour and Regional Economics.
    3. Dustmann, Christian & Schonberg, Uta & Stuhler, Jan, 2016. "Labor Supply Shocks, Native Wages, and the Adjustment of Local Employment," CEPR Discussion Papers 11436, C.E.P.R. Discussion Papers.
    4. Yashiv, Eran, 2011. "The Joint Behavior of Hiring and Investment," CEPR Discussion Papers 8237, C.E.P.R. Discussion Papers.
    5. Ponomareva, Natalia & Sheen, Jeffrey, 2013. "Australian labor market dynamics across the ages," Economic Modelling, Elsevier, vol. 35(C), pages 453-463.
    6. Francisco Gallego & José Tessada, 2010. "Sudden Stops, Financial Frictions, and Labor Market Flows: Evidence from Latin America," Working Papers ClioLab 10, EH Clio Lab. Instituto de Economía. Pontificia Universidad Católica de Chile.
    7. Salvador Navarro & Jin Zhou, 2017. "Identifying Agent's Information Sets: an Application to a Lifecycle Model of Schooling, Consumption, and Labor Supply," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 25, pages 58-92, April.
    8. Nicolas Petrosky-Nadeau & Etienne Wasmer, 2015. "Macroeconomic Dynamics in a Model of Goods, Labor and Credit Market Frictions," Sciences Po publications info:hdl:2441/5por5bt92h8, Sciences Po.
    9. Nukic, Senada, 2014. "Fiscal Consolidation and Employment Loss," MPRA Paper 60224, University Library of Munich, Germany.
    10. Muehlemann, Samuel & Strupler Leiser, Mirjam, 2018. "Hiring costs and labor market tightness," Labour Economics, Elsevier, vol. 52(C), pages 122-131.
    11. Martin, Christopher & Wang, Bingsong, 2020. "Search, shirking and labor market volatility," Journal of Macroeconomics, Elsevier, vol. 66(C).
    12. William Hawkins, 2012. "Wage Determination and Labor Market Volatility under Mismatch," 2012 Meeting Papers 797, Society for Economic Dynamics.
    13. Radde, Sören & Cui, Wei, 2016. "Search-based endogenous asset liquidity and the macroeconomy," Working Paper Series 1917, European Central Bank.
    14. Mühlemann, Samuel & Strupler Leiser, Mirjam, 2015. "Ten Facts You Need To Know About Hiring," IZA Discussion Papers 9363, Institute of Labor Economics (IZA).
    15. Álvarez de Toledo, Pablo & Núñez, Fernando & Usabiaga, Carlos, 2013. "Labour Market Segmentation, Clusters, Mobility and Unemployment Duration with Individual Microdata," MPRA Paper 46003, University Library of Munich, Germany.
    16. Jyotirmoy Bhattacharya, 2021. "Indian urban workers' labour market transitions," Papers 2110.05482, arXiv.org, revised Nov 2021.
    17. Cahuc, Pierre, 2014. "Search, flows, job creations and destructions," Labour Economics, Elsevier, vol. 30(C), pages 22-29.
    18. Esteban-Pretel, Julen & Tanaka, Ryuichi & Meng, Xiangcai, 2017. "Changes in Japan’s labor market during the Lost Decade and the role of demographics," Journal of the Japanese and International Economies, Elsevier, vol. 43(C), pages 19-37.
    19. Mark Bils & Yongsung Chang & Sun-Bin Kim, 2019. "How Sticky Wages In Existing Jobs Can Affect Hiring," Working Paper Series no118, Institute of Economic Research, Seoul National University.
    20. Daniel Borowczyk-Martins & Grégory Jolivet & Fabien Postel-Vinay, 2013. "Accounting for Endogeneity in Matching Function Estimation," Post-Print hal-03473875, HAL.
    21. Burkhard Heer & Stefan Franz Schubert, 2011. "Unemployment and Debt Dynamics in a Highly Indebted Small Open Economy," CESifo Working Paper Series 3497, CESifo.
    22. Angelo Antoci & Simone Borghesi & Gianluca Iannucci, 2016. "Green licenses and environmental corruption: a random matching model," SEEDS Working Papers 1116, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Nov 2016.
    23. Martín-Román, Ángel L., 2020. "Beyond the added-worker and the discouraged-worker effects: the entitled-worker effect," GLO Discussion Paper Series 707, Global Labor Organization (GLO).
    24. Unel, Bulent, 2018. "Offshoring and unemployment in a credit-constrained economy," Journal of International Economics, Elsevier, vol. 111(C), pages 21-33.
    25. Zaveh, Fakhraldin, 2014. "Search, Rigidities and Unemployment Dynamics," EconStor Preprints 157661, ZBW - Leibniz Information Centre for Economics.
    26. Bingsong Wang, 2022. "The Fundamental Surplus Revisited," Working Papers 2022021, The University of Sheffield, Department of Economics.
    27. Borowczyk-Martins, Daniel & Jolivet, Grégory & Postel-Vinay, Fabien, 2011. "Accounting For Endogenous Search Behavior in Matching Function Estimation," IZA Discussion Papers 5807, Institute of Labor Economics (IZA).
    28. van Ours, Jan C. & Tatsiramos, Konstantinos, 2012. "Labor Market Effects of Unemployment Insurance Design," CEPR Discussion Papers 9196, C.E.P.R. Discussion Papers.
    29. Wrede, Matthias, 2012. "Wages, rents, unemployment, and the quality of life," FAU Discussion Papers in Economics 01/2012, Friedrich-Alexander University Erlangen-Nuremberg, Institute for Economics.
    30. Dai Tiantian & Liu Xiangbo & Sun Wei, 2020. "The effects of monetary policy on input inventories," The B.E. Journal of Macroeconomics, De Gruyter, vol. 20(1), pages 1-34, January.
    31. Yashiv, Eran, "undated". "Capital Values, Job Values and the Joint Behavior of Hiring and Investment," Foerder Institute for Economic Research Working Papers 275799, Tel-Aviv University > Foerder Institute for Economic Research.
    32. Gimenez-Nadal, José Ignacio & Molina, José Alberto & Sevilla, Almudena, 2022. "Effort at Work and Worker Well-Being in the US," IZA Discussion Papers 15308, Institute of Labor Economics (IZA).
    33. Üngör, Murat, 2013. "Some Thought Experiments on the Changes in Labor Supply in Turkey," EY International Congress on Economics I (EYC2013), October 24-25, 2013, Ankara, Turkey 219, Ekonomik Yaklasim Association.
    34. Simon Franklin & Julien Labonne, 2019. "Economic Shocks and Labor Market Flexibility," Journal of Human Resources, University of Wisconsin Press, vol. 54(1), pages 171-199.
    35. Ljungqvist, Lars & Sargent, Thomas & Kitao, Sagiri, 2016. "A Life-Cycle Model of Trans-Atlantic Employment Experiences," CEPR Discussion Papers 11260, C.E.P.R. Discussion Papers.
    36. Marco Fongoni, 2018. "Workers' reciprocity and the (ir)relevance of wage cyclicality for the volatility of job creation," Working Papers 1809, University of Strathclyde Business School, Department of Economics.
    37. Francesco Zanetti & Federico S. Mandelman, 2013. "Flexible prices, labor market frictions and the response of employment to technology shocks," Economics Series Working Papers 683, University of Oxford, Department of Economics.
    38. Heid, Benedikt & Larch, Mario, 2013. "International Trade and Unemployment: A Quantitative Framework," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79824, Verein für Socialpolitik / German Economic Association.
    39. Leonardo Melosi & Eran Yashiv & Renato Faccini, 2016. "Hiring and Investment Frictions as Inflation Determinants," 2016 Meeting Papers 1606, Society for Economic Dynamics.
    40. Francisco Perez‐Arce & María J. Prados, 2021. "The Decline In The U.S. Labor Force Participation Rate: A Literature Review," Journal of Economic Surveys, Wiley Blackwell, vol. 35(2), pages 615-652, April.
    41. Lee E. Ohanian & Andrea Raffo, 2011. "Aggregate hours worked in OECD countries: new measurement and implications for business cycles," International Finance Discussion Papers 1039, Board of Governors of the Federal Reserve System (U.S.).
    42. Chahrour, Ryan & Chugh, Sanjay & Potter, Tristan, 2016. "Searching for Wages in an Estimated Labor Matching Model," School of Economics Working Paper Series 2016-17, LeBow College of Business, Drexel University.
    43. Fackler, Daniel & Mueller, Steffen & Stegmaier, Jens, 2018. "Explaining Wage Losses after Job Displacement: Employer Size and Lost Firm Rents," VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy 181543, Verein für Socialpolitik / German Economic Association.
    44. Yashiv, Eran, 2015. "Capital values and job values," LSE Research Online Documents on Economics 86323, London School of Economics and Political Science, LSE Library.
    45. Chugh, Sanjay K. & Merkl, Christian, 2011. "Efficiency and labor market dynamics in a model of labor selection," Kiel Working Papers 1684, Kiel Institute for the World Economy (IfW Kiel).
    46. Taber, Christopher & Vejlin, Rune Majlund, 2016. "Estimation of a Roy/Search/Compensating Differential Model of the Labor Market," IZA Discussion Papers 9975, Institute of Labor Economics (IZA).
    47. Joshua Bernstein & Alexander W. Richter & Nathaniel A. Throckmorton, 2022. "The Matching Function and Nonlinear Business Cycles," Working Papers 2201, Federal Reserve Bank of Dallas.
    48. Heid, Benedikt & Larch, Mario, 2016. "Gravity with unemployment," Journal of International Economics, Elsevier, vol. 101(C), pages 70-85.
    49. David H. Autor & David Dorn & Gordon H. Hanson & Jae Song, 2014. "Trade Adjustment: Worker Level Evidence," CESifo Working Paper Series 5000, CESifo.
    50. Konstantinos Angelopoulos & Andrea Benecchi & Jim Malley, 2017. "Can Subsidising Job-Related Training Reduce Inequality?," CESifo Working Paper Series 6605, CESifo.
    51. Jósef Sigurdsson, 2011. "Unemployment Dynamics and Cyclical Fluctuations in the Icelandic Labour Market," Economics wp56, Department of Economics, Central bank of Iceland.
    52. Shimer, Robert, 2012. "Wage rigidities and jobless recoveries," Journal of Monetary Economics, Elsevier, vol. 59(S), pages 65-77.
    53. Matthias Wrede, 2015. "Wages, Rents, Unemployment, And The Quality Of Life: A Consistent Theory‐Based Measure," Journal of Regional Science, Wiley Blackwell, vol. 55(4), pages 609-625, September.
    54. Landais, Camille & Michaillat, Pascal & Saez, Emmanuel, 2018. "A macroeconomic approach to optimal unemployment insurance: applications," LSE Research Online Documents on Economics 88303, London School of Economics and Political Science, LSE Library.
    55. Eran Yashiv, 2015. "Capital Values and Job Values," Discussion Papers 1502, Centre for Macroeconomics (CFM).
    56. Andrew T. Foerster & José Mustre‐Del‐Río, 2022. "Search with Wage Posting under Sticky Prices," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 54(2-3), pages 599-626, March.
    57. Faccini, Renato & Rosazza Bondibene, Chiara, 2012. "Labour market institutions and unemployment volatility: evidence from OECD countries," Bank of England working papers 461, Bank of England.
    58. Renato Faccini & Eran Yashiv, 2017. "The Importance of Hiring Frictions in Business Cycles," Discussion Papers 1736, Centre for Macroeconomics (CFM).
    59. Daniel Borowczyk-Martins & Etienne Lalé, 2019. "Employment Adjustment and Part-Time Work: Lessons from the United States and the United Kingdom," American Economic Journal: Macroeconomics, American Economic Association, vol. 11(1), pages 389-435, January.
    60. Chugh, Sanjay K., 2013. "Costly external finance and labor market dynamics," Journal of Economic Dynamics and Control, Elsevier, vol. 37(12), pages 2882-2912.
    61. Angelo Antoci & Simone Borghesi & Gianluca Iannucci, 2021. "(Dis)honest bureaucrats and (non)compliant firms in an evolutionary game," Metroeconomica, Wiley Blackwell, vol. 72(2), pages 321-344, May.
    62. Han, Lu & Strange, William C., 2015. "The Microstructure of Housing Markets," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 813-886, Elsevier.
    63. Poschke, Markus, 2023. "Wage Employment, Unemployment and Self-Employment across Countries," IZA Discussion Papers 16271, Institute of Labor Economics (IZA).
    64. Garth Baughman, 2016. "Deadlines and Matching," Finance and Economics Discussion Series 2016-14, Board of Governors of the Federal Reserve System (U.S.).
    65. Nils Gornemann & Keith Kuester & Makoto Nakajima, 2021. "Doves for the Rich, Hawks for the Poor? Distributional Consequences of Systematic Monetary Policy," ECONtribute Discussion Papers Series 089, University of Bonn and University of Cologne, Germany.
    66. Garín, Julio, 2015. "Borrowing constraints, collateral fluctuations, and the labor market," Journal of Economic Dynamics and Control, Elsevier, vol. 57(C), pages 112-130.
    67. Petr Sedlacek, 2016. "The aggregate matching function and job search from employment and out of the labor force," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 21, pages 16-28, July.
    68. Sargent, Thomas & Ljungqvist, Lars, 2015. "The Fundamental Surplus in Matching Models," CEPR Discussion Papers 10489, C.E.P.R. Discussion Papers.
    69. Alberto Naudon D. & Andrés Pérez M., 2018. "Unemployment dynamics in Chile: 1960-2015," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 21(1), pages 004-033, April.
    70. Michael Elsby & Ryan Michaels & David Ratner, 2020. "Vacancy Chains," Working Papers 20-28, Federal Reserve Bank of Philadelphia.
    71. Agranov, M. & Elliott, M., 2017. "Commitment and (In)Efficiency: A Bargaining Experiment," Cambridge Working Papers in Economics 1743, Faculty of Economics, University of Cambridge.
    72. Konstantinos Angelopoulos & Andrea Benecchi & James Malley, 2017. "Can subsidising job-related training reduce inequality?," Working Papers 2017_10, Business School - Economics, University of Glasgow.
    73. Yashiv, Eran, 2012. "Frictions and the Joint Behavior of Hiring and Investment," IZA Discussion Papers 6636, Institute of Labor Economics (IZA).
    74. Schaefer, Daniel & Singleton, Carl, 2018. "Unemployment and econometric learning," Research in Economics, Elsevier, vol. 72(2), pages 277-296.
    75. Carlos Usabiaga & Fernando Núñez & Pablo Álvarez de Toledo, 2013. "Segmentación del mercado de trabajo, clusters, movilidad y duración de desempleo con datos individuales," Economic Working Papers at Centro de Estudios Andaluces E2013/02, Centro de Estudios Andaluces.
    76. Atanas Hristov, 2010. "The High Sensitivity of Employment to Agency Costs: The Relevance of Wage Rigidity," SFB 649 Discussion Papers SFB649DP2010-044, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
    77. Viviana Alejandra Alfonso C., 2015. "The cyclical behavior of separation and job finding rates in Colombia," Borradores de Economia 13885, Banco de la Republica.
    78. Webber, Douglas A., 2018. "Employment Adjustment over the Business Cycle: The Impact of Competition in the Labor Market," IZA Discussion Papers 11887, Institute of Labor Economics (IZA).
    79. Jose-Victor Rios-Rull & Sekyu Choi, 2012. "Labor Share and Technology Dynamics," 2012 Meeting Papers 880, Society for Economic Dynamics.
    80. Lecca, Patrizio & Persyn, Damiaan & Sakkas, Stelios, 2023. "Capital-skill complementarity and regional inequality: A spatial general equilibrium analysis," Regional Science and Urban Economics, Elsevier, vol. 102(C).
    81. Etienne Lalé, 2015. "Turbulence and the Employment Experience of Older Workers," Bristol Economics Discussion Papers 15/652, School of Economics, University of Bristol, UK, revised 13 Jul 2016.
    82. Álvarez de Toledo, Pablo & Núñez, Fernando & Usabiaga, Carlos, 2014. "An empirical approach on labour segmentation. Applications with individual duration data," Economic Modelling, Elsevier, vol. 36(C), pages 252-267.
    83. Kurozumi, Takushi & Van Zandweghe, Willem, 2012. "Learning about monetary policy rules when labor market search and matching frictions matter," Journal of Economic Dynamics and Control, Elsevier, vol. 36(4), pages 523-535.
    84. Yashiv, Eran & Faccini, Renato, 2016. "The Hiring Frictions and Price Frictions Nexus in Business Cycle Models," CEPR Discussion Papers 11639, C.E.P.R. Discussion Papers.
    85. Aloi, Marta & Hoefele, Andreas, 2019. "Wage stickiness, offshoring and unemployment," Economics Letters, Elsevier, vol. 177(C), pages 56-59.
    86. López-Martín Bernabé & Takayama Naoki, 2015. "The Blighted Youth: The Impact of Recessions and Policies on Life-Cycle Unemployment," Working Papers 2015-22, Banco de México.
    87. Roger Blair & Perihan Saygin, 2021. "Uncertainty and the marginal revenue product–wage gap," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(3), pages 564-569, April.
    88. Domenico Ferraro, 2018. "The Asymmetric Cyclical Behavior of the U.S. Labor Market," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 30, pages 145-162, October.
    89. Haroon Mumtaz & Francesco Zanetti, 2012. "Neutral Technology Shocks And The Dynamics Of Labor Input: Results From An Agnostic Identification," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 53(1), pages 235-254, February.
    90. Yuan, Wen Jin & Antonio, Katherine & Butcher, Arona, 2022. "Incorporating Industry-Specific Wages and Unemployment into the GTAP Model: U.S.-EU Trade Liberalization Scenarios," Conference papers 333450, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    91. Leena Rudanko, 2018. "Firm Wages in a Frictional Labor Market," 2018 Meeting Papers 1154, Society for Economic Dynamics.
    92. Lee, Grace H.Y. & Parasnis, Jaai, 2014. "Discouraged workers in developed countries and added workers in developing countries? Unemployment rate and labour force participation," Economic Modelling, Elsevier, vol. 41(C), pages 90-98.
    93. Kudlyak, Marianna, 2014. "The cyclicality of the user cost of labor," Journal of Monetary Economics, Elsevier, vol. 68(C), pages 53-67.
    94. Bjoern Bruegemann, 2017. "Privately Efficient Wage Rigidity Under Diminishing Returns," 2017 Meeting Papers 978, Society for Economic Dynamics.
    95. Gonzalo Llosa & Lee Ohanian & Andrea Raffo & Richard Rogerson, 2014. "Firing Costs and Labor Market Fluctuations: A Cross-Country Analysis," 2014 Meeting Papers 533, Society for Economic Dynamics.
    96. Francesco Zanetti & Haroon Mumtaz, 2014. "Labor Market Dynamics: a Time-varying Analysis," Economics Series Working Papers 728, University of Oxford, Department of Economics.
    97. Bachmann, Ronald & Bechara, Peggy & Kramer, Anica & Rzepka, Sylvi, 2014. "A Study on Labour Market Transitions Using Micro-data from the Statistics on Income and Living Conditions (SILC). Final Report," RWI Projektberichte, RWI - Leibniz-Institut für Wirtschaftsforschung, number 111484.
    98. Rubén Domínguez Díaz, 2021. "Hiring Stimulus and Precautionary Savings in a Liquidity Trap," ECONtribute Discussion Papers Series 072, University of Bonn and University of Cologne, Germany.
    99. Sevgi Coskun, 2016. "Labor Market Fluctuations in Developing Countries," EcoMod2016 9732, EcoMod.
    100. Thomas COUDERT, 2016. "A new insight on the inflation persistence: the role of severance pay," Working Papers of LaRGE Research Center 2016-06, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg.
    101. Eran Yashiv, 2015. "Online Appendix to "Capital Values and Job Values"," Online Appendices 14-327, Review of Economic Dynamics.
    102. Salverda, Wiemer & Checchi, Daniele, 2014. "Labour-Market Institutions and the Dispersion of Wage Earnings," IZA Discussion Papers 8220, Institute of Labor Economics (IZA).
    103. Robert E. Hall, 2011. "Clashing Theories of Unemployment," NBER Working Papers 17179, National Bureau of Economic Research, Inc.
    104. Morin, Annaïg, 2017. "Cyclicality of wages and union power," Labour Economics, Elsevier, vol. 48(C), pages 1-22.
    105. Heid, Benedikt, 2014. "Preferential Trade Agreements, Unemployment, and the Informal Sector," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100376, Verein für Socialpolitik / German Economic Association.
    106. Martin, Chris & Wang, Bingsong, 2018. "Unemployment Volatility in a Behavioural Search Model," The Warwick Economics Research Paper Series (TWERPS) 1179, University of Warwick, Department of Economics.

  15. Robert Shimer & Fernando Alvarez, 2009. "Unemployment and Human Capital," 2009 Meeting Papers 28, Society for Economic Dynamics.

    Cited by:

    1. Carlos Carrillo-Tudela & Ludo Visschers, 2020. "Unemployment and Endogenous Reallocation over the Business Cycle," CESifo Working Paper Series 8288, CESifo.
    2. Maximiliano Dvorkin, 2013. "Sectoral Shocks, Reallocation and Unemployment in a Model of Competitive Labor Markets," 2013 Meeting Papers 1229, Society for Economic Dynamics.
    3. João Miguel Ejarque, 2009. "A Search Model with a Quasi-Network," Discussion Papers 10-23, University of Copenhagen. Department of Economics, revised Sep 2010.

  16. Veronica Guerrieri & Robert Shimer & Randall Wright, 2009. "Adverse Selection in Competitive Search Equilibrium," NBER Working Papers 14915, National Bureau of Economic Research, Inc.

    Cited by:

    1. Terrence Hendershott & Dan Li & Dmitry Livdan & Norman Schürhoff, 2017. "Relationship Trading in OTC Markets," Swiss Finance Institute Research Paper Series 17-30, Swiss Finance Institute.
    2. Lorenzo Carbonari & Fabrizio Mattesini & Robert J. Waldmann, 2022. "Inflation and Welfare in a Competitive Search Equilibrium with Asymmetric Information," Working Paper series 22-01, Rimini Centre for Economic Analysis.
    3. von Siemens, Ferdinand A. & Kosfeld, Michael, 2014. "Team production in competitive labor markets with adverse selection," European Economic Review, Elsevier, vol. 68(C), pages 181-198.
    4. George J. Mailath & Andrew Postlewaite & Larry Samuelson, 2010. "Pricing in Matching Markets," Cowles Foundation Discussion Papers 1752, Cowles Foundation for Research in Economics, Yale University.
    5. Derek G. Stacey, 2011. "Tenure Insecurity, Adverse Selection, And Liquidity In Rural Land Markets," Working Paper 1269, Economics Department, Queen's University.
    6. Weerachart T. Kilenthong & Robert M. Townsend, 2014. "A Market Based Solution to Price Externalities: A Generalized Framework," NBER Working Papers 20275, National Bureau of Economic Research, Inc.
    7. Eduardo M. Azevedo & Daniel Gottlieb, 2017. "Perfect Competition in Markets With Adverse Selection," Econometrica, Econometric Society, vol. 85, pages 67-105, January.
    8. Naoki Aizawa & Soojin Kim & Serena Rhee, 2020. "Labor Market Screening and the Design of Social Insurance: An Equilibrium Analysis of the Labor Market for the Disabled," NBER Working Papers 27478, National Bureau of Economic Research, Inc.
    9. Alberto Martin, 2010. "Adverse selection, credit and efficiency: The case of the missing market," Economics Working Papers 1257, Department of Economics and Business, Universitat Pompeu Fabra.
    10. Gomes, Pedro Maia, 2017. "Heterogeneity and the Public Sector Wage Policy," IZA Discussion Papers 11091, Institute of Labor Economics (IZA).
    11. Andra C. Ghent, 2019. "What's Wrong with Pittsburgh? Delegated Investors and Liquidity Concentration," NBER Working Papers 25966, National Bureau of Economic Research, Inc.
    12. Shouyong Shi, 2013. "Customer Relationship and Sales," 2013 Meeting Papers 88, Society for Economic Dynamics.
    13. Tito Boeri & Pietro Garibaldi & Espen Moen, 2016. "Inside Severance Pay," Sciences Po publications 47, Sciences Po.
    14. Susan Vroman & Pieter Gautier & James Albrecht, 2013. "Directed Search in the Housing Market," 2013 Meeting Papers 1370, Society for Economic Dynamics.
    15. Philipp Kircher & Leo Kaas, 2010. "Efficient Firm Dynamics in a Frictional Labor Market," 2010 Meeting Papers 89, Society for Economic Dynamics.
    16. Jacquet, Nicolas L. & Tan, Serene, 2012. "Wage-vacancy contracts and coordination frictions," Journal of Economic Theory, Elsevier, vol. 147(3), pages 1064-1104.
    17. Andrea Attar & Thomas Mariotti & François Salanié, 2022. "Regulating Insurance Markets: Multiple Contracting and Adverse Selection," Post-Print hal-03796415, HAL.
    18. Carlos Carrillo-Tudela & Leo Kaas, 2011. "Wage Dispersion and Labor Turnover with Adverse Selection," CESifo Working Paper Series 3562, CESifo.
    19. Diasakos, Theodoros M. & Koufopoulos, Kostas, 2018. "(Neutrally) Optimal Mechanism under Adverse Selection: The canonical insurance problem," Games and Economic Behavior, Elsevier, vol. 111(C), pages 159-186.
    20. Sarah Auster & Nenad Kos & Salvatore Piccolo, 2021. "Optimal Pricing, Private Information and Search For an Outside Offer," CRC TR 224 Discussion Paper Series crctr224_2021_151v2, University of Bonn and University of Mannheim, Germany.
    21. Alex Citanna & Paolo Siconolfi, 2022. "An incentive efficient market for mechanisms in large Akerlof economies," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(1), pages 1-54, February.
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    Cited by:

    1. R. Jason Faberman & Andreas I. Mueller & Ayşegül Şahin & Giorgio Topa, 2022. "Job Search Behavior Among the Employed and Non‐Employed," Econometrica, Econometric Society, vol. 90(4), pages 1743-1779, July.
    2. Serena Rhee & Fatih Karahan, 2015. "Population Aging, Migration Spillovers and the Decline in Interstate Migration," 2015 Meeting Papers 1177, Society for Economic Dynamics.
    3. David Wiczer, 2015. "Long-Term Unemployment: Attached and Mismatched?," Working Papers 2015-42, Federal Reserve Bank of St. Louis.
    4. Benedikt Herz & Thijs van Rens, 2011. "Structural Unemployment," Working Papers 568, Barcelona School of Economics.
    5. BERTINELLI, Luisito & CARDI, Olivier & RESTOUT, Romain, 2020. "Relative Productivity And Search Unemployment In An Open Economy," Journal of Economic Dynamics and Control, Elsevier, vol. 117(C).
    6. Plamen Nenov, 2013. "Regional Mismatch and Labor Reallocation in an Equilibrium Model of Migration," 2013 Meeting Papers 565, Society for Economic Dynamics.
    7. Simona E. Cociuba & James C. MacGee, 2018. "Demographics and Sectoral Reallocations: A Search Theory with Immobile Workers," University of Western Ontario, Departmental Research Report Series 20182, University of Western Ontario, Department of Economics.
    8. Robert L. Axtell & Omar A. Guerrero & Eduardo L'opez, 2019. "Frictional Unemployment on Labor Flow Networks," Papers 1903.04954, arXiv.org.
    9. Guerrazzi, Marco & Ksebi, Ilham, 2018. "Measuring unemployment by means of official data and administrative records: Empirical and theoretical perspectives," MPRA Paper 87227, University Library of Munich, Germany.
    10. Basov, Suren & King, Ian & Uren, Lawrence, 2014. "Worker heterogeneity, the job-finding rate, and technical change," European Economic Review, Elsevier, vol. 70(C), pages 159-177.
    11. Natalya Y. Shelkova, 2009. "The Minimum Wage Spike in the Search Economy with Wage-Posting," Working papers 2009-40, University of Connecticut, Department of Economics.
    12. Maximiliano Dvorkin, 2013. "Sectoral Shocks, Reallocation and Unemployment in a Model of Competitive Labor Markets," 2013 Meeting Papers 1229, Society for Economic Dynamics.
    13. Illenin Kondo, 2017. "Trade-Induced Displacements and Local Labor Market Adjustments in the US," NBER Chapters, in: Trade and Labor Markets, National Bureau of Economic Research, Inc.
    14. Alan B. Krueger & Andreas Mueller, 2008. "Job Search and Unemployment Insurance: New Evidence from Time Use Data," Working Papers 1093, Princeton University, Department of Economics, Center for Economic Policy Studies..
    15. Marcelo Veracierto & Jonas Fisher & Morris Davis, 2014. "Gross Migration, Housing and Urban Population Dynamics," 2014 Meeting Papers 324, Society for Economic Dynamics.
    16. Kudlyak, Marianna & Faia, Ester & Shabalina, Ekaterina, 2021. "Dynamic Labor Reallocation with Heterogeneous Skills and Uninsured Idiosyncratic Risk," CEPR Discussion Papers 16008, C.E.P.R. Discussion Papers.
    17. Javier Suarez & Samuel Bentolila & Claudio Michelacci, 2004. "Social Contacts and Occupational Choice," 2004 Meeting Papers 593, Society for Economic Dynamics.
    18. Anja Bauer & Ian King, 2015. "The Hartz Reforms, the German Miracle, and the Reallocation Puzzle," Discussion Papers Series 550, School of Economics, University of Queensland, Australia.
    19. Anna Batyra & Michel De Vroey, 2012. "From One To Many Islands: The Emergence Of Search And Matching Models," Bulletin of Economic Research, Wiley Blackwell, vol. 64(3), pages 393-414, July.
    20. Lkhagvasuren, Damba, 2012. "Big locational unemployment differences despite high labor mobility," Journal of Monetary Economics, Elsevier, vol. 59(8), pages 798-814.
    21. Marco Guerrazzi & Pier Giuseppe Giribone, 2022. "The dynamics of working hours and wages under implicit contracts," Bulletin of Economic Research, Wiley Blackwell, vol. 74(4), pages 1075-1094, October.
    22. Per Krusell & Toshihiko Mukoyama & Richard Rogerson & Aysegul Sahin, 2020. "Gross Worker Flows and Fluctuations in the Aggregate Labor Market," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 205-226, August.
    23. Marco Guerrazzi & Pier Giuseppe Giribone, 2021. "Dynamic wage bargaining and labour market fluctuations: the role of productivity shocks," SN Business & Economics, Springer, vol. 1(8), pages 1-20, August.
    24. Plamen Nemov, 2015. "Regional Reallocation and Housing Markets in a Model of Frictional Migration," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(4), pages 863-880, October.
    25. Guido Matias Cortes, 2012. "Where Have the Routine Workers Gone? A Study of Polarization Using Panel Data," Economics Discussion Paper Series 1224, Economics, The University of Manchester.
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    4. Luisito Bertinelli & Olivier Cardi & Romain Restout, 2016. "Technical change biased toward the traded sector and labor market frictions," Working Papers of BETA 2016-05, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
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    6. Karahan, Fatih & Mitman, Kurt & Moore, Brendan, 2019. "Individual and Market-Level Effects of UI Policies: Evidence from Missouri," IZA Discussion Papers 12805, Institute of Labor Economics (IZA).
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    569. Ayşegül Şahin & Murat Tasci, 2020. "The Unemployment Cost of COVID-19: How High and How Long?," Economic Commentary, Federal Reserve Bank of Cleveland, vol. 2020(09), May.
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    572. Jonathan Créchet & Étienne Lalé & Linas Tarasonis, 2023. "Life-Cycle Worker Flows and Cross-country Differences in Aggregate Employment," Working Papers 2306E, University of Ottawa, Department of Economics.
    573. Domenico Ferraro, 2023. "Fast Rises, Slow Declines: Asymmetric Unemployment Dynamics with Matching Frictions," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 55(2-3), pages 349-378, March.
    574. Macarena García & Alberto Naudon, 2012. "Dinámica Laboral en Chile," Working Papers Central Bank of Chile 659, Central Bank of Chile.
    575. Jung, Philip & Kuhn, Moritz, 2011. "Labor Market Rigidity and Business Cycle Volatility," MPRA Paper 48946, University Library of Munich, Germany.
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    578. Pavel Krivenko, 2018. "Unemployment and the US housing market during the Great Recession," 2018 Meeting Papers 579, Society for Economic Dynamics.
    579. Zhao, Naibao & Sun, Meng, 2021. "Effects of minimum wage on workers’ on-the-job effort and labor market outcomes," Economic Modelling, Elsevier, vol. 95(C), pages 453-461.
    580. Darong Dai & Guoqiang Tian, 2020. "On the Efficiency of Wage-Setting Mechanisms with Search Frictions and Human Capital Investment," Annals of Economics and Finance, Society for AEF, vol. 21(1), pages 1-40, May.
    581. Ludmila Fadejeva & Ieva Opmane, 2016. "Internal labour market mobility in 2005–2014 in Latvia: the micro data approach," Baltic Journal of Economics, Baltic International Centre for Economic Policy Studies, vol. 16(2), pages 152-174.
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    583. Michael Irwin, 2023. "The Impact of Unemployment Insurance and Unsecured Credit on Business Cycles," Staff Working Papers 23-22, Bank of Canada.
    584. Horvath, Jaroslav & Yang, Guanyi, 2022. "Unemployment dynamics and informality in small open economies," European Economic Review, Elsevier, vol. 141(C).
    585. Hie Joo Ahn & James Hamilton, 2021. "Online Appendix to "Measuring Labor-Force Participation and the Incidence and Duration of Unemployment"," Online Appendices 20-490, Review of Economic Dynamics.
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    587. Eran B. Hoffmann & Mr. Davide Malacrino, 2018. "Employment Time and the Cyclicality of Earnings Growth," IMF Working Papers 2018/115, International Monetary Fund.
    588. Krivenko, Pavel, 2023. "The Role of Moving Shocks, Unemployment, and Policy in Understanding Housing Bust," Journal of Banking & Finance, Elsevier, vol. 154(C).
    589. Herzog-Stein, Alexander & Nüß, Patrick & Peede, Lennert & Stein, Ulrike, 2021. "Germany's Labour Market in Coronavirus Distress - New Challenges to Safeguarding Employment," GLO Discussion Paper Series 840, Global Labor Organization (GLO).
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    595. Francisco Lasso-Valderrama & Héctor M. Zárate-Solano, 2019. "Forecasting the Colombian Unemployment Rate Using Labour Force Flows," Borradores de Economia 1073, Banco de la Republica de Colombia.
    596. Katharine L. Bradbury, 2006. "Measurement of unemployment," Public Policy Brief, Federal Reserve Bank of Boston.
    597. Yaniv Yedid-Levi & Nir Jaimovic & Henry Siu & Martin Gervais, 2011. "What Should I Be When I Grow Up? Occupations and Employment over the Life Cycle and Business Cycle," 2011 Meeting Papers 893, Society for Economic Dynamics.
    598. Mauricio Santa María S. & Carlos Felipe Prada L. & Ana Virginia Mujica P., 2009. "Oportunidades, desafíos y barreras de la movilidad laboral en Colombia : reflexiones para la población en pobreza extrema y moderada," Working Papers Series. Documentos de Trabajo 9187, Fedesarrollo.
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    600. Cheuk Yin Ho, 2014. "Can the baseline search and matching model quantitatively explain Okun's law?," Applied Economics, Taylor & Francis Journals, vol. 46(31), pages 3828-3835, November.
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    605. Bloemen, Hans, 2021. "Labor Market Transitions of Members of Opposite-Sex Couples: Nonparticipation, Unemployed Search, and Employment," IZA Discussion Papers 14673, Institute of Labor Economics (IZA).
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    611. Holmberg, Johan, 2021. "Earnings and Employment Dynamics: Capturing Cyclicality using Mixed Frequency Data," Umeå Economic Studies 991, Umeå University, Department of Economics.
    612. Noel Gaston & Gulasekaran Rajaguru, 2015. "A Markov-switching structural vector autoregressive model of boom and bust in the Australian labour market," Empirical Economics, Springer, vol. 49(4), pages 1271-1299, December.

  19. Robert Shimer & Ivan Werning, 2006. "Reservation Wages and Unemployment Insurance," NBER Working Papers 12618, National Bureau of Economic Research, Inc.

    Cited by:

    1. Itzik Fadlon & Torben Heien Nielsen, 2016. "Household Labor Supply and the Gains from Social Insurance," NBER Chapters, in: Social Insurance Programs (Trans-Atlantic Public Economics Seminar, TAPES), National Bureau of Economic Research, Inc.
    2. Martin Gonzalez-Rozada & Hernan Ruffo, 2016. "Optimal Unemployment Benefits in the Presence of Informal Labor Markets," Department of Economics Working Papers 2016_03, Universidad Torcuato Di Tella.
    3. Staubli, Stefan & Haller, Andreas & Zweimüller, Josef, 2020. "Designing Disability Insurance Reforms: Tightening Eligibility Rules or Reducing Benefits?," CEPR Discussion Papers 15121, C.E.P.R. Discussion Papers.
    4. David Card & Raj Chetty & Andrea Weber, 2006. "Cash-on-Hand and Competing Models of Intertemporal Behavior: New Evidence from the Labor Market," NBER Working Papers 12639, National Bureau of Economic Research, Inc.
    5. Carlos medina & Jairo Núñez & Jorge Andrés Tamayo, 2013. "The Unemployment Subsidy Program in Colombia: An Assessment," Borradores de Economia 750, Banco de la Republica de Colombia.
    6. Vargas Juliana Mesén & Linden Bruno Van der, 2019. "Why Cash Transfer Programs Can Both Stimulate and Slow Down Job Finding," IZA Journal of Labor Economics, Sciendo & Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 8(1), pages 1-27, June.
    7. Adam M Guren & Timothy J McQuade, 2020. "How Do Foreclosures Exacerbate Housing Downturns?," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 87(3), pages 1331-1364.
    8. Krueger, Alan B. & Mueller, Andreas I., 2014. "A Contribution to the Empirics of Reservation Wages," IZA Discussion Papers 7957, Institute of Labor Economics (IZA).
    9. Chetty, Nadarajan, 2009. "Sufficient Statistics for Welfare Analysis: A Bridge Between Structural and Reduced-Form Methods," Scholarly Articles 9748528, Harvard University Department of Economics.
    10. Stephanie de Mel, 2020. "A Job Worth Waiting for: Parental Wealth and Youth Unemployment in Ghana," IFS Working Papers W20/21, Institute for Fiscal Studies.
    11. Krueger, Alan B. & Mueller, Andreas I., 2011. "Job Search and Job Finding in a Period of Mass Unemployment: Evidence from High-Frequency Longitudinal Data," IZA Discussion Papers 5450, Institute of Labor Economics (IZA).
    12. Pontus Rendahl, 2012. "Asset‐Based Unemployment Insurance," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 53(3), pages 743-770, August.
    13. Claudio Michelacci & Hernán Ruffo, 2015. "Optimal Life Cycle Unemployment Insurance," American Economic Review, American Economic Association, vol. 105(2), pages 816-859, February.
    14. Parag A. Pathak & Alvin E. Roth, 2013. "Matching with Couples: Stability and Incentives in Large Markets," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 128(4), pages 1585-1632.
    15. Juliana Mesén Vargas & Bruno Van der Linden, 2018. "Is there always a Trade-off between Insurance and Incentives? The Case of Unemployment with Subsistence Constraints," CESifo Working Paper Series 7044, CESifo.
    16. Andrey Launov & Klaus Wälde, 2013. "Estimating Incentive And Welfare Effects Of Nonstationary Unemployment Benefits," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 54(4), pages 1159-1198, November.
    17. Peter Haan & Victoria Prowse, 2015. "Optimal Social Assistance and Unemployment Insurance in a Life-Cycle Model of Family Labor Supply and Savings," SOEPpapers on Multidisciplinary Panel Data Research 750, DIW Berlin, The German Socio-Economic Panel (SOEP).
    18. Andrey Launov & Irene Schumm & Klaus Walde, 2008. "Estimating insurance and incentive effects of labour market reforms," CDMA Conference Paper Series 0813, Centre for Dynamic Macroeconomic Analysis.
    19. Felix Koenig & Alan Manning & Barbara Petrongolo, 2016. "Reservation Wages and the Wage Flexibility Puzzle," Working Papers 787, Queen Mary University of London, School of Economics and Finance.
    20. Paul Bingley & Lorenzo Cappellari & Niels Westergård‐Nielsen, 2013. "Unemployment Insurance, Wage Dynamics and Inequality Over the Life Cycle," Economic Journal, Royal Economic Society, vol. 0, pages 341-372, May.
    21. Dávila, Eduardo, 2016. "Using elasticities to derive optimal bankruptcy exemptions," ESRB Working Paper Series 26, European Systemic Risk Board.
    22. Arash Nekoei & Andrea Weber, 2014. "Does Extending Unemployment Benefits Improve Job Quality?," NRN working papers 2014-04, The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria.
    23. Bauer, Christian, 2011. "On the reservation wage under CARA and limited borrowing," Mathematical Social Sciences, Elsevier, vol. 62(2), pages 126-129, September.
    24. Saez, Emmanuel & Chetty, Nadarajan, 2010. "Optimal Taxation and Social Insurance with Endogenous Private Insurance," Scholarly Articles 9696326, Harvard University Department of Economics.
    25. Cahuc, Pierre, 2014. "Search, flows, job creations and destructions," Labour Economics, Elsevier, vol. 30(C), pages 22-29.
    26. Martin Gonzalez-Rozada & Hernan Ruffo, 2014. "The Effects of Unemployment Insurance Under High Informality: Evidence from Argentina," Department of Economics Working Papers 2014_3, Universidad Torcuato Di Tella.
    27. Kolsrud, Jonas & Landais, Camille & Nilsson, J. Peter & Spinnewijn, Johannes, 2018. "The optimal timing of unemployment benefits: theory and evidence from Sweden," LSE Research Online Documents on Economics 86379, London School of Economics and Political Science, LSE Library.
    28. Eeckhout, Jan & Sepahsalari, Alireza, 2021. "The Effect of Wealth on Worker Productivity," CEPR Discussion Papers 16547, C.E.P.R. Discussion Papers.
    29. Nathaniel Hendren, 2015. "Knowledge of Future Job Loss and Implications for Unemployment Insurance," NBER Working Papers 21819, National Bureau of Economic Research, Inc.
    30. Stephan Humpert & Christian Pfeifer, 2011. "Explaining Age and Gender Differences in Employment Rates: A Labor Supply Side Perspective," Working Paper Series in Economics 214, University of Lüneburg, Institute of Economics.
    31. Marta Aloi & Teresa Lloyd-Braga & Manuel Leite-Monteiro, 2017. "Welfare Benefit Reforms and Employment," CESifo Working Paper Series 6403, CESifo.
    32. Pollak, Andreas, 2013. "Employment Insurance and the Business Cycle," MPRA Paper 49358, University Library of Munich, Germany.
    33. Lukas Inderbitzin & Stefan Staubli & Josef Zweimüller, 2013. "Extended Unemployment Benefits and Early Retirement: Program Complementarity and Program Substitution," NRN working papers 2013-04, The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria.
    34. van Ours, Jan C. & Tatsiramos, Konstantinos, 2012. "Labor Market Effects of Unemployment Insurance Design," CEPR Discussion Papers 9196, C.E.P.R. Discussion Papers.
    35. Rathelot, Roland & Le Barbanchon, Thomas & Roulet, Alexandra, 2017. "Unemployment Insurance and Reservation Wages: Evidence from Administrative Data," CEPR Discussion Papers 12030, C.E.P.R. Discussion Papers.
    36. Hamid Beladi & Saibal Kar, 2014. "Unemployment Benefits and Entrepreneurship," The Japanese Economic Review, Japanese Economic Association, vol. 65(1), pages 122-128, March.
    37. Gordon Phillips & Kyle Herkenhoff, 2015. "The Impact of Consumer Credit Constraints on Earnings, Sorting, and Job Finding Rates of Displaced Workers," 2015 Meeting Papers 375, Society for Economic Dynamics.
    38. Kory Kroft & Matthew J. Notowidigdo, 2016. "Should Unemployment Insurance Vary with the Unemployment Rate? Theory and Evidence," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 83(3), pages 1092-1124.
    39. Luciano Fanti & Luca Gori, 2009. "On economic growth and minimum wages," Discussion Papers 2009/78, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
    40. Mark Stater & Jeffrey B Wenger, 2017. "The Immediate Hardship of Unemployment: Evidence from the US Unemployment Insurance System," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 43(1), pages 17-36, January.
    41. Robert Shimer & Ivan Werning, 2005. "Liquidity and Insurance for the Unemployed," NBER Working Papers 11689, National Bureau of Economic Research, Inc.
    42. Pei, Yun & Xie, Zoe, 2022. "Timing and time inconsistency in search models," Economics Letters, Elsevier, vol. 220(C).
    43. Victor Hernandez Martinez & Kaixin Liu, 2022. "The Value of Unemployment Insurance: Liquidity vs. Insurance Value," Working Papers 22-16, Federal Reserve Bank of Cleveland.
    44. Itzik Fadlon & Shanthi P. Ramnath & Patricia K. Tong, 2019. "Market Inefficiency and Household Labor Supply: Evidence from Social Security’s Survivors Benefits," NBER Working Papers 25586, National Bureau of Economic Research, Inc.
    45. Raj Chetty & Amy Finkelstein, 2012. "Social Insurance: Connecting Theory to Data," NBER Working Papers 18433, National Bureau of Economic Research, Inc.
    46. Wälde, Klaus & Bayer, Christian, 2011. "Describing the Dynamics of Distribution in Search and Matching Models by Fokker-Planck Equations," VfS Annual Conference 2011 (Frankfurt, Main): The Order of the World Economy - Lessons from the Crisis 48736, Verein für Socialpolitik / German Economic Association.
    47. van der Klaauw, Bas, 2014. "From Micro Data to Causality: Forty Years of Empirical Labor Economics," IZA Discussion Papers 8047, Institute of Labor Economics (IZA).
    48. Johannes F. Schmieder & Till M. von Wachter & Stefan Bender, 2012. "The Effects of Extended Unemployment Insurance over the Business Cycle: Evidence from Regression Discontinuity Estimates Over Twenty Years," NBER Working Papers 17813, National Bureau of Economic Research, Inc.
    49. Carlos Dobkin & Amy Finkelstein & Raymond Kluender & Matthew J. Notowidigdo, 2016. "The Economic Consequences of Hospital Admissions," NBER Working Papers 22288, National Bureau of Economic Research, Inc.
    50. Caliendo, Marco & Lee, Wang-Sheng & Mahlstedt, Robert, 2017. "The gender wage gap and the role of reservation wages: New evidence for unemployed workers," Journal of Economic Behavior & Organization, Elsevier, vol. 136(C), pages 161-173.
    51. Heiler, Simon, 2021. "Life Cycle UI with ex-ante Heterogeneous Workers," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242461, Verein für Socialpolitik / German Economic Association.
    52. Yun Pei & Zoe Xie, 2016. "A Quantitative Theory of Time-Consistent Unemployment Insurance," FRB Atlanta Working Paper 2016-11, Federal Reserve Bank of Atlanta.
    53. Rich Ryan, 2023. "Discretionary Extensions to Unemployment Insurance Compensation and Some Potential Costs for a McCall Worker," Risks, MDPI, vol. 11(10), pages 1-39, September.
    54. Christian Bayer & Klaus Wälde, 2010. "Matching and Saving in Continuous Time: Theory," Working Papers 1004, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz, revised 13 Jan 2010.
    55. Been-Lon Chen & Shian-Yu Liao & Dongpeng Liu & Xiangbo Liu, 2022. "Optimal Long-run Money Growth Rate in a Cash-in-Advance Economy with Labor-Market Frictions," IEAS Working Paper : academic research 22-A003, Institute of Economics, Academia Sinica, Taipei, Taiwan.
    56. Mazur, Karol, 2016. "Can welfare abuse be welfare improving?," Journal of Public Economics, Elsevier, vol. 141(C), pages 11-28.
    57. Álvaro A. Novo & André C. Silva, 2017. "Can a search model predict the effects of an increase in the benefit duration? Evidence from the Portuguese unemployment insurance reform," IZA Journal of Labor Policy, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 6(1), pages 1-14, December.
    58. Martin Gonzalez-Rozada & Hernan Ruffo, 2014. "The Effects of Unemployment Insurance Under High Informality: Evidence from Argentina," Department of Economics Working Papers wp201403, Universidad Torcuato Di Tella.
    59. Caliendo, Marco & Mahlstedt, Robert & Mitnik, Oscar A., 2014. "Unobservable, but Unimportant? The Influence of Personality Traits (and Other Usually Unobserved Variables) for the Evaluation of Labor Market Policies," IZA Discussion Papers 8337, Institute of Labor Economics (IZA).
    60. Joanne Lee & Karen Needels & Walter Nicholson, "undated". "A Longitudinal Survey of Unemployment Insurance Recipients in Two Regions in California," Mathematica Policy Research Reports 982c8e2b780e479ea249e7b05, Mathematica Policy Research.
    61. Jan Eeckhout, 2013. "Unemployment Risk and the Distribution of Assets," 2013 Meeting Papers 337, Society for Economic Dynamics.
    62. Hassler, John & Rodríguez Mora, José V., 2008. "Unemployment insurance design: Inducing moving and retraining," European Economic Review, Elsevier, vol. 52(5), pages 757-791, July.
    63. Homa Esfahanian, 2016. "On the Reservation Wages and Liquidity Constraint," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 20(3), pages 295-304, Summer.
    64. Martin Gonzalez-Rozada & Hernan Ruffo, 2022. "The welfare effects of unemployment insurance in Argentina. New estimates using changes in the schedule of transfers," Papers 2202.01844, arXiv.org.
    65. Pollak, Andreas, 2012. "Efficient unemployment insurance and the cost of borrowing," Economics Letters, Elsevier, vol. 116(2), pages 136-138.
    66. Uren, Lawrence, 2018. "The redistributive role of unemployment benefits," Journal of Economic Dynamics and Control, Elsevier, vol. 90(C), pages 236-258.
    67. Nicholas Lawson, 2013. "Fiscal Externalities and Optimal Unemployment Insurance," AMSE Working Papers 1357, Aix-Marseille School of Economics, France, revised 21 Nov 2013.
    68. Raj Chetty, 2008. "Moral Hazard vs. Liquidity and Optimal Unemployment Insurance," NBER Working Papers 13967, National Bureau of Economic Research, Inc.
    69. Bilal Muhammad Khan & Muhammad Farhan Majid, 2020. "A note on the gender reservation wage gap in developing countries," Scottish Journal of Political Economy, Scottish Economic Society, vol. 67(5), pages 462-468, November.
    70. Lars Osberg, 2009. "Canada’s Declining Social Safety Net: EI Reform and the 2009 Budget," Working Papers daleconwp2009-01, Dalhousie University, Department of Economics.
    71. Timothy J. Bartik, 2013. "Social Costs of Jobs Lost Due to Environmental Regulations," Upjohn Working Papers 13-193, W.E. Upjohn Institute for Employment Research.
    72. Nathaniel Hendren, 2017. "Knowledge of Future Job Loss and Implications for Unemployment Insurance," American Economic Review, American Economic Association, vol. 107(7), pages 1778-1823, July.
    73. Caliendo, Marco & Mahlstedt, Robert & Mitnik, Oscar, 2014. "Unobservable, but Unimportant? The Influence of Personality Traits (and Other Usually Unobserved Variables) for the Estimation of Treatment Effects," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100502, Verein für Socialpolitik / German Economic Association.
    74. Helge Bennmarker & Lars Calmfors & Anna Seim, 2014. "Earned income tax credits, unemployment benefits and wages: empirical evidence from Sweden," IZA Journal of Labor Policy, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 3(1), pages 1-20, December.
    75. Tom Krebs & Martin Scheffel, 2013. "Macroeconomic Evaluation of Labor Market Reform in Germany," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 61(4), pages 664-701, December.
    76. World Bank, 2014. "Tunisia : Breaking the Barriers to Youth Inclusion [Tunisie - Surmonter les obstacles a l'inclusion des jeunes]," World Bank Publications - Reports 20693, The World Bank Group.
    77. Pannenberg, Markus, 2010. "Risk attitudes and reservation wages of unemployed workers: Evidence from panel data," Economics Letters, Elsevier, vol. 106(3), pages 223-226, March.

  20. Robert Shimer & Iván Werning, 2006. "On the Optimal Timing of Benefits with Heterogeneous Workers and Human Capital Depreciation," NBER Working Papers 12230, National Bureau of Economic Research, Inc.

    Cited by:

    1. Pontus Rendahl, 2012. "Asset‐Based Unemployment Insurance," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 53(3), pages 743-770, August.
    2. Guler, Bulent & Guvenen, Fatih & Violante, Giovanni L., 2012. "Joint-search theory: New opportunities and new frictions," Journal of Monetary Economics, Elsevier, vol. 59(4), pages 352-369.
    3. Victor Ortego-Marti, 2017. "Differences in Skill Loss During Unemployment Across Industries and Occupations," Working Papers 201707, University of California at Riverside, Department of Economics.
    4. Kolsrud, Jonas & Landais, Camille & Nilsson, J. Peter & Spinnewijn, Johannes, 2018. "The optimal timing of unemployment benefits: theory and evidence from Sweden," LSE Research Online Documents on Economics 86379, London School of Economics and Political Science, LSE Library.
    5. Regis Barnichon & Yanos Zylberberg, 2022. "A Menu of Insurance Contracts for the Unemployed [The Effect of Unemployment Insurance Sanctions on the Transition Rate from Unemployment to Employment]," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 89(1), pages 118-141.
    6. Kroft, Kory & Lange, Fabian & Notowidigdo, Matthew J., 2012. "Duration Dependence and Labor Market Conditions: Theory and Evidence from a Field Experiment," CLSSRN working papers clsrn_admin-2012-21, Vancouver School of Economics, revised 28 Sep 2012.
    7. Lien Laureys, 2014. "The Cost of Human Capital Depreciation during Unemployment," Discussion Papers 1420, Centre for Macroeconomics (CFM).
    8. Victor Ortego-Marti, 2014. "The Cyclical Behavior of Unemployment and Vacancies with Loss of Skills during Unemployment," Working Papers 201416, University of California at Riverside, Department of Economics.
    9. Ortego-Marti, Victor, 2016. "Unemployment history and frictional wage dispersion," Journal of Monetary Economics, Elsevier, vol. 78(C), pages 5-22.
    10. van Ours, Jan C. & Tatsiramos, Konstantinos, 2012. "Labor Market Effects of Unemployment Insurance Design," CEPR Discussion Papers 9196, C.E.P.R. Discussion Papers.
    11. Kolsrud, Jonas & Landais, Camille & Nilsson, Peter & Spinnewijn, Johannes, 2015. "The optimal timing of UI benefits: theory and evidencefrom Sweden," LSE Research Online Documents on Economics 63801, London School of Economics and Political Science, LSE Library.
    12. Mueller, Andreas I. & Spinnewijn, Johannes & Topa, Giorgio, 2021. "Job seekers’ perceptions and employment prospects: heterogeneity, duration dependence, and bias," LSE Research Online Documents on Economics 108447, London School of Economics and Political Science, LSE Library.
    13. Fuller, David L., 2014. "Adverse selection and moral hazard: Quantitative implications for unemployment insurance," Journal of Monetary Economics, Elsevier, vol. 62(C), pages 108-122.
    14. Robert Shimer & Ivan Werning, 2005. "Liquidity and Insurance for the Unemployed," NBER Working Papers 11689, National Bureau of Economic Research, Inc.
    15. Ahn, Taehyun, 2018. "Assessing the effects of reemployment bonuses on job search: A regression discontinuity approach," Journal of Public Economics, Elsevier, vol. 165(C), pages 82-100.
    16. Raj Chetty & Amy Finkelstein, 2012. "Social Insurance: Connecting Theory to Data," NBER Working Papers 18433, National Bureau of Economic Research, Inc.
    17. Johannes F. Schmieder & Till von Wachter & Stefan Bender, 2013. "The Causal Effect of Unemployment Duration on Wages: Evidence from Unemployment Insurance Extensions," NBER Working Papers 19772, National Bureau of Economic Research, Inc.
    18. Regev, Tali, 2012. "Unemployment compensation under partial program coverage," Labour Economics, Elsevier, vol. 19(6), pages 888-897.
    19. Marloes Graaf-Zijl & Albert Horst & Daniel Vuuren & Hugo Erken & Rob Luginbuhl, 2015. "Long-Term Unemployment and the Great Recession in the Netherlands: Economic Mechanisms and Policy Implications," De Economist, Springer, vol. 163(4), pages 415-434, December.
    20. Nicholas Trachter & Hernan Ruffo & Facundo Piguillem, 2012. "Unemployment Insurance in a Life Cycle General Equilibrium Model with Human Capital," 2012 Meeting Papers 1046, Society for Economic Dynamics.
    21. Meier, Mario & Obermeier, Tim, 2017. "Employer Screening, Unemployment Stigma and Optimal Unemployment Insurance," EconStor Preprints 148303, ZBW - Leibniz Information Centre for Economics.
    22. Spinnewijn, Johannes, 2013. "Training and search during unemployment," Journal of Public Economics, Elsevier, vol. 99(C), pages 49-65.
    23. Michael Dinerstein & Rigissa Megalokonomou & Constantine Yannelis, 2020. "Human Capital Depreciation," CESifo Working Paper Series 8614, CESifo.
    24. Michau, Jean-Baptiste, 2015. "Optimal labor market policy with search frictions and risk-averse workers," Labour Economics, Elsevier, vol. 35(C), pages 93-107.
    25. Lionel Cottier & Kathrin Degen & Rafael Lalive, 2020. "Can unemployment benefit cuts improve employment and earnings?," Empirical Economics, Springer, vol. 59(2), pages 659-699, August.
    26. Div Bhagia, 2023. "Duration Dependence and Heterogeneity: Learning from Early Notice of Layoff," Papers 2305.17344, arXiv.org.

  21. Robert Shimer & Ivan Werning, 2005. "Liquidity and Insurance for the Unemployed," NBER Working Papers 11689, National Bureau of Economic Research, Inc.

    Cited by:

    1. Setty, Ofer, 2012. "Unemployment Accounts," Foerder Institute for Economic Research Working Papers 275765, Tel-Aviv University > Foerder Institute for Economic Research.
    2. David Card & Raj Chetty & Andrea Weber, 2006. "Cash-on-Hand and Competing Models of Intertemporal Behavior: New Evidence from the Labor Market," NBER Working Papers 12639, National Bureau of Economic Research, Inc.
    3. Kurt Mitman & Stanislav Rabinovich, 2011. "Pro-cyclical Unemployment Benefits? Optimal Policy in an Equilibrium Business Cycle Model," PIER Working Paper Archive 11-023, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    4. Vargas Juliana Mesén & Linden Bruno Van der, 2019. "Why Cash Transfer Programs Can Both Stimulate and Slow Down Job Finding," IZA Journal of Labor Economics, Sciendo & Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 8(1), pages 1-27, June.
    5. Lance Lochner & Alexander Monge-Naranjo, 2011. "Credit Constraints in Education," NBER Working Papers 17435, National Bureau of Economic Research, Inc.
    6. Brown, Alessio J. G. & Orszag, Mike & Snower, Dennis J., 2006. "Unemployment Accounts and Employment Incentives," IZA Discussion Papers 2105, Institute of Labor Economics (IZA).
    7. Pontus Rendahl, 2012. "Asset‐Based Unemployment Insurance," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 53(3), pages 743-770, August.
    8. Guler, Bulent & Guvenen, Fatih & Violante, Giovanni L., 2012. "Joint-search theory: New opportunities and new frictions," Journal of Monetary Economics, Elsevier, vol. 59(4), pages 352-369.
    9. Mr. Tom Krebs & Mr. Martin Scheffel, 2017. "Labor Market Institutions and the Cost of Recessions," IMF Working Papers 2017/087, International Monetary Fund.
    10. Jean-Olivier Hairault & François Langot & Sébastien Ménard & Thepthida Sopraseuth, 2012. "Optimal Unemployment Insurance for Older Workers," PSE - Labex "OSE-Ouvrir la Science Economique" hal-00668989, HAL.
    11. Moritz Kuhn & Sebastian Koehne, 2012. "Should unemployment insurance be asset-tested?," 2012 Meeting Papers 850, Society for Economic Dynamics.
    12. Antonio Mele, 2008. "Repeated Moral Hazard and Recursive Lagrangeans," 2008 Meeting Papers 482, Society for Economic Dynamics.
    13. Serdar Birinci & Kurt Gerrard See, 2018. "How Should Unemployment Insurance vary over the Business Cycle?," 2018 Meeting Papers 69, Society for Economic Dynamics.
    14. Juliana Mesén Vargas & Bruno Van der Linden, 2018. "Is there always a Trade-off between Insurance and Incentives? The Case of Unemployment with Subsistence Constraints," CESifo Working Paper Series 7044, CESifo.
    15. Peter Haan & Victoria Prowse, 2015. "Optimal Social Assistance and Unemployment Insurance in a Life-Cycle Model of Family Labor Supply and Savings," SOEPpapers on Multidisciplinary Panel Data Research 750, DIW Berlin, The German Socio-Economic Panel (SOEP).
    16. Yuzhe Zhang & Matthew Mitchell, 2007. "Optimal Unemployment Insurance with Hidden Trade," 2007 Meeting Papers 1023, Society for Economic Dynamics.
    17. Noah Williams & Rui Li, 2014. "Optimal Unemployment Insurance and Cyclical Fluctuations," 2014 Meeting Papers 804, Society for Economic Dynamics.
    18. Kyyrä, Tomi, 2021. "The Effects of Unemployment Assistance on Unemployment Exits," IZA Discussion Papers 14194, Institute of Labor Economics (IZA).
    19. Chetty, Raj, 2006. "A general formula for the optimal level of social insurance," Journal of Public Economics, Elsevier, vol. 90(10-11), pages 1879-1901, November.
    20. Martin Josh, 2016. "Universal Credit to Basic Income: A Politically Feasible Transition?," Basic Income Studies, De Gruyter, vol. 11(2), pages 97-131, December.
    21. Luis Sagaon TEYSSIER & Nawal ZAAJ, 2015. "Hazard analysis for interval-censored duration of non-employment: school-to-work transition of vocational training graduates in Morocco," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 15(2), pages 161-178.
    22. Arash Nekoei & Andrea Weber, 2014. "Does Extending Unemployment Benefits Improve Job Quality?," NRN working papers 2014-04, The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria.
    23. Peter Haan & Victoria Prowse, 2015. "We analyze empirically the optimal design of social insurance and assistance programs when families obtain insurance by making labor supply choices for both spouses. For this purpose, we specify a str," Upjohn Working Papers 15-240, W.E. Upjohn Institute for Employment Research.
    24. Violante, Giovanni & Pavoni, Nicola, 2006. "Optimal Welfare-to-Work Programs," CEPR Discussion Papers 5937, C.E.P.R. Discussion Papers.
    25. Flórez, Luz A., 2017. "Informal sector under saving: A positive analysis of labour market policies," Labour Economics, Elsevier, vol. 44(C), pages 13-26.
    26. Rasmus Lentz, 2003. "Optimal Unemployment Insurance in an Estimated Job Search Model with Savings," CAM Working Papers 2004-10, University of Copenhagen. Department of Economics. Centre for Applied Microeconometrics.
    27. Bauer, Christian, 2011. "On the reservation wage under CARA and limited borrowing," Mathematical Social Sciences, Elsevier, vol. 62(2), pages 126-129, September.
    28. Cahuc, Pierre, 2014. "Search, flows, job creations and destructions," Labour Economics, Elsevier, vol. 30(C), pages 22-29.
    29. Kolsrud, Jonas & Landais, Camille & Nilsson, J. Peter & Spinnewijn, Johannes, 2018. "The optimal timing of unemployment benefits: theory and evidence from Sweden," LSE Research Online Documents on Economics 86379, London School of Economics and Political Science, LSE Library.
    30. Mikhail Golosov & Pricila Maziero & Guido Menzio, 2012. "Taxation and Redistribution of Residual Income Inequality," NBER Working Papers 18151, National Bureau of Economic Research, Inc.
    31. Cirelli, Fernando & Espino, Emilio & Sánchez, Juan M., 2021. "Designing unemployment insurance for developing countries," Journal of Development Economics, Elsevier, vol. 148(C).
    32. Krebs, Tom & Scheffel, Martin, 2016. "Structural reform in Germany," Working Papers 16-05, University of Mannheim, Department of Economics.
    33. Athanasios Geromichalos, 2015. "Unemployment Insurance and Optimal Taxation in a Search Model of the Labor Market," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(2), pages 365-380, April.
    34. Eeckhout, Jan & Sepahsalari, Alireza, 2021. "The Effect of Wealth on Worker Productivity," CEPR Discussion Papers 16547, C.E.P.R. Discussion Papers.
    35. Serdar Birinci & Kurt See, 2019. "Labor Market Responses to Unemployment Insurance: The Role of Heterogeneity," Working Papers 2019-022, Federal Reserve Bank of St. Louis, revised Nov 2021.
    36. Nathaniel Hendren, 2015. "Knowledge of Future Job Loss and Implications for Unemployment Insurance," NBER Working Papers 21819, National Bureau of Economic Research, Inc.
    37. Williamson, Stephen D. & Wang, Cheng, 1999. "Moral Hazard, Optimal Unemployment Insurance, and Experience Rating," Working Papers 99-03, University of Iowa, Department of Economics.
    38. Marta Aloi & Teresa Lloyd-Braga & Manuel Leite-Monteiro, 2017. "Welfare Benefit Reforms and Employment," CESifo Working Paper Series 6403, CESifo.
    39. Árpád Ábrahám & João Brogueira de Sousa & Ramon Marimon & Lukas Mayr, 2022. "On the Design of a European Unemployment Insurance System," Working Papers 1330, Barcelona School of Economics.
    40. Robert Shimer & Iván Werning, 2007. "Reservation Wages and Unemployment Insurance," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 122(3), pages 1145-1185.
    41. Attila Lindner & Balázs Reizer, 2020. "Front-Loading the Unemployment Benefit: An Empirical Assessment," American Economic Journal: Applied Economics, American Economic Association, vol. 12(3), pages 140-174, July.
    42. Anna D'Ambrosio & Vincenzo Scrutinio, 2022. "A few Euro more: benefit generosity and the optimal path of unemployment benefits," CEP Discussion Papers dp1835, Centre for Economic Performance, LSE.
    43. van Ours, Jan C. & Tatsiramos, Konstantinos, 2012. "Labor Market Effects of Unemployment Insurance Design," CEPR Discussion Papers 9196, C.E.P.R. Discussion Papers.
    44. S. Nuray Akin & Brennan Platt, 2012. "Running Out of Time: Limited Unemployment Benefits and Reservation Wages," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 15(2), pages 149-170, April.
    45. Galenianos, Manolis & Kircher, Philipp & Virag, Gabor, 2011. "Market power and efficiency in a search model," LSE Research Online Documents on Economics 29706, London School of Economics and Political Science, LSE Library.
    46. J. Carter Braxton & Kyle F. Herkenhoff & Gordon M. Phillips, 2020. "Can the Unemployed Borrow? Implications for Public Insurance," NBER Working Papers 27026, National Bureau of Economic Research, Inc.
    47. Joseph, Gilles & Maingé, Paul-Emile, 2023. "Characterization of optimal durations of unemployment benefits in a nonstationary job search model," Mathematical Social Sciences, Elsevier, vol. 125(C), pages 76-93.
    48. Nicola Pavoni & Ofer Setty & Giovanni L. Violante, 2013. "Search and Work in Optimal Welfare Programs," NBER Working Papers 18666, National Bureau of Economic Research, Inc.
    49. Mitchell, Matthew & Zhang, Yuzhe, 2010. "Unemployment insurance with hidden savings," Journal of Economic Theory, Elsevier, vol. 145(6), pages 2078-2107, November.
    50. François Gerard & Joana Naritomi, 2021. "Job Displacement Insurance and (the Lack of) Consumption-Smoothing," American Economic Review, American Economic Association, vol. 111(3), pages 899-942, March.
    51. Mikhail Golosov & Maxim Troshkin & Aleh Tsyvinski, 2011. "Optimal Taxation: Merging Micro and Macro Approaches," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43(s1), pages 147-174, August.
    52. Fuller, David L., 2014. "Adverse selection and moral hazard: Quantitative implications for unemployment insurance," Journal of Monetary Economics, Elsevier, vol. 62(C), pages 108-122.
    53. Gordon Phillips & Kyle Herkenhoff, 2015. "The Impact of Consumer Credit Constraints on Earnings, Sorting, and Job Finding Rates of Displaced Workers," 2015 Meeting Papers 375, Society for Economic Dynamics.
    54. Luz Adriana Flórez, 2014. "Optimal Policy with Informal Sector and Endogenous Savings," Borradores de Economia 11960, Banco de la Republica.
    55. Jean-Baptiste Michau, 2013. "On the Provision of Insurance Against Search-Induced Wage Fluctuations," Working Papers hal-00850547, HAL.
    56. Ahn, Taehyun, 2018. "Assessing the effects of reemployment bonuses on job search: A regression discontinuity approach," Journal of Public Economics, Elsevier, vol. 165(C), pages 82-100.
    57. Victor Hernandez Martinez & Kaixin Liu, 2022. "The Value of Unemployment Insurance: Liquidity vs. Insurance Value," Working Papers 22-16, Federal Reserve Bank of Cleveland.
    58. Raj Chetty & Amy Finkelstein, 2012. "Social Insurance: Connecting Theory to Data," NBER Working Papers 18433, National Bureau of Economic Research, Inc.
    59. Bruno Coquet, 2017. "Les allocations chômage devraient-elles être dégressives ?," Sciences Po publications info:hdl:2441/2vagho9cns9, Sciences Po.
    60. David L. Fuller & B. Ravikumar & Yuzhe Zhang, 2015. "Unemployment Insurance Fraud and Optimal Monitoring," American Economic Journal: Macroeconomics, American Economic Association, vol. 7(2), pages 249-290, April.
    61. Kyle Herkenhoff & Gordon Phillips & Ethan Cohen-Cole, 2017. "How Credit Constraints Impact Job Finding Rates, Sorting & Aggregate Output," Working Papers 2017-012, Human Capital and Economic Opportunity Working Group.
    62. Jung, Philip & Kuester, Keith, 2011. "Optimal Labor-Market Policy in Recessions," Working Papers 11-1, University of Mannheim, Department of Economics.
    63. Landais, Camille, 2015. "Assessing the welfare effects of unemployment benefits using the regression kink design," LSE Research Online Documents on Economics 64565, London School of Economics and Political Science, LSE Library.
    64. Lapatinas, Athanasios, 2009. "Labour adjustment costs: Estimation of a dynamic discrete choice model using panel data for Greek manufacturing firms," Labour Economics, Elsevier, vol. 16(5), pages 521-533, October.
    65. Edmans, Alex & Gabaix, Xavier & Sadzik, Tomasz & Sannikov, Yuliy, 2010. "Dynamic Incentive Accounts," Working Papers 10-19, University of Pennsylvania, Wharton School, Weiss Center.
    66. Bertola, Giuseppe, 2016. "Finance, Labour, Capital, and International Integration," CEPR Discussion Papers 11163, C.E.P.R. Discussion Papers.
    67. Sergio Cappellini, 2022. "Optimal Unemployment Insurance with Worker Profiling," "Marco Fanno" Working Papers 0294, Dipartimento di Scienze Economiche "Marco Fanno".
    68. Toshihiko Mukoyama, 2010. "Understanding the Welfare Effects of Unemployment Insurance Policy in General Equilibrium," 2010 Meeting Papers 286, Society for Economic Dynamics.
    69. Nicola Pavoni & Ofer Setty & Giovanni Violante, 2016. "The design of 'soft' welfare-to-work programs," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 20, pages 160-180, April.
    70. Mr. Tom Krebs & Mr. Martin Scheffel, 2013. "Macroeconomic Evaluation of Labor Market Reform in Germany," IMF Working Papers 2013/042, International Monetary Fund.
    71. Oikonomou, Rigas, 2013. "Optimal Unemployment Insurance with Private Insurance," MPRA Paper 55726, University Library of Munich, Germany.
    72. Mr. Tom Krebs & Mr. Martin Scheffel, 2016. "Structural Reform in Germany," IMF Working Papers 2016/096, International Monetary Fund.
    73. Parsons, Donald O., 2014. "Job Displacement Insurance: An Overview," IZA Discussion Papers 8223, Institute of Labor Economics (IZA).
    74. Sebastien Menard & Solenne Tanguy, 2018. "Revisiting Hopenhayn and Nicolini’s optimal unemployment insurance with job search monitoring and sanctions," Working Papers halshs-01878890, HAL.
    75. Setty, Ofer, 2009. "Optimal Unemployment Insurance with Monitoring," MPRA Paper 18188, University Library of Munich, Germany.
    76. Egbert Jongen, 2009. "An analysis of individual accounts for the unemployment risk in the Netherlands," CPB Document 186, CPB Netherlands Bureau for Economic Policy Analysis.
    77. Árpád Ábrahám & João Brogueira de Sousa & Ramon Marimon & Lukas Mayr, 2022. "On the design of a european unemployment insurance system," Economics Working Papers 1826, Department of Economics and Business, Universitat Pompeu Fabra.
    78. Andersson, Josefine, 2018. "Lump-sum severance grants and the duration of unemployment," Working Paper Series 2018:23, IFAU - Institute for Evaluation of Labour Market and Education Policy.
    79. Spinnewijn, Johannes, 2020. "The trade-off between insurance and incentives in differentiated unemployment policies," LSE Research Online Documents on Economics 104718, London School of Economics and Political Science, LSE Library.
    80. Jan Eeckhout, 2013. "Unemployment Risk and the Distribution of Assets," 2013 Meeting Papers 337, Society for Economic Dynamics.
    81. Marco Cozzi, 2011. "Optimal Unemployment Insurance In Ge: A Robustcalibration Approach," Working Paper 1272, Economics Department, Queen's University.
    82. Hassler, John & Rodríguez Mora, José V., 2008. "Unemployment insurance design: Inducing moving and retraining," European Economic Review, Elsevier, vol. 52(5), pages 757-791, July.
    83. Mitman, Kurt & Rabinovich, Stanislav, 2015. "Optimal unemployment insurance in an equilibrium business-cycle model," Journal of Monetary Economics, Elsevier, vol. 71(C), pages 99-118.
    84. Uren, Lawrence, 2018. "The redistributive role of unemployment benefits," Journal of Economic Dynamics and Control, Elsevier, vol. 90(C), pages 236-258.
    85. V. V. Chari & Patrick J. Kehoe, 2006. "Modern macroeconomics in practice: how theory is shaping policy," Staff Report 376, Federal Reserve Bank of Minneapolis.
    86. Emmanuel Farhi & Iván Werning, 2012. "Capital Taxation: Quantitative Explorations of the Inverse Euler Equation," Journal of Political Economy, University of Chicago Press, vol. 120(3), pages 000.
    87. Kroft, Kory, 2008. "Takeup, social multipliers and optimal social insurance," Journal of Public Economics, Elsevier, vol. 92(3-4), pages 722-737, April.
    88. Spinnewijn, Johannes, 2013. "Training and search during unemployment," Journal of Public Economics, Elsevier, vol. 99(C), pages 49-65.
    89. Raj Chetty, 2008. "Moral Hazard vs. Liquidity and Optimal Unemployment Insurance," NBER Working Papers 13967, National Bureau of Economic Research, Inc.
    90. Rogerson, Richard & Shimer, Robert, 2011. "Search in Macroeconomic Models of the Labor Market," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 7, pages Pages: 61, Elsevier.
    91. Sainsbury, Tristram & Breunig, Robert & Watson, Timothy, 2022. "COVID-19 Private Pension Withdrawals and Unemployment Tenures," IZA Discussion Papers 15399, Institute of Labor Economics (IZA).
    92. Tom Krebs & Martin Scheffel, 2013. "Macroeconomic Evaluation of Labor Market Reform in Germany," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 61(4), pages 664-701, December.
    93. Robert Shimer & Iván Werning, 2006. "On the Optimal Timing of Benefits with Heterogeneous Workers and Human Capital Depreciation," NBER Working Papers 12230, National Bureau of Economic Research, Inc.

  22. Robert Shimer, 2005. "Mismatch," NBER Working Papers 11888, National Bureau of Economic Research, Inc.

    Cited by:

    1. Saks, Raven E. & Wozniak, Abigail, 2007. "Labor Reallocation over the Business Cycle: New Evidence from Internal Migration," IZA Discussion Papers 2766, Institute of Labor Economics (IZA).
    2. Christian Dustmann & Albrecht Glitz & Uta Schoenberg, 2011. "Referral-based Job Search Networks," Norface Discussion Paper Series 2011012, Norface Research Programme on Migration, Department of Economics, University College London.
    3. Matthias Kehrig & Nicolas L. Ziebarth, 2017. "The Effects of the Real Oil Price on Regional Wage Dispersion," CESifo Working Paper Series 6408, CESifo.
    4. Brown, Alessio J. G. & Merkl, Christian & Snower, Dennis J., 2009. "An Incentive Theory of Matching," IZA Discussion Papers 4145, Institute of Labor Economics (IZA).
    5. Russell Weinstein, 2022. "Local Labor Markets and Human Capital Investments," Journal of Human Resources, University of Wisconsin Press, vol. 57(5), pages 1498-1525.
    6. Merkl, Christian & van Rens, Thijs, 2012. "Selective Hiring and Welfare Analysis in Labor Market Models," IZA Discussion Papers 6294, Institute of Labor Economics (IZA).
    7. Benedikt Herz & Thijs van Rens, 2011. "Structural Unemployment," Working Papers 568, Barcelona School of Economics.
    8. Krusell, Per & Rudanko, Leena, 2016. "Unions in a frictional labor market," Journal of Monetary Economics, Elsevier, vol. 80(C), pages 35-50.
    9. Daly, Mary C. & Hobijn, Bart & Valletta, Robert G., 2011. "The Recent Evolution of the Natural Rate of Unemployment," IZA Discussion Papers 5832, Institute of Labor Economics (IZA).
    10. van Wetten, Sanne J.L. & Gerards, Ruud & de Grip, Andries, 2020. "Are graduates’ intrapreneurial skills optimally used for innovation?," Technovation, Elsevier, vol. 96.
    11. Raven S. Molloy & Christopher L. Smith & Abigail Wozniak, 2011. "Internal migration in the United States," Finance and Economics Discussion Series 2011-30, Board of Governors of the Federal Reserve System (U.S.).
    12. Bleakley, C. Hoyt & Lin, Jeffrey, 2006. "Thick-Market Effects and Churning in the Labor Market: Evidence from U.S. Cities," Working Papers 213, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
    13. Andrew Caplin & John Leahy, 2011. "Trading Frictions and House Price Dynamics," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43, pages 283-303, October.
    14. Álvarez de Toledo, Pablo & Núñez, Fernando & Usabiaga, Carlos, 2013. "Labour Market Segmentation, Clusters, Mobility and Unemployment Duration with Individual Microdata," MPRA Paper 46003, University Library of Munich, Germany.
    15. Spiros Bougheas & Carl Davidson & Richard Upward & Peter Wright, 2008. "Structural Adjustment, Turnover and Career Mobility," Discussion Papers 08/23, University of Nottingham, GEP.
    16. Robert L. Axtell & Omar A. Guerrero & Eduardo L'opez, 2019. "Frictional Unemployment on Labor Flow Networks," Papers 1903.04954, arXiv.org.
    17. Basov, Suren & King, Ian & Uren, Lawrence, 2014. "Worker heterogeneity, the job-finding rate, and technical change," European Economic Review, Elsevier, vol. 70(C), pages 159-177.
    18. Carlo Di Giorgio & Massimo Giannini, 2012. "A comparison of the Beveridge curve dynamics in Italy and USA," Empirical Economics, Springer, vol. 43(3), pages 945-983, December.
    19. Benoît Schmutz & Modibo Sidibé, 2016. "Frictional spatial equilibrium," Working Papers 2016-29, Center for Research in Economics and Statistics.
    20. Yashiv, Eran, 2007. "Labor Search and Matching in Macroeconomics," IZA Discussion Papers 2743, Institute of Labor Economics (IZA).
    21. Gadi Barlevy, 2011. "Evaluating the role of labor market mismatch in rising unemployment," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 35(Q III), pages 82-96.
    22. Mary C. Daly & Bast Hobijn & Ayşeqül Şahin & Robert G. Valletta, 2012. "Rynki pracy w modelu poszukiwań i dopasowań: czy naturalna stopa bezrobocia rzeczywiście wzrosła?," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 11-12, pages 147-172.
    23. Galenianos, Manolis & Kircher, Philipp & Virag, Gabor, 2011. "Market power and efficiency in a search model," LSE Research Online Documents on Economics 29706, London School of Economics and Political Science, LSE Library.
    24. Carlos Carrillo-Tudela & Eric Smith, 2009. "Wage dispersion and wage dynamics within and across firms," FRB Atlanta Working Paper 2009-22, Federal Reserve Bank of Atlanta.
    25. Dale T. Mortensen, 2007. "Island Matching," 2007 Meeting Papers 142, Society for Economic Dynamics.
    26. Kashiwagi, Masanori, 2014. "A search-theoretic model of the rental and homeownership markets," Journal of Housing Economics, Elsevier, vol. 26(C), pages 33-47.
    27. Rima Izem & Nicola Fuchs-Schuendeln, 2007. "Explaining the Low Labor Productivity in East Germany - A Spatial Analysis," 2007 Meeting Papers 378, Society for Economic Dynamics.
    28. Gabriel P. Mathy, 2015. "Hysteresis and Persistent Long-Term Unemployment: Lessons from the Great Depression and World War II," Working Papers 2015-02, American University, Department of Economics.
    29. Climent Quintana-Domeque, 2008. "Preferences, Comparative Advantage, and Compensating Wage Differentials for Job Routinization," Working Papers 1063, Princeton University, Department of Economics, Industrial Relations Section..
    30. Moritz Ritter & John Kennes & Benoit Julien, 2013. "Bidding for Teams," 2013 Meeting Papers 989, Society for Economic Dynamics.
    31. Sákovics, József, 2014. "Price formation in a matching market with targeted offers," Games and Economic Behavior, Elsevier, vol. 87(C), pages 161-177.
    32. Yashiv, Eran, 2006. "U.S. Labor Market Dynamics Revisited," IZA Discussion Papers 2455, Institute of Labor Economics (IZA).
    33. Claudio Michelacci & Josep Pijoan-Mas, 2012. "Intertemporal Labour Supply with Search Frictions," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 79(3), pages 899-931.
    34. Guerrero, Omar A. & López, Eduardo, 2015. "Firm-to-firm labor flows and the aggregate matching function: A network-based test using employer–employee matched records," Economics Letters, Elsevier, vol. 136(C), pages 9-12.
    35. Herz, Benedikt, 2017. "Specific Human Capital and Wait Unemployment," MPRA Paper 76777, University Library of Munich, Germany.
    36. Josef C Brada & Marcello Signorelli, 2012. "Comparing Labor Market Performance: Some Stylized Facts and Key Findings," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 54(2), pages 231-250, June.
    37. Abel, Jaison R. & Deitz, Richard, 2015. "Agglomeration and job matching among college graduates," Regional Science and Urban Economics, Elsevier, vol. 51(C), pages 14-24.
    38. Lisi, Gaetano, 2010. "Introduzione allo studio dei modelli di "matching" del mercato del lavoro [Introduction to the study of matching models of unemployment]," MPRA Paper 22735, University Library of Munich, Germany.
    39. Álvarez de Toledo, Pablo & Núñez, Fernando & Usabiaga, Carlos, 2014. "An empirical approach on labour segmentation. Applications with individual duration data," Economic Modelling, Elsevier, vol. 36(C), pages 252-267.
    40. Ebrahimy, Ehsan & Shimer, Robert, 2010. "Stock-flow matching," Journal of Economic Theory, Elsevier, vol. 145(4), pages 1325-1353, July.
    41. Horváth, Gergely, 2014. "Occupational mismatch and social networks," Journal of Economic Behavior & Organization, Elsevier, vol. 106(C), pages 442-468.
    42. Athanasios Geromichalos, 2010. "Directed Search and Optimal Production," Working Papers 140, University of California, Davis, Department of Economics.
    43. Harashima, Taiji, 2011. "A Mechanism of Cyclical Volatility in the Vacancy-Unemployment Ratio: What Is the Source of Rigidity?," MPRA Paper 32476, University Library of Munich, Germany.
    44. Jonathan F. Pingle, 2006. "The relocation decisions of working couples," Finance and Economics Discussion Series 2006-33, Board of Governors of the Federal Reserve System (U.S.).
    45. Kuo, Mien-Yun & Smith, Eric, 2009. "Marketplace matching in Britain: Evidence from individual unemployment spells," Labour Economics, Elsevier, vol. 16(1), pages 37-46, January.

  23. Richard Rogerson & Robert Shimer & Randall Wright, 2004. "Search-Theoretic Models of the Labor Market-A Survey," NBER Working Papers 10655, National Bureau of Economic Research, Inc.

    Cited by:

    1. Olivier Lharidon & Franck Malherbet, 2011. "Multi-Levels Bargaining and Efficiency in Search Economies," Economics Working Paper Archive (University of Rennes 1 & University of Caen) 201124, Center for Research in Economics and Management (CREM), University of Rennes 1, University of Caen and CNRS.
    2. Harald Uhlig, 2008. "The Slow Decline of East Germany," NBER Working Papers 14553, National Bureau of Economic Research, Inc.
    3. Galenianos, Manolis & Kirchner, Philipp A., 2005. "Directed Search with Multiple Job Applications," Bonn Econ Discussion Papers 20/2005, University of Bonn, Bonn Graduate School of Economics (BGSE).
    4. Jahn, Elke J. & Wagner, Thomas, 2006. "Base Period, Qualifying Period and the Equilibrium Rate of Unemployment," IZA Discussion Papers 2151, Institute of Labor Economics (IZA).
    5. Matteo Richiardi, 2004. "A Search Model Of Unemployment And Firm Dynamics," World Scientific Book Chapters, in: Roberto Leombruni & Matteo Richiardi (ed.), Industry And Labor Dynamics The Agent-Based Computational Economics Approach, chapter 7, pages 107-128, World Scientific Publishing Co. Pte. Ltd..
    6. Antonio Merlo & François Ortalo-Magné, 2002. "Bargaining over Residential Real Estate: Evidence from England (Third Version)," PIER Working Paper Archive 04-020, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 11 Mar 2004.
    7. International Monetary Fund, 2006. "Equilibrium Wage Dispersion: An Example," IMF Working Papers 2006/019, International Monetary Fund.
    8. Roberto Bonilla & Alberto Trejos, 2017. "Marriage and Employment Participation with Wage Bargaining in Search Equilibrium," CESifo Working Paper Series 6543, CESifo.
    9. Antonelli, Cristiano, 2017. "From the Economics of Information to the Economics of Knowledge. Length: pages 39," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201714, University of Turin.
    10. Markus Pannenberg, 2007. "Risk Aversion and Reservation Wages," SOEPpapers on Multidisciplinary Panel Data Research 23, DIW Berlin, The German Socio-Economic Panel (SOEP).
    11. Hawkes, Adam & Muûls, Mirabelle & Hamilton, James W., 2023. "Big oil and the energy transition: Evidence from M&A," Energy Policy, Elsevier, vol. 183(C).
    12. Paul E. Carrillo, 2005. "Assessing the Value of On-line Information Using a Two-sided Equilibrium Search Model in the Real Estate Market," Computing in Economics and Finance 2005 307, Society for Computational Economics.
    13. Van den Berg, Gerard & van Vuuren, Aico, 2003. "The Effect of Search Frictions on Wages," CEPR Discussion Papers 3979, C.E.P.R. Discussion Papers.
    14. Harald Uhlig, 2006. "Regional Labor Markets, Network Externalities and Migration: The Case of German Reunification," American Economic Review, American Economic Association, vol. 96(2), pages 383-387, May.
    15. Elisabetta Marzano, 2008. "Search on the job in European countries: evidence based on the European Community Household Panel Survey (ECHP)," Working Papers 7_2008, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy.
    16. Corrêa, Márcio Veras & Centeno, Mário, 2009. "Technological Progress and Average Job Matching Quality," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 63(4), December.
    17. Per Engström & Bertil Holmlund, 2007. "Worker Absenteeism in Search Equilibrium," Scandinavian Journal of Economics, Wiley Blackwell, vol. 109(3), pages 439-467, September.
    18. Rouhi-Rad, Mani & Brozovic, Nicholas & Mieno, Taro, 2015. "Implications of Search Frictions for Tradeable Permit Markets," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205798, Agricultural and Applied Economics Association.
    19. Melanie Arntz & Ralf Wilke, 2009. "Unemployment Duration in Germany: Individual and Regional Determinants of Local Job Finding, Migration and Subsidized Employment," Regional Studies, Taylor & Francis Journals, vol. 43(1), pages 43-61.
    20. Andreas Hornstein & Per Krusell & Giovanni L. Violante, 2011. "Frictional Wage Dispersion in Search Models: A Quantitative Assessment," American Economic Review, American Economic Association, vol. 101(7), pages 2873-2898, December.
    21. Thomas B. King, 2005. "Labor productivity and job-market flows: trends, cycles, and correlations," Supervisory Policy Analysis Working Papers 2005-04, Federal Reserve Bank of St. Louis.
    22. Abdullah Almaatouq, 2016. "Complex Systems and a Computational Social Science Perspective on the Labor Market," Papers 1606.08562, arXiv.org.
    23. L'Haridon, Olivier & Malherbet, Franck, 2006. "Employment Protection Reform in Search Economies," IZA Discussion Papers 2304, Institute of Labor Economics (IZA).
    24. Greenwood, Jeremy & Guner, Nezih, 2008. "Marriage and Divorce since World War II: Analyzing the Role of Technological Progress on the Formation of Households," IZA Discussion Papers 3313, Institute of Labor Economics (IZA).
    25. Roger E. A. Farmer, 2005. "Shooting the Auctioneer," 2005 Meeting Papers 26, Society for Economic Dynamics.
    26. David M. Arseneau & Sanjay K. Chugh, 2006. "Ramsey meets Hosios: the optimal capital tax and labor market efficiency," International Finance Discussion Papers 870, Board of Governors of the Federal Reserve System (U.S.).
    27. KAMBAYASHI Ryo & UENO Yuko, 2006. "Vacancy Market Structure and Matching Efficiency," ESRI Discussion paper series 160, Economic and Social Research Institute (ESRI).
    28. Martín Tetaz, 2005. "Educación y Mercado de Trabajo," CEDLAS, Working Papers 0028, CEDLAS, Universidad Nacional de La Plata.
    29. Maciej K. Dudek & ówna Handlowa, 2006. "On Artificial Structural Unemployment," Computing in Economics and Finance 2006 171, Society for Computational Economics.
    30. Ms. Jianping Zhou, 2006. "Reforming Employment Protection Legislation in France," IMF Working Papers 2006/108, International Monetary Fund.
    31. International Monetary Fund, 2005. "France: Selected Issues," IMF Staff Country Reports 2005/397, International Monetary Fund.
    32. Antonelli, Cristiano, 2017. "From the Economics of Information to the Economics of Knowledge," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201706, University of Turin.
    33. P R Agénor, 2005. "The Analytics of Segmented Labor Markets," Centre for Growth and Business Cycle Research Discussion Paper Series 52, Economics, The University of Manchester.
    34. Kenn Ariga & Giorgio Brunello & Roki Iwahashi & Lorenzo Rocco, 2006. "On the Efficiency Costs of Detracking Secondary Schools," Carlo Alberto Notebooks 35, Collegio Carlo Alberto.
    35. Tomi Kyyrä, 2007. "Estimating Equilibrium Search Models from Finnish Data," Finnish Economic Papers, Finnish Economic Association, vol. 20(2), pages 139-165, Autumn.
    36. Bokan, Nikola & Hughes Hallett, Andrew, 2008. "The Impact of Tax and Market Distortions on the Phillips Curve and the Natural Rate of Unemployment," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 2, pages 1-28.
    37. Andreas Hornstein & Per Krusell & Giovanni L. Violante, 2005. "Unemployment and vacancy fluctuations in the matching model: inspecting the mechanism," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 91(Sum), pages 19-50.
    38. Sattinger, Michael, 2006. "Overlapping labour markets," Labour Economics, Elsevier, vol. 13(2), pages 237-257, April.
    39. Addison, John T. & Altemeyer-Bartscher, Martin & Kuhn, Thomas, 2010. "The Dilemma of Delegating Search: Budgeting in Public Employment Services," IZA Discussion Papers 5170, Institute of Labor Economics (IZA).
    40. Nicholas Sabin, 2023. "Choosing partners: selection priorities of joint liability group leaders," Empirical Economics, Springer, vol. 64(1), pages 323-348, January.
    41. Luigi Bonaventura & Andrea Consoli & Matteo Richiardi & Salvo Spagano, 2006. "Politics and the Labor Market: The Role of Frictions," LABORatorio R. Revelli Working Papers Series 53, LABORatorio R. Revelli, Centre for Employment Studies.
    42. Adrian Masters, 2005. "Directed Search without Wage Commitment and the Role of Labor Market Institutions," Discussion Papers 05-02, University at Albany, SUNY, Department of Economics.
    43. Violante, Giovanni & Hornstein, Andreas, 2006. "Frictional Wage Dispersion in Search Models: A Quantitative Approach," CEPR Discussion Papers 5935, C.E.P.R. Discussion Papers.
    44. Blumkin, Tomer & Hadar, Yossi & Yashiv, Eran, 2005. "Firm Productivity Dispersion and the Matching Role of UI Policy," IZA Discussion Papers 1733, Institute of Labor Economics (IZA).
    45. Carlos Esteban Posada, 2007. "Una versión sencilla del modelo de búsqueda y el mercado laboral urbano de Colombia (2001:I - 2006: II)," Borradores de Economia 3730, Banco de la Republica.
    46. Mani Rouhi Rad & Taro Mieno & Nicholas Brozović, 2022. "The Role of Search Frictions and Trading Ratios in Tradable Permit Markets," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 82(1), pages 101-132, May.

  24. Robert Shimer, 2004. "The Consequences of Rigid Wages in Search Models," NBER Working Papers 10326, National Bureau of Economic Research, Inc.

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    1. Emmanuel Saez & Benjamin Schoefer & David Seim, 2019. "Payroll Taxes, Firm Behavior, and Rent Sharing: Evidence from a Young Workers' Tax Cut in Sweden," American Economic Review, American Economic Association, vol. 109(5), pages 1717-1763, May.
    2. Christopher A. Pissarides, 2007. "Unemployment And Hours Of Work: The North Atlantic Divide Revisited," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 48(1), pages 1-36, February.
    3. Anete Pajuste & Hernán Ruffo, 2017. "Wage rigidity and workers’ flows during recessions," SSE Riga/BICEPS Research Papers 4, Baltic International Centre for Economic Policy Studies (BICEPS);Stockholm School of Economics in Riga (SSE Riga).
    4. Lalé, Etienne, 2018. "Loss of skill and labor market fluctuations," Labour Economics, Elsevier, vol. 50(C), pages 20-31.
    5. Yusuf Mercan & Benjamin Schoefer & Petr Sedláček, 2024. "A Congestion Theory of Unemployment Fluctuations," American Economic Journal: Macroeconomics, American Economic Association, vol. 16(1), pages 238-285, January.
    6. Holden, Steinar & Wulfsberg, Fredrik, 2005. "Downward Nominal Wage Rigidity in the OECD," Memorandum 10/2005, Oslo University, Department of Economics.
    7. Daniel Schäfer & Carl Singleton, 2020. "Nominal Wage Adjustments and the Composition of Pay: New Evidence from Payroll Data," Economics working papers 2020-11, Department of Economics, Johannes Kepler University Linz, Austria.
    8. Pedro S. Amaral & Murat Tasci, 2014. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies Across OECD Countries," Koç University-TUSIAD Economic Research Forum Working Papers 1405, Koc University-TUSIAD Economic Research Forum.
    9. Pascal Michaillat, 2012. "Do Matching Frictions Explain Unemployment? Not in Bad Times," American Economic Review, American Economic Association, vol. 102(4), pages 1721-1750, June.
    10. Michael U. Krause & Thomas A. Lubik, 2006. "On-the-Job Search and the Cyclical Dynamics of the Labor Market," Computing in Economics and Finance 2006 455, Society for Computational Economics.
    11. Felbermayr, Gabriel & Larch, Mario & Lechthaler, Wolfgang, 2009. "Unemployment in an interdependent world," Kiel Working Papers 1540, Kiel Institute for the World Economy (IfW Kiel).
    12. Mark Gertler & Antonella Trigari, 2006. "Unemployment Fluctuations with Staggered Nash Wage Bargaining," Computing in Economics and Finance 2006 525, Society for Computational Economics.
    13. del Rio, Fernando, 2010. "Investment-specific technical progress, capital obsolescence and job creation," Labour Economics, Elsevier, vol. 17(1), pages 248-257, January.
    14. Euiyoung Jung, 2021. "Rigid Wages, Endogenous Job Destruction, and Destabilizing Spirals," Working Papers halshs-03213006, HAL.
    15. Bodart, Vincent & Pierrard, Olivier & Sneessens, Henri R., 2006. "Calvo Wages in a Search Unemployment Model," IZA Discussion Papers 2521, Institute of Labor Economics (IZA).
    16. Gelain, Paolo & Guerrazzi, Marco, 2014. "A demand-driven search model with self-fulfilling expectations: The new `Farmerian' framework under scrutiny," MPRA Paper 55773, University Library of Munich, Germany.
    17. Martin Gervais & Nir Jaimovich & Henry E. Siu & Yaniv Yedid-Levi, 2013. "Technological Learning and Labor Market Dynamics," NBER Working Papers 19767, National Bureau of Economic Research, Inc.
    18. Dale T. Mortensen & Eva Nagypal, 2005. "More on Unemployment and Vacancy Fluctuations," NBER Working Papers 11692, National Bureau of Economic Research, Inc.
    19. Michael W. Elsby & Donggyun Shin & Gary Solon, 2013. "Wage Adjustment in the Great Recession," NBER Working Papers 19478, National Bureau of Economic Research, Inc.
    20. Christoffel, Kai Philipp & Küster, Keith & Linzert, Tobias, 2006. "Identifying the role of labor markets for monetary policy in an estimated DSGE model," Discussion Paper Series 1: Economic Studies 2006,17, Deutsche Bundesbank.
    21. Matthias S. Hertweck, 2006. "Strategic Wage Bargaining, Labor Market Volatility, and Persistence," Economics Working Papers ECO2006/42, European University Institute.
    22. De Walque, Gregory & Pierrard, Olivier & Sneessens, Henri R. & Wouters, Raf, 2009. "Sequential Bargaining in a New-Keynesian Model with Frictional Unemployment and Staggered Wage Negotiation," IZA Discussion Papers 4059, Institute of Labor Economics (IZA).
    23. Gottfries, A. & Teulings, T., 2017. "Wage Posting, Nominal Rigidity, and Cyclical Inefficiencies," Cambridge Working Papers in Economics 1736, Faculty of Economics, University of Cambridge.
    24. Michael W. L. Elsby & Gary Solon, 2019. "How Prevalent Is Downward Rigidity in Nominal Wages? International Evidence from Payroll Records and Pay Slips," Journal of Economic Perspectives, American Economic Association, vol. 33(3), pages 185-201, Summer.
    25. Mark Bils & Yongsung Chang & Sun-Bin Kim, 2019. "How Sticky Wages In Existing Jobs Can Affect Hiring," Working Paper Series no118, Institute of Economic Research, Seoul National University.
    26. Lawrence J. Christiano & Martin S. Eichenbaum & Mathias Trabandt, 2016. "Unemployment and Business Cycles," Econometrica, Econometric Society, vol. 84, pages 1523-1569, July.
    27. Mei Dong & Toshiaki Shoji & Yuki Teranishi, 2021. "Product Cycles and Prices: a Search Foundation," Working Papers e161, Tokyo Center for Economic Research.
    28. Carlsson, Mikael & Eriksson, Stefan & Gottfries, Nils, 2006. "Testing Theories of Job Creation: Does Supply Create Its Own Demand?," Working Paper Series 2006:7, Uppsala University, Department of Economics, revised 23 Oct 2008.
    29. Cardullo, Gabriele & Guerrazzi, Marco, 2013. "The Cyclical Volatility of Equilibrium Unemployment and Vacancies: Evidence from Italy," MPRA Paper 51726, University Library of Munich, Germany.
    30. Sophocles Mavroeidis & James Malcomson, 2011. "Nash Bargaining, Credible Bargaining and Efficiency wages in a matching model for the US," 2011 Meeting Papers 776, Society for Economic Dynamics.
    31. Simon Jäger & Benjamin Schoefer & Josef Zweimüller, 2023. "Marginal Jobs and Job Surplus: A Test of the Efficiency of Separations," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 90(3), pages 1265-1303.
    32. Kai Christoffel & Keith Kuester & Tobias Linzert, 2009. "The role of labor markets for Euro area monetary policy," Working Papers 09-1, Federal Reserve Bank of Philadelphia.
    33. Moser, Christian & Blanco, Andres & Diaz de Astarloa, Bernardo & Drenik, Andres & Trupkin, Danilo, 2022. "The Evolution of the Earnings Distribution in a Volatile Economy: Evidence from Argentina," CEPR Discussion Papers 16118, C.E.P.R. Discussion Papers.
    34. James Costain & Marcel Jansen, 2006. "Employment Fluctuations with Downward Wage Rigidity," Computing in Economics and Finance 2006 204, Society for Computational Economics.
    35. Jens Rubart, 2006. "Dismissal Protection or Wage Flexibility," Computing in Economics and Finance 2006 406, Society for Computational Economics.
    36. Beauchemin, Kenneth & Tasci, Murat, 2014. "Diagnosing Labor Market Search Models: A Multiple-Shock Approach," Macroeconomic Dynamics, Cambridge University Press, vol. 18(3), pages 548-572, April.
    37. Anja Deelen, 2021. "Flexible Wages or Flexible Workers? A Decomposition of Wage Bill Adjustment by Dutch Firms, 2006–2013," De Economist, Springer, vol. 169(2), pages 179-209, May.
    38. Christopher A. Pissarides, 2007. "The Unemployment Volatility Puzzle: Is Wage Stickiness the Answer?," CEP Discussion Papers dp0839, Centre for Economic Performance, LSE.
    39. Thomas A. Lubik & Michael U. Krause, 2004. "On-the-job Search and Business Cycle Dynamics," Computing in Economics and Finance 2004 307, Society for Computational Economics.
    40. Brad J. Hershbein & Lisa B. Kahn, 2016. "Do Recessions Accelerate Routine-Biased Technological Change? Evidence from Vacancy Postings," Upjohn Working Papers 16-254, W.E. Upjohn Institute for Employment Research.
    41. Christian Haefke & Marcus Sonntag & Thijs van Rens, 2006. "Wage Rigidity and Job Creation," 2006 Meeting Papers 773, Society for Economic Dynamics.
    42. Jean-Olivier Hairault & François Langot & Sophie Osotimehin, 2010. "Matching frictions, unemployment dynamics and the cost of business cycles," Post-Print hal-00516832, HAL.
    43. Steven J. Davis & Till M. von Wachter, 2011. "Recessions and the Cost of Job Loss," NBER Working Papers 17638, National Bureau of Economic Research, Inc.
    44. Kuester, Keith & Gornemann, Nils & Nakajima, Makoto, 2016. "Doves for the Rich, Hawks for the Poor? Distributional Consequences of Monetary Policy," CEPR Discussion Papers 11233, C.E.P.R. Discussion Papers.
    45. Burcu Eyigungor, 2008. "Specific capital and vintage effects on the dynamics of unemployment and vacancies," Working Papers 08-6, Federal Reserve Bank of Philadelphia.
    46. Lisi, Gaetano, 2010. "The unemployment volatility puzzle: the role of the underground economy," MPRA Paper 22689, University Library of Munich, Germany.
    47. Guerrazzi, Marco, 2020. "Wage bargaining as an optimal control problem: A dynamic version of the efficient bargaining model," MPRA Paper 102012, University Library of Munich, Germany.
    48. Christoffel, Kai & Kuester, Keith, 2008. "Resuscitating the wage channel in models with unemployment fluctuations," Working Paper Series 923, European Central Bank.
    49. Imen Ben Mohamed & Marine Salès, 2015. "Credit imperfections, labor market frictions and unemployment: a DSGE approach," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01082491, HAL.
    50. Ravenna, Federico & Walsh, Carl E., 2012. "Monetary policy and labor market frictions: A tax interpretation," Journal of Monetary Economics, Elsevier, vol. 59(2), pages 180-195.
    51. Anja Deelen, 2019. "Flexible Wages or Flexible Workers?," CPB Discussion Paper 405, CPB Netherlands Bureau for Economic Policy Analysis.
    52. Davis, Steven J. & Krolikowski, Pawel M., 2023. "Sticky Wages on the Layoff Margin," IZA Discussion Papers 16351, Institute of Labor Economics (IZA).
    53. Peter Diamond, 2011. "Unemployment, Vacancies, Wages," American Economic Review, American Economic Association, vol. 101(4), pages 1045-1072, June.
    54. Alejandro Justiniano & Claudio Michelacci, 2011. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies in the US and Europe," NBER Working Papers 17429, National Bureau of Economic Research, Inc.
    55. Federico Ravenna & Carl E. Walsh, 2010. "The Welfare Consequences of Monetary Policy and the Role of the Labor Market: a Tax Interpretation," Cahiers de recherche 1028, CIRPEE.
    56. Marco Guerrazzi & Pier Giuseppe Giribone, 2021. "Dynamic wage bargaining and labour market fluctuations: the role of productivity shocks," SN Business & Economics, Springer, vol. 1(8), pages 1-20, August.
    57. Alejandro Justiniano & Claudio Michelacci, 2012. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies in the United States and Europe," NBER International Seminar on Macroeconomics, University of Chicago Press, vol. 8(1), pages 169-235.
    58. Helge Braun & Reinout De Bock & Riccardo DiCecio, 2009. "Supply shocks, demand shocks, and labor market fluctuations," Review, Federal Reserve Bank of St. Louis, vol. 91(May), pages 155-178.
    59. Maciej K. Dudek & ówna Handlowa, 2006. "On Artificial Structural Unemployment," Computing in Economics and Finance 2006 171, Society for Computational Economics.
    60. Nicolas Petrosky-Nadeau, 2009. "Credit, Vacancies and Unemployment Fluctuations," GSIA Working Papers 2009-E27, Carnegie Mellon University, Tepper School of Business.
    61. Gabriele Cardullo, 2010. "Matching Models Under Scrutiny: An Appraisal Of The Shimer Puzzle," Journal of Economic Surveys, Wiley Blackwell, vol. 24(4), pages 622-656, September.
    62. Shimer, Robert, 2012. "Wage rigidities and jobless recoveries," Journal of Monetary Economics, Elsevier, vol. 59(S), pages 65-77.
    63. Domenico Ferraro & Giuseppe Fiori, 2022. "Search Frictions, Labor Supply, and the Asymmetric Business Cycle," International Finance Discussion Papers 1355, Board of Governors of the Federal Reserve System (U.S.).
    64. Murat Tasci, 2006. "On-the-Job Search and Labor Market Reallocation," 2006 Meeting Papers 333, Society for Economic Dynamics.
    65. Li, Jia & Liao, Zhipeng, 2020. "Uniform nonparametric inference for time series," Journal of Econometrics, Elsevier, vol. 219(1), pages 38-51.
    66. James S. Costain & Michael Reiter, 2004. "Stabilization versus insurance: Welfare effects of procyclical taxation under incomplete markets," Economics Working Papers 890, Department of Economics and Business, Universitat Pompeu Fabra, revised Aug 2005.
    67. Buffie, Edward F., 2013. "The Taylor principle fights back, Part I," Journal of Economic Dynamics and Control, Elsevier, vol. 37(12), pages 2771-2795.
    68. Costain, James & Jansen, Marcel, 2009. "Employment Fluctuations with Downward Wage Rigidity: The Role of Moral Hazard," IZA Discussion Papers 4344, Institute of Labor Economics (IZA).
    69. Giulio, NICOLETTI & Olivier, PIERRARD, 2006. "Capital Market Frictions and the Business Cycle," Discussion Papers (ECON - Département des Sciences Economiques) 2006053, Université catholique de Louvain, Département des Sciences Economiques.
    70. Régis Barnichon, 2009. "The Shimer puzzle and the identification of productivity shocks," Finance and Economics Discussion Series 2009-04, Board of Governors of the Federal Reserve System (U.S.).
    71. Costain, James S. & Reiter, Michael, 2008. "Business cycles, unemployment insurance, and the calibration of matching models," Journal of Economic Dynamics and Control, Elsevier, vol. 32(4), pages 1120-1155, April.
    72. Mark Bils & Yongsung Chang & Sun-Bin Kim, 2009. "Comparative Advantage and Unemployment," NBER Working Papers 15030, National Bureau of Economic Research, Inc.
    73. Guerrazzi, Marco & Meccheri, Nicola, 2012. "From wage rigidity to labour market institution rigidity: A turning-point in explaining unemployment?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 41(2), pages 189-197.
    74. Mark Gertler & Luca Sala & Antonella Trigari, 2008. "An Estimated Monetary DSGE Model with Unemployment and Staggered Nominal Wage Bargaining," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(8), pages 1713-1764, December.
    75. Yongsung Chang & Sun-Bin Kim & Mark Bils, 2007. "Comparative Advantage in Cyclical Unemployment," 2007 Meeting Papers 508, Society for Economic Dynamics.
    76. Michael W. L. Elsby, 2008. "Marginal Jobs, Heterogeneous Firms, & Unemployment Flows," NBER Working Papers 13777, National Bureau of Economic Research, Inc.
    77. Ippei Fujiwara & Kazuo Fukuda & Ichiro Muto & Yosuke Shigemi & Wataru Takahashi, 2008. "Frontiers in Monetary Theory and Policy: Summary of the 2008 International Conference Organized by the Institute for Monetary and Economic Studies of the Bank of Japan," IMES Discussion Paper Series 08-E-18, Institute for Monetary and Economic Studies, Bank of Japan.
    78. Malcomson, James & Mavroeidis, Sophocles, 2015. "Bargaining and Wage Rigidity in a Matching Model for the US," IZA Discussion Papers 8806, Institute of Labor Economics (IZA).
    79. Harashima, Taiji, 2009. "Depression as a Nash Equilibrium Consisting of Strategies of Choosing a Pareto Inefficient Transition Path," MPRA Paper 18953, University Library of Munich, Germany.
    80. Aursland, Thor Andreas & Frankovic, Ivan & Kanik, Birol & Saxegaard, Magnus, 2020. "State-dependent fiscal multipliers in NORA - A DSGE model for fiscal policy analysis in Norway," Economic Modelling, Elsevier, vol. 93(C), pages 321-353.
    81. Lei Fang & Pedro Silos, 2012. "Wages and unemployment across business cycles: a high-frequency investigation," FRB Atlanta Working Paper 2012-16, Federal Reserve Bank of Atlanta.
    82. Andreas Hornstein & Per Krusell & Giovanni L. Violante, 2005. "Unemployment and vacancy fluctuations in the matching model: inspecting the mechanism," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 91(Sum), pages 19-50.
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    89. Kahn, Lisa B. & McEntarfer, Erika, 2014. "Employment Cyclicality and Firm Quality," IZA Discussion Papers 8646, Institute of Labor Economics (IZA).
    90. Manuel Toledo & Jose I. Silva, 2005. "Labor Turnover Costs and the Cyclical Behavior of Vacancies and Unemployment," 2005 Meeting Papers 775, Society for Economic Dynamics.
    91. Makoto Nakajima, 2013. "Monetary Policy with Heterogeneous Agents," 2013 Meeting Papers 356, Society for Economic Dynamics.
    92. Yusuf Mercan & Benjamin Schoefer & Petr SedlÃ¡Ä ek, 2020. "A Congestion Theory of Unemployment Fluctuations," Economics Series Working Papers 927, University of Oxford, Department of Economics.
    93. Kfir Eliaz & Ran Spiegler, 2013. "Reference Dependence and Labor Market Fluctuations," NBER Chapters, in: NBER Macroeconomics Annual 2013, Volume 28, pages 159-200, National Bureau of Economic Research, Inc.
    94. Kai Christoffel & Tobias Linzert, 2010. "The Role of Real Wage Rigidity and Labor Market Frictions for Inflation Persistence," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(7), pages 1435-1446, October.
    95. Teulings, Coen & Gottfries, Axel, 2017. "Wage posting, nominal rigidity, and cyclical inefficiencies," CEPR Discussion Papers 12316, C.E.P.R. Discussion Papers.
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    97. Robert E. Hall, 2006. "Job Loss, Job Finding and Unemployment in the US Economy over the Past Fifty Years," NBER Chapters, in: NBER Macroeconomics Annual 2005, Volume 20, pages 101-166, National Bureau of Economic Research, Inc.
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    99. Auray, Stéphane & Danthine, Samuel, 2005. "Bargaining Frictions and Hours Worked," IZA Discussion Papers 1722, Institute of Labor Economics (IZA).
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    102. Jung, Euiyoung, 2023. "Wage rigidity and destabilizing spirals," Journal of Macroeconomics, Elsevier, vol. 77(C).
    103. Kangwoo Park, 2007. "Labor-Market Implications of Contracts under Moral Hazard," 2007 Meeting Papers 277, Society for Economic Dynamics.
    104. Imen Ben Mohamed & Marine Salès, 2015. "Credit imperfections, labor market frictions and unemployment: a DSGE approach," Working Papers hal-01082491, HAL.
    105. Gallen, Trevor S., 2018. "Is the labor wedge due to rigid wages? Evidence from the self-employed," Journal of Macroeconomics, Elsevier, vol. 55(C), pages 184-198.
    106. Holden, Steinar & Wulfsberg, Fredrik, 2009. "How strong is the macroeconomic case for downward real wage rigidity?," Journal of Monetary Economics, Elsevier, vol. 56(4), pages 605-615, May.
    107. Michael W. L. Elsby & Ryan Michaels & David Ratner, 2015. "The Beveridge Curve: A Survey," Journal of Economic Literature, American Economic Association, vol. 53(3), pages 571-630, September.
    108. Kudlyak, Marianna, 2014. "The cyclicality of the user cost of labor," Journal of Monetary Economics, Elsevier, vol. 68(C), pages 53-67.
    109. Yongsung Chang & Sun-Bin Kim & Mark Bils, 2009. "Comparative Advantage and Aggregate Unemployment," 2009 Meeting Papers 11, Society for Economic Dynamics.
    110. Martins, Pedro S. & Solon, Gary & Thomas, Jonathan P., 2010. "Measuring What Employers Really Do about Entry Wages over the Business Cycle," IZA Discussion Papers 4757, Institute of Labor Economics (IZA).
    111. Harashima, Taiji, 2011. "A Mechanism of Cyclical Volatility in the Vacancy-Unemployment Ratio: What Is the Source of Rigidity?," MPRA Paper 32476, University Library of Munich, Germany.
    112. Bauer, Christian & Lingens, Jörg, 2010. "Individual vs. Collective Bargaining in the Large Firm Search Model," Discussion Papers in Economics 11315, University of Munich, Department of Economics.
    113. Pedro S. Martins & Gary Solon & Jonathan P. Thomas, 2012. "Measuring What Employers Do about Entry Wages over the Business Cycle: A New Approach," American Economic Journal: Macroeconomics, American Economic Association, vol. 4(4), pages 36-55, October.
    114. Carl E. Walsh & Federico Ravenna, 2010. "Business Cycles and Labor Market Flows with Sequential Screening," 2010 Meeting Papers 571, Society for Economic Dynamics.
    115. Federico Ravenna & Carl E. Walsh, 2009. "The welfare consequences of monetary policy," Working Paper Series 2009-12, Federal Reserve Bank of San Francisco.
    116. Bjoern Bruegemann & Giuseppe Moscarini, 2007. "Rent Rigidity, Asymmetric Information, and Volatility Bounds in Labor Markets," NBER Working Papers 13030, National Bureau of Economic Research, Inc.
    117. Rogerson, Richard & Shimer, Robert, 2011. "Search in Macroeconomic Models of the Labor Market," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 7, pages Pages: 61, Elsevier.
    118. Masanori Kashiwagi, 2018. "The Welfare Consequences Of A Quantitative Search And Matching Approach To The Labor Market," Bulletin of Economic Research, Wiley Blackwell, vol. 70(4), pages 423-442, October.
    119. Johannes F. Schmieder & Till von Wachter, 2010. "Does Wage Persistence Matter for Employment Fluctuations? Evidence from Displaced Workers," American Economic Journal: Applied Economics, American Economic Association, vol. 2(3), pages 1-21, July.
    120. Domenico Ferraro, 2023. "Fast Rises, Slow Declines: Asymmetric Unemployment Dynamics with Matching Frictions," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 55(2-3), pages 349-378, March.
    121. Stüber, Heiko, 2012. "Are real entry wages rigid over the business cycle? : Empirical evidence for Germany from 1977 to 2009," IAB-Discussion Paper 201206, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    122. Robert E. Hall, 2017. "High Discounts and High Unemployment," American Economic Review, American Economic Association, vol. 107(2), pages 305-330, February.
    123. Robert E. Hall, 2011. "Clashing Theories of Unemployment," NBER Working Papers 17179, National Bureau of Economic Research, Inc.
    124. Yaniv Yedid-Levi & Nir Jaimovic & Henry Siu & Martin Gervais, 2011. "What Should I Be When I Grow Up? Occupations and Employment over the Life Cycle and Business Cycle," 2011 Meeting Papers 893, Society for Economic Dynamics.
    125. Morin, Annaïg, 2017. "Cyclicality of wages and union power," Labour Economics, Elsevier, vol. 48(C), pages 1-22.
    126. Koursaros, Demetris, 2017. "Labor market dynamics when (un)employment is a social norm," Journal of Economic Behavior & Organization, Elsevier, vol. 134(C), pages 96-116.
    127. Hazell, Jonathon & Taska, Bledi, 2023. "Downward Rigidity in the Wage for New Hires," IZA Discussion Papers 16512, Institute of Labor Economics (IZA).

  25. Robert Shimer, 2003. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies: Evidence and Theory," NBER Working Papers 9536, National Bureau of Economic Research, Inc.

    Cited by:

    1. Faia, Ester, 2006. "Optimal monetary policy rules with labor market frictions," Working Paper Series 698, European Central Bank.
    2. Fang Yao, 2008. "Lumpy Labor Adjustment as a Propagation Mechanism of Business Cycles," SFB 649 Discussion Papers SFB649DP2008-022, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
    3. Michael U. Krause & Thomas A. Lubik, 2006. "On-the-Job Search and the Cyclical Dynamics of the Labor Market," Computing in Economics and Finance 2006 455, Society for Computational Economics.
    4. François Le Grand & Xavier Ragot, 2020. "Managing Inequality over Business Cycles: Optimal Policies with Heterogeneous Agents and Aggregate Shocks," Sciences Po publications 2020-10, Sciences Po.
    5. Krause, Michael U. & Lubik, Thomas A., 2007. "The (ir)relevance of real wage rigidity in the New Keynesian model with search frictions," Journal of Monetary Economics, Elsevier, vol. 54(3), pages 706-727, April.
    6. Moyen, S. & Sahuc, J-G., 2004. "Incorporating Labour Market Frictions into an Optimising-Based Monetary Policy Model," Working papers 105, Banque de France.
    7. Cornelißen, Thomas & Hübler, Olaf & Schneck, Stefan, 2007. "Cyclical Effects on Job-to-Job Mobility: An Aggregated Analysis on Microeconomic Data," Hannover Economic Papers (HEP) dp-371, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    8. Roger E. A. Farmer, 2005. "Shooting the Auctioneer," 2005 Meeting Papers 26, Society for Economic Dynamics.
    9. Rolando Einar Paz Rodriguez, 2019. "La función de emparejamiento agregada del mercado laboral chileno," Revista de Analisis Economico – Economic Analysis Review, Universidad Alberto Hurtado/School of Economics and Business, vol. 34(1), pages 85-110, April.
    10. Kenneth Beauchemin & Murat Tasci, 2005. "On the Cyclicality of Labor Market Mismatch and Aggregate Employment Flows," Discussion Papers 05-01, University at Albany, SUNY, Department of Economics.
    11. Garibaldi, Pietro & Wasmer, Etienne, 2003. "Equilibrium Search Unemployment, Endogenous Participation and Labour Market Flows," CEPR Discussion Papers 3986, C.E.P.R. Discussion Papers.
    12. Faia, Ester, 2007. "Ramsey monetary policy with labour market frictions," Working Paper Series 707, European Central Bank.
    13. Gerke, Rafael & Rubart, Jens, 2009. "Search Unemployment in a Dynamic New Keynesian Model of the Business Cycle," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 77569, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    14. Faia, Ester & Campolmi, Alessia, 2006. "Cyclical inflation divergence and different labor market institutions in the EMU," Working Paper Series 619, European Central Bank.
    15. Costain, James S. & Reiter, Michael, 2008. "Business cycles, unemployment insurance, and the calibration of matching models," Journal of Economic Dynamics and Control, Elsevier, vol. 32(4), pages 1120-1155, April.
    16. Wesselbaum, Dennis, 2009. "Firing costs in a New Keynesian model with endogenous separations," Kiel Working Papers 1550, Kiel Institute for the World Economy (IfW Kiel).
    17. Robert E. Hall, 2003. "Wage Determination and Employment Fluctuations," NBER Working Papers 9967, National Bureau of Economic Research, Inc.
    18. Faccini, Renato & Ortigueira, Salvador, 2010. "Labor-market volatility in the search-and-matching model: The role of investment-specific technology shocks," Journal of Economic Dynamics and Control, Elsevier, vol. 34(8), pages 1509-1527, August.
    19. Ester Faia & Alessia Campolmi, 2005. "Inflation Differentials and Different Labor Market Institutions in the EMU," Money Macro and Finance (MMF) Research Group Conference 2005 80, Money Macro and Finance Research Group.
    20. Robert Shimer, 2004. "The Consequences of Rigid Wages in Search Models," NBER Working Papers 10326, National Bureau of Economic Research, Inc.
    21. Adrian Masters & Melvyn Coles, 2004. "Duration Dependent Unemployment Insurance and Stabilisation Policy," Discussion Papers 04-10, University at Albany, SUNY, Department of Economics.
    22. Renato Faccini, 2014. "Reassessing Labour Market Reforms: Temporary Contracts as a Screening Device," Economic Journal, Royal Economic Society, vol. 124(575), pages 167-200, March.
    23. Hie Joo Ahn & Ling Shao, 2017. "Precautionary On-the-Job Search over the Business Cycle," Finance and Economics Discussion Series 2017-025, Board of Governors of the Federal Reserve System (U.S.).
    24. Marco Del Negro, 2005. "Aggregate unemployment in Krusell and Smith’s economy: a note," FRB Atlanta Working Paper 2005-06, Federal Reserve Bank of Atlanta.

  26. Robert Shimer, 2001. "The Assignment of Workers to Jobs In an Economy with Coordination Frictions," NBER Working Papers 8501, National Bureau of Economic Research, Inc.

    Cited by:

    1. Xiaoming Cai & Pieter A. Gautier & Ronald P. Wolthoff, 2021. "Search, Screening and Sorting," CESifo Working Paper Series 9158, CESifo.
    2. Kennes, John & le Maire, Daniel & Roelsgaard, Sebastian T., 2020. "Equivalence of canonical matching models," Games and Economic Behavior, Elsevier, vol. 124(C), pages 169-182.
    3. Philippe Jehiel & Laurent Lamy, 2017. "A mechanism design approach to the Tiebout hypothesis," PSE Working Papers halshs-01557585, HAL.
    4. Waters, George A., 2013. "Quantity rationing of credit and the Phillips curve," Journal of Macroeconomics, Elsevier, vol. 37(C), pages 68-80.
    5. Galenianos, Manolis & Kirchner, Philipp A., 2005. "Directed Search with Multiple Job Applications," Bonn Econ Discussion Papers 20/2005, University of Bonn, Bonn Graduate School of Economics (BGSE).
    6. Bruno Decreuse & André Zylberberg, 2011. "Search Intensity, Directed Search, And The Wage Distribution," Journal of the European Economic Association, European Economic Association, vol. 9(6), pages 1168-1186, December.
    7. Galenianos, Manolis & Kircher, Philipp, 2012. "On the game-theoretic foundations of competitive search equilibrium," LSE Research Online Documents on Economics 29707, London School of Economics and Political Science, LSE Library.
    8. Jarosch, Gregor & Nimczik, Jan Sebastian, 2019. "Granular Search, Market Structure, and Wages," CEPR Discussion Papers 14231, C.E.P.R. Discussion Papers.
    9. Simon D. Woodcock, 2007. "Match Effects," Discussion Papers dp07-13, Department of Economics, Simon Fraser University.
    10. Steinbacher, Matej & Steinbacher, Matjaz & Steinbacher, Mitja, 2009. "A Repeated Game Heterogeneous-Agent Wage-Posting Model," MPRA Paper 16706, University Library of Munich, Germany.
    11. Shouyong Shi, 2013. "Customer Relationship and Sales," 2013 Meeting Papers 88, Society for Economic Dynamics.
    12. Cristian Bartolucci & Francesco Devicienti & Ignacio Monzon, 2015. "Identifying Sorting in Practice," Carlo Alberto Notebooks 431, Collegio Carlo Alberto.
    13. Joonbae Lee & Hanna Wang, 2021. "Ranking and Search Effort in Matching," Working Papers 1242, Barcelona School of Economics.
    14. Francesco Devicienti & Cristian Bartolucci, 2013. "Better Workers Move to Better Firms: A Simple Test to Identify Sorting," 2013 Meeting Papers 249, Society for Economic Dynamics.
    15. Claudio Michelacci & Hernán Ruffo, 2015. "Optimal Life Cycle Unemployment Insurance," American Economic Review, American Economic Association, vol. 105(2), pages 816-859, February.
    16. Blázquez, Maite & Jansen, Marcel, 2008. "Search, mismatch and unemployment," European Economic Review, Elsevier, vol. 52(3), pages 498-526, April.
    17. Katsuya Takii, 2007. "The Persistence of Differences in Productivity, Wages, Skill Mixes and Profits Between Firms," OSIPP Discussion Paper 07E002, Osaka School of International Public Policy, Osaka University.
    18. Shouyong Shi, 2009. "Directed Search for Equilibrium Wage-Tenure Contracts," Econometrica, Econometric Society, vol. 77(2), pages 561-584, March.
    19. Philipp Kircher & Leo Kaas, 2010. "Efficient Firm Dynamics in a Frictional Labor Market," 2010 Meeting Papers 89, Society for Economic Dynamics.
    20. Ioana Marinescu & Ronald Wolthoff, 2016. "Opening the Black Box of the Matching Function: the Power of Words," NBER Working Papers 22508, National Bureau of Economic Research, Inc.
    21. Jacquet, Nicolas L. & Tan, Serene, 2012. "Wage-vacancy contracts and coordination frictions," Journal of Economic Theory, Elsevier, vol. 147(3), pages 1064-1104.
    22. Leland D. Crane, 2014. "Firm Dynamics and Assortative Matching," Working Papers 14-25, Center for Economic Studies, U.S. Census Bureau.
    23. Jacob Wong, 2012. "Aggregate Reallocation Shocks and the Dynamics of Occupational Mobility and Wage Inequality," School of Economics and Public Policy Working Papers 2012-04, University of Adelaide, School of Economics and Public Policy.
    24. Yannis M. Ioannides, 2005. "Random Graphs and Social Networks: An Economics Perspective," Discussion Papers Series, Department of Economics, Tufts University 0518, Department of Economics, Tufts University.
    25. Webber, Douglas A., 2013. "Firm Market Power and the Earnings Distribution," IZA Discussion Papers 7342, Institute of Labor Economics (IZA).
    26. Shuaizhang Feng & Lars Lefgren & Brennan C. Platt & Bingyong Zheng, 2019. "Job search under asymmetric information: endogenous wage dispersion and unemployment stigma," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 67(4), pages 817-851, June.
    27. John Kennes & John Knowles, 2015. "Liberalization of Birth Control and the Unmarried Share of Births. Evidence from Single Mothers in the Marriage Market," Economics Working Papers 2015-25, Department of Economics and Business Economics, Aarhus University.
    28. Benjamin Lester & Ludo Visschers & Ronald Wolthoff, 2014. "Meeting Technologies and Optimal Trading Mechanisms in Competitive Search Markets," Edinburgh School of Economics Discussion Paper Series 242, Edinburgh School of Economics, University of Edinburgh.
    29. Cebreros Alfonso, 2018. "Labor Heterogeneity and the Pattern of Trade," Working Papers 2018-01, Banco de México.
    30. Jansen, Marcel, 2010. "Job auctions and hold-ups," Labour Economics, Elsevier, vol. 17(3), pages 608-619, June.
    31. Pravin Krishna & Jennifer P. Poole & Mine Zeynep Senses, 2011. "Wage Effects of Trade Reform with Endogenous Worker Mobility," NBER Working Papers 17256, National Bureau of Economic Research, Inc.
    32. Michael Sattinger, 2003. "Price Dispersion and Short Run Equilibrium in a Queuing Model," Discussion Papers 03-09, University at Albany, SUNY, Department of Economics.
    33. Gautier, Pieter A. & Wolthoff, Ronald P., 2006. "Simultaneous Search with Heterogeneous Firms and Ex Post Competition," IZA Discussion Papers 2056, Institute of Labor Economics (IZA).
    34. Gene M. Grossman & Elhanan Helpman & Philipp Kircher, 2013. "Matching and Sorting in a Global Economy," Edinburgh School of Economics Discussion Paper Series 227, Edinburgh School of Economics, University of Edinburgh.
    35. Xiangbo Liu & Theodore Palivos & Xiaomeng Zhang, 2017. "Immigration, Skill Heterogeneity, And Qualification Mismatch," Economic Inquiry, Western Economic Association International, vol. 55(3), pages 1231-1264, July.
    36. Selcuk, Cemil & Gokpinar, Bilal, 2017. "Fixed vs. Flexible Pricing in a Competitive Market," Cardiff Economics Working Papers E2017/9, Cardiff University, Cardiff Business School, Economics Section.
    37. Bruno Crépon & Muriel Dejemeppe & Marc Gurgand, 2005. "Counseling the unemployed: does it lower unemployment duration and recurrence?," PSE Working Papers halshs-00590769, HAL.
    38. Neele Balke & Thibaut Lamadon, 2020. "Productivity Shocks, Long-Term Contracts and Earnings Dynamics," Working Papers 2020-160, Becker Friedman Institute for Research In Economics.
    39. Peters, Michael, 2005. "Unobservable Heterogeneity in Directed Search," Microeconomics.ca working papers peters-05-06-13-01-50-30, Vancouver School of Economics, revised 16 Oct 2009.
    40. Banfi, Stefano & Choi, Sekyu & Villena-Roldán, Benjamin, 2019. "Sorting On-line and On-time," MPRA Paper 91763, University Library of Munich, Germany.
    41. Mikhail Golosov & Pricila Maziero & Guido Menzio, 2012. "Taxation and Redistribution of Residual Income Inequality," NBER Working Papers 18151, National Bureau of Economic Research, Inc.
    42. Seungjin Han & Shintaro Yamaguchi, 2012. "Compensating Wage Differentials in Stable Job Matching Equilibrium," Department of Economics Working Papers 2012-01, McMaster University, revised Feb 2013.
    43. Deniz Selman, 2011. "Coordination Frictions and Heterogeneity in Markets with Bidding," Working Papers 2011/08, Bogazici University, Department of Economics.
    44. Joel Shapiro, 2003. "Wage Inequality in a Frictional Labor Market," Working Papers 94, Barcelona School of Economics.
    45. Cai, Xiaoming & Gautier, Pieter A. & Wolthoff, Ronald P., 2017. "Search frictions, competing mechanisms and optimal market segmentation," Journal of Economic Theory, Elsevier, vol. 169(C), pages 453-473.
    46. Mendolicchio, Concetta & Paolini, Dimitri & Pietra, Tito, 2012. "Investments in education and welfare in a two-sector, random matching economy," Journal of Mathematical Economics, Elsevier, vol. 48(6), pages 367-385.
    47. Claudio Michelacci & Javier Suarez, 2006. "Incomplete Wage Posting," Journal of Political Economy, University of Chicago Press, vol. 114(6), pages 1098-1123, December.
    48. Hideo Konishi & Margarita Sapozhnikov, 2006. "Decentralized Matching Markets with Endogenous Salaries," Boston College Working Papers in Economics 654, Boston College Department of Economics, revised 03 Jan 2008.
    49. Spiros Bougheas & Carl Davidson & Richard Upward & Peter Wright, 2008. "Structural Adjustment, Turnover and Career Mobility," Discussion Papers 08/23, University of Nottingham, GEP.
    50. Eeckhout, Jan & Sepahsalari, Alireza, 2021. "The Effect of Wealth on Worker Productivity," CEPR Discussion Papers 16547, C.E.P.R. Discussion Papers.
    51. Philipp Kircher & Jan Eeckhout, 2008. "Prices as Optimal Competitive Sales Mechanisms," 2008 Meeting Papers 504, Society for Economic Dynamics.
    52. Barth, Erling & Bratsberg, Bernt & Raaum, Oddbjørn, 2012. "Immigrant wage profiles within and between establishments," Labour Economics, Elsevier, vol. 19(4), pages 541-556.
    53. Winter-Ebmer, Rudolf & Böheim, René & Horvath, Gerard Thomas, 2010. "Great Expectations: Past Wages and Unemployment Durations," CEPR Discussion Papers 7974, C.E.P.R. Discussion Papers.
    54. Semih Tumen, 2016. "Informal versus formal search: Which yields better pay?," International Journal of Economic Theory, The International Society for Economic Theory, vol. 12(3), pages 257-277, September.
    55. John M. Abowd & Francis Kramarz & Sebastien Perez-Duarte & Ian M. Schmutte, 2017. "Sorting Between and Within Industries: A Testable Model of Assortative Matching," Working Papers 17-43, Center for Economic Studies, U.S. Census Bureau.
    56. Pizzo, Alessandra & Villena-Roldán, Benjamin, 2024. "Labor markets, wage Inequality, and hiring selection," MPRA Paper 120281, University Library of Munich, Germany.
    57. Trine Filges & John Kennes & Torban Tranaes, 2006. "Social Preferences and Labor Market Policy," 2006 Meeting Papers 562, Society for Economic Dynamics.
    58. Basov, Suren & King, Ian & Uren, Lawrence, 2014. "Worker heterogeneity, the job-finding rate, and technical change," European Economic Review, Elsevier, vol. 70(C), pages 159-177.
    59. Joop Hartog & Michael Sattinger, 2012. "Nash Bargaining and the Wage Consequences of Educational Mismatches," Tinbergen Institute Discussion Papers 12-129/V, Tinbergen Institute.
    60. Jan Eeckhout & Philipp Kircher, 2008. "Sorting and Decentralized Price Competition," PIER Working Paper Archive 08-020, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    61. John Kennes & Daniel le Maire, 2013. "Competing Auctions of Skills," CAM Working Papers 2014_01, University of Copenhagen. Department of Economics. Centre for Applied Microeconometrics.
    62. Philipp Kircher, 2009. "Efficiency of Simultaneous Search," Journal of Political Economy, University of Chicago Press, vol. 117(5), pages 861-913, October.
    63. Xiaoming Cai & Pieter Gautier & Ronald Wolthoff, 2023. "Meetings And Mechanisms," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(1), pages 155-185, February.
    64. Silvio Sticher, 2013. "Selection upon Wage Posting," Diskussionsschriften dp1311, Universitaet Bern, Departement Volkswirtschaft.
    65. Moritz Ritter, 2015. "Trade and inequality in a directed search model with firm and worker heterogeneity," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 48(5), pages 1902-1916, December.
    66. Sasser Modestino, Alicia & Shoag, Daniel & Ballance, Joshua, 2016. "Downskilling: Changes in Employer Skill Requirements over the Business Cycle," Working Paper Series 16-014, Harvard University, John F. Kennedy School of Government.
    67. Schmutte, Ian M., 2014. "Free to Move? A Network Analytic Approach for Learning the Limits to Job Mobility," Labour Economics, Elsevier, vol. 29(C), pages 49-61.
    68. Jan Eeckhout, 2012. "Matching Information," 2012 Meeting Papers 835, Society for Economic Dynamics.
    69. Bradley, Jake, 2022. "Worker-Firm Screening and the Business Cycle," IZA Discussion Papers 15017, Institute of Labor Economics (IZA).
    70. Philipp Kircher, 2007. "Efficiency of Directed Search," 2007 Meeting Papers 93, Society for Economic Dynamics.
    71. Paulina Restrepo-Echavarria & Antonella Tutino & Anton Cheremukhin, 2012. "The Assignment of Workers to Jobs with Endogenous Information Selection," 2012 Meeting Papers 164, Society for Economic Dynamics.
    72. Georgios Angelis & Yann Bramoullé, 2023. "The Matching Function: A Unified Look into the Black Box," Working Papers hal-04136688, HAL.
    73. Jerez, Belén, 2014. "Competitive equilibrium with search frictions: A general equilibrium approach," Journal of Economic Theory, Elsevier, vol. 153(C), pages 252-286.
    74. Michael Sattinger, 2003. "A Search Version of the Roy Model," Discussion Papers 03-08, University at Albany, SUNY, Department of Economics.
    75. Auster, Sarah & Gottardi, Piero, 2019. "Competing mechanisms in markets for lemons," Theoretical Economics, Econometric Society, vol. 14(3), July.
    76. Galenianos, Manolis & Kircher, Philipp & Virag, Gabor, 2011. "Market power and efficiency in a search model," LSE Research Online Documents on Economics 29706, London School of Economics and Political Science, LSE Library.
    77. Torres, Sónia & Portugal, Pedro & Addison, John T. & Guimaraes, Paulo, 2013. "The Sources of Wage Variation: A Three-Way High-Dimensional Fixed Effects Regression Model," IZA Discussion Papers 7276, Institute of Labor Economics (IZA).
    78. Coen N. Teulings & Pieter A. Gautier, 2004. "The Right Man for the Job," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 71(2), pages 553-580.
    79. Suren Basov & John Ian King & Lawrence Uren, 2010. "The Employed, the Unemployed, and the Unemployable: Directed Search with Worker Heterogeneity," Working Papers 2010.03, School of Economics, La Trobe University.
    80. Schüssler, Reinhard & Seidel, Christian, 2010. "Gale Shapley auf dem Arbeitsmarkt," EconStor Preprints 55829, ZBW - Leibniz Information Centre for Economics.
    81. Torben Sørensen & Rune Vejlin, 2013. "The importance of worker, firm and match effects in the formation of wages," Empirical Economics, Springer, vol. 45(1), pages 435-464, August.
    82. Yashiv, Eran & Moen, Espen R., 2013. "Worker Matching and Firm Value," CEPR Discussion Papers 9375, C.E.P.R. Discussion Papers.
    83. Gabriele Camera & Marco Casari, 2007. "Cooperation among strangers: an experiment with indefinite interaction," Purdue University Economics Working Papers 1201, Purdue University, Department of Economics.
    84. John Kennes, 2006. "Competitive Auctions: Theory and Application," Contributions to Economic Analysis, in: Structural Models of Wage and Employment Dynamics, pages 145-168, Emerald Group Publishing Limited.
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    86. Davoodalhosseini, Seyed Mohammadreza, 2022. "Optimal taxation in asset markets with adverse selection," European Economic Review, Elsevier, vol. 147(C).
    87. Thibaut Lamadon, 2014. "Productivity Shocks, Dynamic Contracts and Income Uncertainty," 2014 Meeting Papers 243, Society for Economic Dynamics.
    88. Thomas Lemieux & W. Bentley MacLeod & Daniel Parent, 2007. "Performance Pay and Wage Inequality," NBER Working Papers 13128, National Bureau of Economic Research, Inc.
    89. Hartmut Egger & Michael Koch, 2013. "Trade and the Firm-Internal Allocation of Workers to Tasks," Working Papers 139, Bavarian Graduate Program in Economics (BGPE).
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    91. Schmieder, Johannes F., 2023. "Establishment age and wages," Journal of Econometrics, Elsevier, vol. 233(2), pages 424-442.
    92. Sarah Auster & Piero Gottardi, 2022. "Sorting versus Screening in Decentralized Markets with Adverse Selection," ECONtribute Discussion Papers Series 180, University of Bonn and University of Cologne, Germany.
    93. Fabrice Collard & Jacob Wong, 2011. "A Dynamic Model of Occupational Mobility, Structural Unemployment, Average Labour Productivity and Wage Dispersion," 2011 Meeting Papers 821, Society for Economic Dynamics.
    94. Favilukis, Jack & Lin, Xiaoji, 2012. "Wage Rigidity: A Solution to Several Asset Pricing Puzzles," Working Paper Series 2012-16, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
    95. Chaudhary, Amit, 2021. "Do workers, managers, and stations matter for effective policing? A decomposition of productivity into three dimensions of unobserved heterogeneity," The Warwick Economics Research Paper Series (TWERPS) 1377, University of Warwick, Department of Economics.
    96. Tzuo Hann Law & Iourii Manovskii & Marcus Hagedorn, 2014. "Identifying Equilibrium Models of Labor Market Sorting," 2014 Meeting Papers 896, Society for Economic Dynamics.
    97. Eeckhout, Jan & Kircher, Philipp, 2009. "Identifying Sorting: In Theory," IZA Discussion Papers 4004, Institute of Labor Economics (IZA).
    98. T. Tony Ke & Yuting Zhu, 2021. "Cheap Talk on Freelance Platforms," Management Science, INFORMS, vol. 67(9), pages 5901-5920, September.
    99. Gautier, Pieter A. & Holzner, Christian, 2011. "Simultaneous Search and Network Efficiency," IZA Discussion Papers 5859, Institute of Labor Economics (IZA).
    100. Paulina Restrepo-Echavarria & Antonella Tutino & Anton Cheremukhin, 2017. "Targeted Search in Matching Markets," 2017 Meeting Papers 1413, Society for Economic Dynamics.
    101. John Abowd & Francis Kramarz & Sebastien Perez-Duarte & Ian Schmutte, 2009. "A Formal Test of Assortative Matching in the Labor Market," Working Papers 09-40, Center for Economic Studies, U.S. Census Bureau.
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    104. Eeckhout, Jan & Kircher, Philipp, 2010. "Sorting versus screening: search frictions and competing mechanisms," LSE Research Online Documents on Economics 29704, London School of Economics and Political Science, LSE Library.
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  27. Katharine G. Abraham & Robert Shimer, 2001. "Changes in Unemployment Duration and Labor Force Attachment," NBER Working Papers 8513, National Bureau of Economic Research, Inc.

    Cited by:

    1. Güell, Maia & Hu, Luojia, 2003. "Estimating the Probability of Leaving Unemployment Using Uncompleted Spells from Repeated Cross-Section Data," CEPR Discussion Papers 3957, C.E.P.R. Discussion Papers.
    2. Kyle F. Herkenhoff, 2018. "The Impact of Consumer Credit Access on Unemployment," NBER Working Papers 25187, National Bureau of Economic Research, Inc.
    3. Azmat, Ghazala & Guell, Maia & Manning, Alan, 2004. "Gender gaps in unemployment rates in OECD countries," LSE Research Online Documents on Economics 19995, London School of Economics and Political Science, LSE Library.
    4. Euiyoung Jung, 2021. "On the design of labor market programs as stabilization policies," PSE Working Papers halshs-03243698, HAL.
    5. Fairlie, Robert, 2016. "Racial Differences in Labor Market Transitions and the Great Recession," Santa Cruz Department of Economics, Working Paper Series qt4542h7rq, Department of Economics, UC Santa Cruz.
    6. Euiyoung Jung, 2021. "Rigid Wages, Endogenous Job Destruction, and Destabilizing Spirals," Working Papers halshs-03213006, HAL.
    7. Murat Tasci, 2012. "The ins and outs of unemployment in the long run: unemployment flows and the natural rate," Working Papers (Old Series) 1224, Federal Reserve Bank of Cleveland.
    8. Gary Solon & Ryan Michaels & Michael W. L. Elsby, 2009. "The Ins and Outs of Cyclical Unemployment," American Economic Journal: Macroeconomics, American Economic Association, vol. 1(1), pages 84-110, January.
    9. Garibaldi, Pietro & Wasmer, Etienne, 2001. "Labor Market Flows and Equilibrium Search Unemployment," IZA Discussion Papers 406, Institute of Labor Economics (IZA).
    10. Guido Menzio & Irina Telyukova & Ludo Visschers, 2016. "Directed Search over the Life Cycle," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 19, pages 38-62, January.
    11. Ronald Bachmann & Mathias Sinning, 2016. "Decomposing the Ins and Outs of Cyclical Unemployment," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 78(6), pages 853-876, December.
    12. Michael W. Elsby & Bart Hobijn & Aysegul Sahin, 2010. "The Labor Market in the Great Recession," NBER Working Papers 15979, National Bureau of Economic Research, Inc.
    13. António Rua & Pedro Portugal, 2017. "Zooming the Ins and Outs of the U.S. Unemployment," Working Papers w201703, Banco de Portugal, Economics and Research Department.
    14. Michael T. Kiley, 2014. "An Evaluation of the Inflationary Pressure Associated with Short- and Long-term Unemployment," Finance and Economics Discussion Series 2014-28, Board of Governors of the Federal Reserve System (U.S.).
    15. Murat Tasci, 2010. "The ins and outs of unemployment in the long run: a new estimate for the natural rate?," Working Papers (Old Series) 1017, Federal Reserve Bank of Cleveland.
    16. Hie Joo Ahn, 2016. "The Role of Observed and Unobserved Heterogeneity in the Duration of Unemployment Spells," Finance and Economics Discussion Series 2016-063r1, Board of Governors of the Federal Reserve System (U.S.), revised 25 Mar 2022.
    17. Anil Kumar & Pia M. Orrenius, 2014. "A closer look at the Phillips curve using state-level data," Working Papers 1409, Federal Reserve Bank of Dallas.
    18. Thomas B. King, 2005. "Labor productivity and job-market flows: trends, cycles, and correlations," Supervisory Policy Analysis Working Papers 2005-04, Federal Reserve Bank of St. Louis.
    19. Violante, Giovanni & Hornstein, Andreas, 2002. "Vintage Capital as an Origin of Inequalities," CEPR Discussion Papers 3596, C.E.P.R. Discussion Papers.
    20. Nir Jaimovich & Henry E. Siu, 2009. "The Young, the Old, and the Restless: Demographics and Business Cycle Volatility," American Economic Review, American Economic Association, vol. 99(3), pages 804-826, June.
    21. Hie Joo Ahn & James D. Hamilton, 2016. "Heterogeneity and Unemployment Dynamics," NBER Working Papers 22451, National Bureau of Economic Research, Inc.
    22. Ademola Obafemi Young, 2021. "Cohort Size and Unemployment Rate: New Insights from Nigeria," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 13(1), pages 122-151, January.
    23. Jasper Hoek, 2002. "Labor Market Institutions and Restructuring: Evidence from Regulated and Unregulated Labor Markets in Brazil," William Davidson Institute Working Papers Series 484, William Davidson Institute at the University of Michigan.
    24. Aysun, Uluc & Bouvet, Florence & Hofler, Richard, 2014. "An alternative measure of structural unemployment," Economic Modelling, Elsevier, vol. 38(C), pages 592-603.
    25. Huanan Xu, 2018. "First fired, first hired? Business cycles and immigrant labor market transitions," IZA Journal of Migration and Development, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 8(1), pages 1-36, December.
    26. Mukoyama, Toshihiko & Sahin, Aysegl, 2009. "Why did the average duration of unemployment become so much longer?," Journal of Monetary Economics, Elsevier, vol. 56(2), pages 200-209, March.
    27. Machado, José & Portugal, Pedro & Guimarães, Juliana, 2006. "U.S. Unemployment Duration: Has Long Become Longer or Short Become Shorter?," IZA Discussion Papers 2174, Institute of Labor Economics (IZA).
    28. Gan, Li & Zhang, Qinghua, 2006. "The thick market effect on local unemployment rate fluctuations," Journal of Econometrics, Elsevier, vol. 133(1), pages 127-152, July.
    29. Garibaldi, Pietro & Wasmer, Etienne, 2003. "Equilibrium Search Unemployment, Endogenous Participation and Labour Market Flows," CEPR Discussion Papers 3986, C.E.P.R. Discussion Papers.
    30. Alan Krueger & Alexandre Mas & Xiaotong Niu, 2014. "The Evolution of Rotation Group Bias: Will the Real Unemployment Rate Please Stand Up?," NBER Working Papers 20396, National Bureau of Economic Research, Inc.
    31. Portugal, Pedro & Rua, António, 2018. "Zooming the Ins and Outs of the U.S. Unemployment with a Wavelet Lens," IZA Discussion Papers 11559, Institute of Labor Economics (IZA).
    32. Pavel Tuleja & Michal Tvrdoň, 2011. "The Czech labour market after the crisis of a real economy: negative development or return to steady-state?," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 59(7), pages 477-488.
    33. Andreas Hornstein & Per Krusell & Giovanni L. Violante, 2006. "Technology-policy interaction in frictional labor markets," Working Paper 06-10, Federal Reserve Bank of Richmond.
    34. Bharat Trehan, 2003. "Productivity shocks and the unemployment rate," Economic Review, Federal Reserve Bank of San Francisco, pages 13-27.
    35. Robert Shimer, 2003. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies: Evidence and Theory," NBER Working Papers 9536, National Bureau of Economic Research, Inc.
    36. Fredrik Andersson & John C. Haltiwanger & Mark J. Kutzbach & Henry O. Pollakowski & Daniel H. Weinberg, 2018. "Job Displacement and the Duration of Joblessness: The Role of Spatial Mismatch," The Review of Economics and Statistics, MIT Press, vol. 100(2), pages 203-218, May.
    37. Allegretto, Sylvia A. & Lynch, Devon, 2010. "The Changing Face of the U.S. Labor Force: The Composition of the Unemployed and Long-term Unemployed in Tough Labor Markets," Institute for Research on Labor and Employment, Working Paper Series qt6cj2r8zc, Institute of Industrial Relations, UC Berkeley.
    38. Andreas Hornstein & Per Krusell & Giovanni L. Violante, 2005. "The Replacement Problem In Frictional Economies: A Near-Equivalence Result," Journal of the European Economic Association, MIT Press, vol. 3(5), pages 1007-1057, September.
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    3. Matthew J. Baker & Joyce P. Jacobsen, 2003. "Marriage, Specialization, and the Gender Division of Labor," Departmental Working Papers 1, United States Naval Academy Department of Economics.
    4. Nöldeke, Georg & Samuelson, Larry, 2014. "Investment and Competitive Matching," Working papers 2014/07, Faculty of Business and Economics - University of Basel.
    5. Roberts, Kevin W S & Felli, Leonardo, 2002. "Does Competition Solve the Hold-up Problem?," CEPR Discussion Papers 3535, C.E.P.R. Discussion Papers.
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    7. Derek Laing & Theodore Palivos & Ping Wang, 2001. "The Economics of "New Blood"," Vanderbilt University Department of Economics Working Papers 0132, Vanderbilt University Department of Economics.
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    17. George Mailath & Andrew Postlewaite & Larry Samuelson, 2012. "Premuneration Values and Investments in Matching Markets," PIER Working Paper Archive 12-008, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
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    20. V. Bhaskar & Ed Hopkins, 2016. "Marriage as a Rat Race: Noisy Premarital Investments with Assortative Matching," Journal of Political Economy, University of Chicago Press, vol. 124(4), pages 992-1045.
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    25. Duffie, Darrell & Qiao, Lei & Sun, Yeneng, 2018. "Dynamic directed random matching," Journal of Economic Theory, Elsevier, vol. 174(C), pages 124-183.
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    Cited by:

    1. Ramon Marimon & Fabrizio Zilibotti, 1997. "Unemployment vs. Mismatch of Talents: Reconsidering Unemployment Benefits," NBER Working Papers 6038, National Bureau of Economic Research, Inc.
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    303. William B. Hawkins, 2013. "Competitive Search, Efficiency, And Multiworker Firms," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 54(1), pages 219-251, February.
    304. Adrian Masters, 2005. "Directed Search without Wage Commitment and the Role of Labor Market Institutions," Discussion Papers 05-02, University at Albany, SUNY, Department of Economics.
    305. Eric Levin & Robert Wright, 2001. "Unemployment insurance, moral hazard, and economic growth," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 7(4), pages 373-384, November.
    306. Michael Irwin, 2023. "The Impact of Unemployment Insurance and Unsecured Credit on Business Cycles," Staff Working Papers 23-22, Bank of Canada.
    307. Deborah A. Cobb-Clark & Andrew Leigh, 2009. "Long-Term Unemployment in the ACT," CEPR Discussion Papers 603, Centre for Economic Policy Research, Research School of Economics, Australian National University.
    308. Blumkin, Tomer & Hadar, Yossi & Yashiv, Eran, 2005. "Firm Productivity Dispersion and the Matching Role of UI Policy," IZA Discussion Papers 1733, Institute of Labor Economics (IZA).
    309. Kunio Tsuyuhara, 2016. "Dynamic Contracts With Worker Mobility Via Directed On‐The‐Job Search," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 57(4), pages 1405-1424, November.
    310. BI, Sheng & LI, Yuanyuan, 2015. "Holdup and hiring discrimination with search friction," MPRA Paper 65100, University Library of Munich, Germany.
    311. Walter Nicholson & Karen Needels, "undated". "Optimal Extended Unemployment Benefits," Mathematica Policy Research Reports 3362c47819f246f7a3b20dd00, Mathematica Policy Research.
    312. Antonio M. Bento & Noah Miller & Mehreen Mookerjee & Edson Severnini, 2023. "Incidental Adaptation: The Role of Non-climate Regulations," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 86(3), pages 305-343, November.
    313. Trine Filges & Lars Pico Geerdsen & Anne‐Sofie Due Knudsen & Anne‐Marie Klint Jørgensen & Krystyna Kowalski, 2011. "PROTOCOL: The effect of benefit exhaustion on unemployment," Campbell Systematic Reviews, John Wiley & Sons, vol. 7(1), pages 1-38.
    314. Samir Amine & Pedro Lages Dos Santos, 2010. "Technological choices and unemployment benefits in a matching model with heterogenous workers," Journal of Economics, Springer, vol. 101(1), pages 1-19, September.
    315. Lester, Benjamin, 2010. "Directed search with multi-vacancy firms," Journal of Economic Theory, Elsevier, vol. 145(6), pages 2108-2132, November.
    316. Irina A. Denisova, 2020. "Lessons from the ongoing crisis for labour market institutions in Russia," Population and Economics, ARPHA Platform, vol. 4(2), pages 65-71, April.
    317. Etro, Federico, 2017. "Research in economics and macroeconomics," Research in Economics, Elsevier, vol. 71(3), pages 373-383.
    318. Tom Krebs & Martin Scheffel, 2013. "Macroeconomic Evaluation of Labor Market Reform in Germany," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 61(4), pages 664-701, December.
    319. Faig, Miquel & Jerez, Belen, 2005. "A theory of commerce," Journal of Economic Theory, Elsevier, vol. 122(1), pages 60-99, May.
    320. Halket, Jonathan & Pignatti Morano di Custoza, Matteo, 2015. "Homeownership and the scarcity of rentals," Journal of Monetary Economics, Elsevier, vol. 76(C), pages 107-123.
    321. Robert Shimer & Iván Werning, 2006. "On the Optimal Timing of Benefits with Heterogeneous Workers and Human Capital Depreciation," NBER Working Papers 12230, National Bureau of Economic Research, Inc.
    322. Pannenberg, Markus, 2010. "Risk attitudes and reservation wages of unemployed workers: Evidence from panel data," Economics Letters, Elsevier, vol. 106(3), pages 223-226, March.

Articles

  1. Farboodi, Maryam & Jarosch, Gregor & Shimer, Robert, 2021. "Internal and external effects of social distancing in a pandemic," Journal of Economic Theory, Elsevier, vol. 196(C).
    See citations under working paper version above.
  2. Robert Shimer & Ivan Werning, 2019. "Efficiency and information transmission in bilateral trading," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 33, pages 154-176, July.
    See citations under working paper version above.
  3. Veronica Guerrieri & Robert Shimer, 2018. "Markets with Multidimensional Private Information," American Economic Journal: Microeconomics, American Economic Association, vol. 10(2), pages 250-274, May.
    See citations under working paper version above.
  4. Veronica Guerrieri & Robert Shimer, 2014. "Dynamic Adverse Selection: A Theory of Illiquidity, Fire Sales, and Flight to Quality," American Economic Review, American Economic Association, vol. 104(7), pages 1875-1908, July.
    See citations under working paper version above.
  5. Robert Shimer, 2013. "private information in the mortgage market: evidence and a theory of crises," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 16(2), pages 68-95, August.
    See citations under working paper version above.
  6. Robert Shimer, 2012. "Reassessing the Ins and Outs of Unemployment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 15(2), pages 127-148, April.
    See citations under working paper version above.
  7. Shimer, Robert, 2012. "Wage rigidities and jobless recoveries," Journal of Monetary Economics, Elsevier, vol. 59(S), pages 65-77.

    Cited by:

    1. Gauti B. Eggertsson & Neil R. Mehrotra, 2014. "A Model of Secular Stagnation," NBER Working Papers 20574, National Bureau of Economic Research, Inc.
    2. Ceyhun Elgin & M. ayhan Köse & Franziska Ohnsorge & Shu Yu, 2021. "Understanding Informality Abstract:," Working Papers 2021/03, Bogazici University, Department of Economics.
    3. Anete Pajuste & Hernán Ruffo, 2017. "Wage rigidity and workers’ flows during recessions," SSE Riga/BICEPS Research Papers 4, Baltic International Centre for Economic Policy Studies (BICEPS);Stockholm School of Economics in Riga (SSE Riga).
    4. Marotzke Petra & Anderton Robert & Bairrao Ana & Berson Clémence & Tóth Peter, 2020. "Asymmetric wage adjustment and employment in European firms," The B.E. Journal of Macroeconomics, De Gruyter, vol. 20(2), pages 1-25, June.
    5. Jordi Galí & Tommaso Monacelli, 2015. "Understanding the Gains from Wage Flexibility: The Exchange Rate Connection," Working Papers 746, Barcelona School of Economics.
    6. Fabrizio Perri & Jonathan Heathcote, 2013. "Wealth and Volatility," 2013 Meeting Papers 385, Society for Economic Dynamics.
    7. Huo, Zhen, 2016. "Financial Frictions, Asset Prices, and the Great Recession," CEPR Discussion Papers 11544, C.E.P.R. Discussion Papers.
    8. Albonico, Alice & Paccagnini, Alessia & Tirelli, Patrizio, 2017. "Great recession, slow recovery and muted fiscal policies in the US," Journal of Economic Dynamics and Control, Elsevier, vol. 81(C), pages 140-161.
    9. de Ridder, M., 2016. "Investment in Productivity and the Long-Run Effect of Financial Crises on Output," Cambridge Working Papers in Economics 1659, Faculty of Economics, University of Cambridge.
    10. Gustavo Adler & Mr. Ruy Lama & Juan Pablo Medina Guzman, 2016. "Foreign Exchange Intervention under Policy Uncertainty," IMF Working Papers 2016/067, International Monetary Fund.
    11. Neil R. Mehrotra, 2018. "Fiscal Policy Stabilization: Purchases or Transfers?," International Journal of Central Banking, International Journal of Central Banking, vol. 14(2), pages 1-50, March.
    12. Francisco J. Buera & Roberto Fattal-Jaef & Yongseok Shin, 2014. "Anatomy of a Credit Crunch: From Capital to Labor Markets," NBER Working Papers 19997, National Bureau of Economic Research, Inc.
    13. Masao Fukui & Emi Nakamura & Jón Steinsson, 2018. "Women, Wealth Effects, and Slow Recoveries," NBER Working Papers 25311, National Bureau of Economic Research, Inc.
    14. Mathieu Taschereau-Dumouchel & Edouard Schaal, 2015. "Coordinating Business Cycles," 2015 Meeting Papers 178, Society for Economic Dynamics.
    15. M. Alper Çenesiz & Luís Guimarães, 2013. "Sticky Price Models, Durable Goods, and Real Wage Rigidities," CEF.UP Working Papers 1305, Universidade do Porto, Faculdade de Economia do Porto, revised Nov 2017.
    16. Ceyhun Elgin & M. Ayhan Kose & Franziska Ohnsorge & Shu Yu, 2021. "Understanding informality," CAMA Working Papers 2021-76, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    17. Roberto M. Billi & Jordi Galí, 2018. "Gains from Wage Flexibility and the Zero Lower Bound," Working Papers 1066, Barcelona School of Economics.
    18. Wesselbaum, Dennis, 2019. "Jobless recoveries: The interaction between financial and search frictions," Journal of Macroeconomics, Elsevier, vol. 61(C), pages 1-1.
    19. Juan F. Jimeno, 2015. "Long-lasting consequences of the European crisis," Working Papers 1522, Banco de España.
    20. Meredith M. Paker, 2020. "The Jobless Recovery After the 1980-1981 UK Recession," Oxford Economic and Social History Working Papers _182, University of Oxford, Department of Economics.
    21. Adler, Gustavo & Lama, Ruy & Medina, Juan Pablo, 2019. "Foreign exchange intervention and inflation targeting: The role of credibility," Journal of Economic Dynamics and Control, Elsevier, vol. 106(C), pages 1-1.
    22. Andrea Tafuro, 2015. "The Effects of Fiscal Policy on Employment: an Analysis of the Aggregate Evidence," Working Papers 2015: 03, Department of Economics, University of Venice "Ca' Foscari".
    23. Ayşegül Şahin & Joseph Song & Giorgio Topa & Giovanni L. Violante, 2012. "Mismatch unemployment," Staff Reports 566, Federal Reserve Bank of New York.
    24. Juan F. Jimeno, 2019. "Fewer babies and more robots: economic growth in a new era of demographic and technological changes," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 10(2), pages 93-114, June.
    25. Carnicelli, Lauro, 2018. "Financial shocks and endogenous labor market participation," MPRA Paper 90254, University Library of Munich, Germany.
    26. Xie, Zoe & Pei, Yun, 2016. "A Quantitative Theory of Time-Consistent Unemployment Insurance," MPRA Paper 74698, University Library of Munich, Germany.
    27. Zhen Huo & José-Víctor Ríos-Rull, 2013. "Paradox of Thrift Recessions," NBER Working Papers 19443, National Bureau of Economic Research, Inc.
    28. Enoch Hill & Kai Ding, 2016. "Cautious Hiring," 2016 Meeting Papers 291, Society for Economic Dynamics.
    29. Stefano, Fasani, 2016. "Long-run Unemployment and Macroeconomic Volatility," Working Papers 352, University of Milano-Bicocca, Department of Economics, revised 18 Oct 2016.
    30. Mr. Cristiano Cantore & Mr. Paul L Levine & Mr. Giovanni Melina, 2013. "A Fiscal Stimulus and Jobless Recovery," IMF Working Papers 2013/017, International Monetary Fund.
    31. Stephanie Schmitt-Grohé & Martín Uribe, 2017. "Liquidity Traps and Jobless Recoveries," American Economic Journal: Macroeconomics, American Economic Association, vol. 9(1), pages 165-204, January.
    32. Dmitry Plotnikov, 2014. "Hysteresis in Unemployment and Jobless Recoveries," IMF Working Papers 2014/077, International Monetary Fund.
    33. Valerie Cerra & Antonio Fatás & Sweta C. Saxena, 2023. "Hysteresis and Business Cycles," Journal of Economic Literature, American Economic Association, vol. 61(1), pages 181-225, March.
    34. Petra Marotzke & Robert Anderton & Ana Bairrao & Clémence Berson & Peter Tóth, 2016. "Wage adjustment and employment in Europe," Discussion Papers 2016-19, University of Nottingham, GEP.
    35. Samaniego, Roberto M. & Sun, Juliana Y., 2019. "Uncertainty, depreciation and industry growth," European Economic Review, Elsevier, vol. 120(C).
    36. Massimo Guidolin & Erwin Hansen & Gabriel Cabrera, 2023. "Time-Varying Risk Aversion and International Stock Returns," BAFFI CAREFIN Working Papers 23203, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    37. Lasitha R.C. Pathberiya, 2018. "Jobless Recovery, Liquidity Trap, Tight Monetary Policy and the Cost Channel," Discussion Papers Series 591, School of Economics, University of Queensland, Australia.
    38. Stephanie Schmitt-Grohé & Martín Uribe, 2012. "The Making Of A Great Contraction With A Liquidity Trap and A Jobless Recovery," NBER Working Papers 18544, National Bureau of Economic Research, Inc.
    39. Gliksberg, Baruch, "undated". "Equilibria Under Monetary and Fiscal Policy Interactions in a Portfolio Choice Model," Working Papers WP2015/1, University of Haifa, Department of Economics.
    40. Zhen Huo & José-Víctor Ríos-Rull, 2013. "Engineering a paradox of thrift recession," FRB Atlanta CQER Working Paper 2013-03, Federal Reserve Bank of Atlanta.
    41. Ruy Lama & Juan Pablo Medina, 2019. "Fiscal Deficits and Unemployment Dynamics: The Role of Productivity Gains and Wage Rigidities," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 34, pages 121-140, October.
    42. Medina, Juan Pablo, 2021. "Mining development and macroeconomic spillovers in Chile," Resources Policy, Elsevier, vol. 70(C).

  8. Fernando Alvarez & Robert Shimer, 2011. "Search and Rest Unemployment," Econometrica, Econometric Society, vol. 79(1), pages 75-122, January.
    See citations under working paper version above.
  9. Ebrahimy, Ehsan & Shimer, Robert, 2010. "Stock-flow matching," Journal of Economic Theory, Elsevier, vol. 145(4), pages 1325-1353, July.

    Cited by:

    1. Carlos Carrillo-Tudela & Ludo Visschers, 2020. "Unemployment and Endogenous Reallocation over the Business Cycle," CESifo Working Paper Series 8288, CESifo.
    2. Álvarez de Toledo, Pablo & Núñez, Fernando & Usabiaga, Carlos, 2013. "Labour Market Segmentation, Clusters, Mobility and Unemployment Duration with Individual Microdata," MPRA Paper 46003, University Library of Munich, Germany.
    3. William Hawkins & Carlos Carrillo-Tudela, 2014. "A Generalized Model of Stock-Flow Matching," 2014 Meeting Papers 1380, Society for Economic Dynamics.
    4. Weber, Michael, 2017. "Public employment services under decentralization: Evidence from a natural experiment," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168277, Verein für Socialpolitik / German Economic Association.
    5. Ge, Teng & Wu, Tao, 2020. "Search, migration, and social connections: Solving the migration puzzle to Beijing," China Economic Review, Elsevier, vol. 62(C).
    6. Stefano Banfi & Benjamin Villena-Roldan & Sekyu Choi, 2018. "Deconstructing job search behavior," 2018 Meeting Papers 368, Society for Economic Dynamics.
    7. Khan, M. Ali & Qiao, Lei & Rath, Kali P. & Sun, Yeneng, 2020. "Modeling large societies: Why countable additivity is necessary," Journal of Economic Theory, Elsevier, vol. 189(C).
    8. Peter A. Diamond & Ayşegül Şahin, 2016. "Disaggregating the Matching Function," NBER Working Papers 22965, National Bureau of Economic Research, Inc.
    9. Hutter, Christian & Weber, Enzo, 2014. "Forecasting with a mismatch-enhanced labor market matching function," IAB-Discussion Paper 201416, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    10. Christian Hutter & Enzo Weber, 2017. "Mismatch and the Forecasting Performance of Matching Functions," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 79(1), pages 101-123, February.
    11. Carlos Usabiaga & Fernando Núñez & Pablo Álvarez de Toledo, 2013. "Segmentación del mercado de trabajo, clusters, movilidad y duración de desempleo con datos individuales," Economic Working Papers at Centro de Estudios Andaluces E2013/02, Centro de Estudios Andaluces.
    12. Christian Holzner & Felix Ehrenfried, 2017. "Dynamics and Endogeneity of Firms' Recruitment Behavior," 2017 Meeting Papers 1034, Society for Economic Dynamics.
    13. Álvarez de Toledo, Pablo & Núñez, Fernando & Usabiaga, Carlos, 2014. "An empirical approach on labour segmentation. Applications with individual duration data," Economic Modelling, Elsevier, vol. 36(C), pages 252-267.
    14. Predrag Trpeski & Verica Janeska & Marijana Cvetanoska & Aleksandra Lozanoska, 2017. "Unemployment and a Stock – Flow Model on the Labour Market in the Republic of Macedonia," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 41-63.

  10. Veronica Guerrieri & Robert Shimer & Randall Wright, 2010. "Adverse Selection in Competitive Search Equilibrium," Econometrica, Econometric Society, vol. 78(6), pages 1823-1862, November.
    See citations under working paper version above.
  11. Robert Shimer, 2009. "Convergence in Macroeconomics: The Labor Wedge," American Economic Journal: Macroeconomics, American Economic Association, vol. 1(1), pages 280-297, January.

    Cited by:

    1. Mankart, Jochen & Oikonomou, Rigas, 2015. "Household search and the aggregate labor market," Discussion Papers 26/2015, Deutsche Bundesbank.
    2. Salem Abo-Zaid, 2021. "Taxation, credit frictions and the cyclical behavior of the labor wedge," Empirical Economics, Springer, vol. 60(4), pages 1777-1816, April.
    3. Oscar Pavlov & Mark Weder, 2017. "Product Scope and Endogenous Fluctuations," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 24, pages 175-191, March.
    4. Ernesto Pastén & Raphael Schoenle & Michael Weber, 2018. "The Propagation of Monetary Policy Shocks in a Heterogeneous Production Economy," NBER Working Papers 25303, National Bureau of Economic Research, Inc.
    5. Ríos-Rull, José-Víctor & Schorfheide, Frank & Fuentes-Albero, Cristina & Kryshko, Maxym & Santaeulàlia-Llopis, Raül, 2012. "Methods versus substance: Measuring the effects of technology shocks," Journal of Monetary Economics, Elsevier, vol. 59(8), pages 826-846.
    6. Nicola Acocella & Laura Bisio & Giovanni Di Bartolomeo & Alessandra Pelloni, "undated". "Labor market imperfections, real wage rigidities and financial shocks," Working Papers 80/11, Sapienza University of Rome, Metodi e Modelli per l'Economia, il Territorio e la Finanza MEMOTEF.
    7. Rousakis, Michael, 2012. "Expectations and Fluctuations: The Role of Monetary Policy," Economic Research Papers 270655, University of Warwick - Department of Economics.
    8. Mathias Trabandt & Harald Uhlig, 2012. "How Do Laffer Curves Differ Across Countries?," NBER Working Papers 17862, National Bureau of Economic Research, Inc.
    9. Andrea Giusto, 2015. "Approximate aggregation revisited: higher moments do matter," Applied Economics Letters, Taylor & Francis Journals, vol. 22(14), pages 1138-1143, September.
    10. François Langot & Alessandra Pizzo, 2015. "Accounting for Labor GAPS," Working Papers Central Bank of Chile 757, Central Bank of Chile.
    11. Gunji, Hiroshi & Miyazaki, Kenji, 2017. "Why do Japanese women work so much less than Japanese men? A business cycle accounting approach," Japan and the World Economy, Elsevier, vol. 42(C), pages 45-55.
    12. Coralia A. Quintero Rojas & François Langot, 2016. "Explaining labor wedge trends: An equilibrium search approach," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 13(1), pages 3-35, June.
    13. David Coble & Sebastián Faúndez, 2015. "The Labor Wedge and Business Cycle in Chile," Working Papers Central Bank of Chile 758, Central Bank of Chile.
    14. Davoine, Thomas & Mankart, Jochen, 2017. "Changes in education, wage inequality and working hours over time," Discussion Papers 38/2017, Deutsche Bundesbank.
    15. Andrea Pescatori & Murat Tasci, 2011. "Search Frictions and the Labor Wedge," Koç University-TUSIAD Economic Research Forum Working Papers 1113, Koc University-TUSIAD Economic Research Forum.
    16. Benedetto Molinari & Francesco Turino, 2009. "Advertising, Labor Supply and the Aggregate Economy. A long run Analysis," Working Papers 09.16, Universidad Pablo de Olavide, Department of Economics.
    17. Karabarbounis, Loukas, 2010. "Labor wedges and open economy puzzles," MPRA Paper 31370, University Library of Munich, Germany.
    18. Wemy, Edouard, 2021. "Capital-labor substitution elasticity: A simulated method of moments approach," Economic Modelling, Elsevier, vol. 97(C), pages 14-44.
    19. Fair, Ray C., 2012. "Has macro progressed?," Journal of Macroeconomics, Elsevier, vol. 34(1), pages 2-10.
    20. Sumru Altug & Serdar Kabaca, 2017. "Search Frictions, Financial Frictions, and Labor Market Fluctuations in Emerging Markets," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 53(1), pages 128-149, January.
    21. Guo, Jang-Ting & Sirbu, Anca-Ioana & Weder, Mark, 2015. "News about aggregate demand and the business cycle," Journal of Monetary Economics, Elsevier, vol. 72(C), pages 83-96.
    22. Masaru Inaba & Kengo Nutahara & Daichi Shirai, 2020. "What drives fluctuations of labor wedge and business cycles? Evidence from Japan," CIGS Working Paper Series 20-006E, The Canon Institute for Global Studies.
    23. Giorgio Primiceri & Andrea Tambalotti & Alejandro Justiniano, 2011. "Is there a trade-off between inflation and output stabilization?," 2011 Meeting Papers 280, Society for Economic Dynamics.
    24. Justiniano, Alejandro & Primiceri, Giorgio E. & Tambalotti, Andrea, 2010. "Investment shocks and business cycles," Journal of Monetary Economics, Elsevier, vol. 57(2), pages 132-145, March.
    25. Robert Dixon & Guay C. Lim, 2018. "Labor'S Share, The Firm'S Market Power, And Total Factor Productivity," Economic Inquiry, Western Economic Association International, vol. 56(4), pages 2058-2076, October.
    26. Ctirad Slavík & Hakki Yazici, 2022. "Wage Risk and the Skill Premium," The Economic Journal, Royal Economic Society, vol. 132(646), pages 2207-2230.
    27. Fran?ois Gourio & Leena Rudanko, 2014. "Can Intangible Capital Explain Cyclical Movements in the Labor Wedge?," American Economic Review, American Economic Association, vol. 104(5), pages 183-188, May.
    28. Luisito Bertinelli & Olivier Cardi & Romain Restout, 2021. "Labor Market Effects of Technology Shocks Biased toward the Traded Sector," Working Papers 342990229, Lancaster University Management School, Economics Department.
    29. Fabrice Murtin & Alain de Serres & Alexander Hijzen, 2014. "Unemployment and the coverage extension of collective wage agreements," Post-Print hal-03460201, HAL.
    30. Keqiang Hou & Alok Johri, 2018. "Intangible Capital, the Labor Wedge and the Volatility of Corporate Profits," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 29, pages 216-234, July.
    31. Kyle Jurado, 2016. "Advance Information and Distorted Beliefs in Macroeconomic and Financial Fluctuations," 2016 Meeting Papers 154, Society for Economic Dynamics.
    32. Boyan Jovanovic & Julien Prat, 2021. "Reputation and earnings dynamics," Post-Print hal-03096282, HAL.
    33. Tom Holden & Paul Levine & Jonathan Swarbrick, 2017. "Reconciling Jaimovich-Rebello Preferences, Habit in Consumption and Labor Supply," School of Economics Discussion Papers 1017, School of Economics, University of Surrey.
    34. Bils, Mark, 2016. "Deducing markups from stockout behavior," Research in Economics, Elsevier, vol. 70(2), pages 320-331.
    35. Razzak, Weshah & Labas, Belkacem, 2010. "Taxes, Natural Resource Endowment, and the Supply of Labor: New Evidence," MPRA Paper 21634, University Library of Munich, Germany.
    36. Loukas Karabarbounis, 2014. "The Labor Wedge: MRS vs. MPN," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(2), pages 206-223, April.
    37. Alan J. Auerbach & Yuriy Gorodnichenko & Daniel Murphy, 2019. "Macroeconomic Frameworks," NBER Working Papers 26365, National Bureau of Economic Research, Inc.
    38. Małgorzata Skibińska, 2015. "What drives the labour wedge? A comparison between CEE countries and the Euro Area," NBP Working Papers 220, Narodowy Bank Polski.
    39. George-Marios Angeletos & Jennifer La'O, 2011. "Decentralization, Communication, and the Origins of Fluctuations," NBER Working Papers 17060, National Bureau of Economic Research, Inc.
    40. Keiichiro KOBAYASHI & Daichi SHIRAI, 2022. "Debt-Ridden Borrowers and Economic Slowdown," CIGS Working Paper Series 22-008E, The Canon Institute for Global Studies.
    41. Razzak, Weshah, 2013. "An Empirical Study of Sectoral-Level Capital Investments in New Zealand," MPRA Paper 52461, University Library of Munich, Germany.
    42. Natalie Chen & Dennis Novy, 2012. "On the Measurement of Trade Costs: Direct vs. Indirect Approaches to Quantifying Standards and Technical Regulations," CEP Discussion Papers dp1164, Centre for Economic Performance, LSE.
    43. Federico Etro & Andrea Colciago, 2007. "Endogenous Market Structure and the Business Cycle," Working Papers 126, University of Milano-Bicocca, Department of Economics, revised Nov 2007.
    44. David Staines, 2023. "Stochastic Equilibrium the Lucas Critique and Keynesian Economics," Papers 2312.16214, arXiv.org.
    45. David S. Jacks & Christopher M. Meissner & Dennis Novy, 2009. "Trade Booms, Trade Busts, and Trade Costs," NBER Working Papers 15267, National Bureau of Economic Research, Inc.
    46. Keiichiro Kobayashi & Daichi Shirai, 2014. "Heterogeneity and redistribution in financial crises," CIGS Working Paper Series 14-004E, The Canon Institute for Global Studies.
    47. Munechika Katayama & Kwang Hwan Kim, 2015. "Inter-sectoral Labor Immobility, Sectoral Co-movement, and News Shocks," Discussion papers e-15-011, Graduate School of Economics , Kyoto University.
    48. Wei Jiang, 2014. "Optimal taxation and labour wedge in models with equilibrium unemployment," Studies in Economics 1407, School of Economics, University of Kent.
    49. Piero Ferri, 2011. "Macroeconomics of Growth Cycles and Financial Instability," Books, Edward Elgar Publishing, number 14260.
    50. Everett B. Peterson, 2019. "Incorporating Unemployment into the GTAP Model," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 4(2), pages 67-107, December.
    51. Nikolaos Kokonas & Paulo Santos Monteiro, 2023. "Self-fulfilling labor wedge fluctuations and unemployment insurance," Discussion Papers 2313, Centre for Macroeconomics (CFM).
    52. Pavlov, Oscar & Weder, Mark, 2022. "Endogenous product scope: Market interlacing and aggregate business cycle dynamics," European Economic Review, Elsevier, vol. 148(C).
    53. Maik Wolters, 2017. "How the Baby Boomers' Retirement Wave Distorts Model-Based Output Gap Estimates," Jena Economics Research Papers 2017-008, Friedrich-Schiller-University Jena.
    54. David Coble, 2015. "The Labor Wedge: New Facts Based on US Microdata," Working Papers Central Bank of Chile 751, Central Bank of Chile.
    55. Gimenez-Nadal, José Ignacio & Molina, José Alberto & Sevilla, Almudena, 2022. "Effort at Work and Worker Well-Being in the US," IZA Discussion Papers 15308, Institute of Labor Economics (IZA).
    56. Anton A. Cheremukhin & Paulina Restrepo-Echavarria, 2010. "The labor wedge as a matching friction," Working Papers 1004, Federal Reserve Bank of Dallas.
    57. Trabandt, Mathias & Uhlig, Harald, 2011. "The Laffer curve revisited," Journal of Monetary Economics, Elsevier, vol. 58(4), pages 305-327.
    58. Sumru Altug & Serdar Kabaca & Meltem Poyraz, 2011. "Search Frictions, Financial Frictions and Labor Market Fluctuations in Emerging Economies," Koç University-TUSIAD Economic Research Forum Working Papers 1136, Koc University-TUSIAD Economic Research Forum.
    59. Simona Cociuba & Alexander Ueberfeldt, 2012. "Heterogeneity and Long-Run Changes in U.S. Hours and the Labor Wedge," University of Western Ontario, Centre for Human Capital and Productivity (CHCP) Working Papers 20124, University of Western Ontario, Centre for Human Capital and Productivity (CHCP).
    60. Marcet, Albert & Scott, Andrew & Faraglia, Elisa & Oikonomou, Rigas, 2012. "The Impact of Debt Levels and Debt Maturity on Inflation," CEPR Discussion Papers 9257, C.E.P.R. Discussion Papers.
    61. Sala, Luca & Söderström, Ulf & Trigari, Antonella, 2010. "The Output Gap, the Labor Wedge, and the Dynamic Behavior of Hours," CEPR Discussion Papers 8005, C.E.P.R. Discussion Papers.
    62. Hevia, Constantino, 2014. "Emerging market fluctuations: What makes the difference?," Journal of International Economics, Elsevier, vol. 94(1), pages 33-49.
    63. Driffill, John & Miller, Marcus, 2011. "Liquidity when it matters: QE and Tobin’s q," CAGE Online Working Paper Series 68, Competitive Advantage in the Global Economy (CAGE).
    64. Jordi Galí, 2020. "Insider-Outsider Labor Markets, Hysteresis and Monetary Policy," NBER Working Papers 27385, National Bureau of Economic Research, Inc.
    65. Karabarbounis, Loukas, 2014. "Home production, labor wedges, and international business cycles," Journal of Monetary Economics, Elsevier, vol. 64(C), pages 68-84.
    66. Hideaki Hirata, 2014. "Preference Shocks, International Frictions, and International Business Cycles," Working Paper 164446, Harvard University OpenScholar.
    67. Lee E. Ohanian & Andrea Raffo, 2011. "Aggregate hours worked in OECD countries: new measurement and implications for business cycles," International Finance Discussion Papers 1039, Board of Governors of the Federal Reserve System (U.S.).
    68. Brendan Epstein & Miles S. Kimball, 2021. "The Decline of Drudgery and the Paradox of Hard Work," NBER Working Papers 29041, National Bureau of Economic Research, Inc.
    69. Saki Bigio & Jennifer La’O, 2016. "Distortions in Production Networks," NBER Working Papers 22212, National Bureau of Economic Research, Inc.
    70. Niels Arne Dam & Carlos Carvalho, 2009. "Estimating the Cross-sectional Distribution of Price Stickiness from Aggregate Data," 2009 Meeting Papers 702, Society for Economic Dynamics.
    71. Chetty, Nadarajan & Guren, Adam & Manoli, Day & Weber, Andrea, 2013. "Does Indivisible Labor Explain the Difference between Micro and Macro Elasticities? A Meta-Analysis of Extensive Margin Elasticities," Scholarly Articles 27304826, Harvard University Department of Economics.
    72. Epstein, Brendan & Mukherjee, Rahul & Finkelstein Shapiro, Alan & Ramnath, Shanthi, 2020. "Trends in aggregate employment, hours worked per worker, and the long-run labor wedge," MPRA Paper 99289, University Library of Munich, Germany.
    73. Cociuba, Simona E. & Ueberfeldt, Alexander, 2015. "Heterogeneity and long-run changes in aggregate hours and the labor wedge," Journal of Economic Dynamics and Control, Elsevier, vol. 52(C), pages 75-95.
    74. Anton A. Cheremukhin, 2011. "Labor matching: putting the pieces together," Working Papers 1102, Federal Reserve Bank of Dallas.
    75. Malgorzata Skibinska, 2016. "What drives the labour wedge? A comparison between CEE countries and the Euro Area," EcoMod2016 9061, EcoMod.
    76. Katerina Arnostova & Oxana Babecka Kucharcukova & Jan Babecky & Vojtech Belling & Sona Benecka & Jan Bruha & Martin Gurtler & Tomas Holub & Eva Hromadkova & Lubos Komarek & Zlatuse Komarkova & Petr Kr, 2016. "Analyses of the Czech Republic's Current Economic Alignment with the Euro Area 2016," Occasional Publications - Edited Volumes, Czech National Bank, number as16 edited by Katerina Arnostova & Lucie Matejkova, January.
    77. Jose Ignacio García Pérez & Victoria Osuna, 2011. "The effects of introducing a single open-ended contract in the Spanish labour market," Working Papers 11.07, Universidad Pablo de Olavide, Department of Economics.
    78. Ohanian, Lee E., 2014. "The impact of monetary policy in the midst of big shocks," Journal of Economic Dynamics and Control, Elsevier, vol. 49(C), pages 35-48.
    79. Miller, Marcus & Driffill, John, 2011. "Liquidity When It Matters Most: QE and Tobin?s q," CEPR Discussion Papers 8511, C.E.P.R. Discussion Papers.
    80. Itskhoki, Oleg & Mukhin, Dmitry, 2021. "Exchange rate disconnect in general equilibrium," LSE Research Online Documents on Economics 112140, London School of Economics and Political Science, LSE Library.
    81. Vitor F. Luz & Carlos E. da Costa, 2011. "Separability and Memory: Micro Causes, Macro Consequences," 2011 Meeting Papers 916, Society for Economic Dynamics.
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    84. Benhabib, Jess & Liu, Xuewen & Wang, Pengfei, 2016. "Endogenous information acquisition and countercyclical uncertainty," Journal of Economic Theory, Elsevier, vol. 165(C), pages 601-642.
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    87. Colciago, Andrea & Rossi, Lorenza, 2011. "Endogenous Market Structures and Labor Market Dynamics," MPRA Paper 29311, University Library of Munich, Germany.
    88. Abo-Zaid, Salem, 2013. "On credit frictions as labor–income taxation," Economics Letters, Elsevier, vol. 118(2), pages 287-292.
    89. Leena Rudanko, 2014. "Can Intangible Capital Explain Cyclical Movements in the Labor Wedge?," 2014 Meeting Papers 149, Society for Economic Dynamics.
    90. Ensar Yılmaz, 2014. "Markups And Welfare Costs Of Business Cycles In Turkey," Bulletin of Economic Research, Wiley Blackwell, vol. 66(4), pages 346-357, October.
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    92. Benjamin Bridgman, 2016. "Engines of Leisure," BEA Working Papers 0137, Bureau of Economic Analysis.
    93. Cosmin L. Ilut & Hikaru Saijo, 2016. "Learning, Confidence, and Business Cycles," NBER Working Papers 22958, National Bureau of Economic Research, Inc.
    94. Cardi, Olivier & Restout, Romain, 2023. "Sectoral fiscal multipliers and technology in open economy," Journal of International Economics, Elsevier, vol. 144(C).
    95. Antonella Tutino, 2010. "Rationally inattentive macroeconomic wedges," Working Papers 1005, Federal Reserve Bank of Dallas.
    96. Alexandre Janiaka & Paulo Santos Monteiro, 2014. "Towards a quantitative theory of automatic stabilizers: the role of demographics," Discussion Papers 14/23, Department of Economics, University of York.
    97. Nir Jaimovich & Sergio Rebelo & Arlene Wong, 2015. "Trading down and the business cycle," FRB Atlanta CQER Working Paper 2015-5, Federal Reserve Bank of Atlanta.
    98. Yaniv Yedid-Levi, 2016. "Why does employment in all major sectors move together over the business cycle?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 22, pages 131-156, October.
    99. Ricardo Reis, 2009. "Optimal Monetary Policy Rules in an Estimated Sticky-Information Model," American Economic Journal: Macroeconomics, American Economic Association, vol. 1(2), pages 1-28, July.
    100. Munechika Katayama & Kwang Hwan Kim, 2017. "Uncertainty Shocks and the Relative Price of Investment Goods," Discussion papers e-16-015, Graduate School of Economics , Kyoto University.
    101. Tavares, Tiago, 2015. "Labor Market Distortions under Sovereign Default Crises," MPRA Paper 66964, University Library of Munich, Germany.
    102. Atesagaoglu, Orhan Erem & Elgin, Ceyhun, 2015. "Cyclicality of labor wedge and informal sector," Economics Letters, Elsevier, vol. 136(C), pages 141-146.
    103. Rodrigo Adão & Costas Arkolakis & Federico Esposito, 2019. "General Equilibrium Effects in Space: Theory and Measurement," NBER Working Papers 25544, National Bureau of Economic Research, Inc.
    104. Goutsmedt, Aurélien, 2019. "Macroeconomics at the Crossroads: Stagflation and the Struggle between "Keynesian" and New Classical Macroeconometric Programs," OSF Preprints y364t, Center for Open Science.
    105. Ray C. Fair, 2009. "Has Macro Progressed?," Cowles Foundation Discussion Papers 1728, Cowles Foundation for Research in Economics, Yale University, revised Jul 2010.
    106. Ruy Lama & Carlos Urrutia, 2011. "Employment Protection and Business Cycles in Emerging Economies," Working Papers 1105, Centro de Investigacion Economica, ITAM.
    107. SENBETA, Sisay Regassa, 2013. "Informality and macroeconomic fluctuations: A small open economy New Keynesian DSGE model with dual labour markets," Working Papers 2013002, University of Antwerp, Faculty of Business and Economics.
    108. Bridji, Slim, 2013. "The French Great Depression: A business cycle accounting analysis," Explorations in Economic History, Elsevier, vol. 50(3), pages 427-445.
    109. Jiang Wei, 2019. "Optimal taxation under equilibrium unemployment and economic profits," The B.E. Journal of Macroeconomics, De Gruyter, vol. 19(1), pages 1-21, January.
    110. Andrea Colciago & Lorenza Rossi, 2011. "Endogenous Market Structures and Labor Market Dynamics (New version)," Quaderni di Dipartimento 155, University of Pavia, Department of Economics and Quantitative Methods.
    111. Zhang, Lini, 2018. "Credit crunches, individual heterogeneity and the labor wedge," Journal of Macroeconomics, Elsevier, vol. 56(C), pages 65-88.
    112. Bertola, Giuseppe, 2017. "Wedges: Distribution, Distortions, and Market Integration," CEPR Discussion Papers 11980, C.E.P.R. Discussion Papers.
    113. Katerina Arnostova & Tomas Adam & Oxana Babecka Kucharcukova & Jan Babecky & Vojtech Belling & Sona Benecka & Jan Bruha & Martin Gurtler & Tibor Hledik & Tomas Holub & Eva Hromadkova & Lubos Komarek &, 2017. "Analyses of the Czech Republic's Current Economic Alignment with the Euro Area 2017," Occasional Publications - Edited Volumes, Czech National Bank, number as17 edited by Katerina Arnostova & Lucie Matejkova, January.
    114. Gallen, Trevor S. & Winston, Clifford, 2021. "Transportation capital and its effects on the U.S. economy: A general equilibrium approach," Journal of Macroeconomics, Elsevier, vol. 69(C).
    115. Casey B. Mulligan, 2013. "Uncertainty, Redistribution, and the Labor Market," NBER Working Papers 19553, National Bureau of Economic Research, Inc.
    116. Gunji, Hiroshi & Miyazaki, Kenji, 2011. "Estimates of average marginal tax rates on factor incomes in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 25(2), pages 81-106, June.
    117. Kazuki Hiraga & Kengo Nutahara, 2018. "Why is the shape of the Laffer curve for consumption tax different from that for labor income tax?," CIGS Working Paper Series 18-004E, The Canon Institute for Global Studies.
    118. Charles I. Jones & Peter J. Klenow, 2016. "Beyond GDP? Welfare across Countries and Time," American Economic Review, American Economic Association, vol. 106(9), pages 2426-2457, September.
    119. Ray Fair, 2009. "Has Macro Progressed?," Yale School of Management Working Papers amz2409, Yale School of Management.
    120. Anna Watson, 2019. "Financial Frictions, the Great Trade Collapse and International Trade over the Business Cycle," Open Economies Review, Springer, vol. 30(1), pages 19-64, February.
    121. Mr. Murat Tasci & Mr. Andrea Pescatori, 2011. "Search Frictions and the Labor Wedge," IMF Working Papers 2011/117, International Monetary Fund.
    122. Loukas Karabarbounis, 2012. "Home Production, Labor Wedges, and International Real Business Cycles," NBER Working Papers 18366, National Bureau of Economic Research, Inc.
    123. Jennifer La'O, 2010. "Collateral Constraints and Noisy Fluctuations," 2010 Meeting Papers 780, Society for Economic Dynamics.
    124. Masaru INABA & Kengo NUTAHARA & Daichi SHIRAI, 2023. "Sources of Inequality and Business Cycles: Evidence from the US and Japan," CIGS Working Paper Series 23-006E, The Canon Institute for Global Studies.
    125. Robert Dixon & Guay C. Lim, 2018. "Labor’s Share, the firm’s market power and TFP," Department of Economics - Working Papers Series 2038, The University of Melbourne.
    126. Carbajal-De-Nova, Carolina & Venegas-Martínez, Francisco, 2019. "On the paradigm shift of asset pricing models, before and after the global financial crisis: a literature review," Panorama Económico, Escuela Superior de Economía, Instituto Politécnico Nacional, vol. 15(29), pages 7-38, Primer se.
    127. Katayama, Munechika & Kim, Kwang Hwan, 2013. "The delayed effects of monetary shocks in a two-sector New Keynesian model," Journal of Macroeconomics, Elsevier, vol. 38(PB), pages 243-259.
    128. Tavares, Tiago, 2019. "Labor market distortions under sovereign debt default crises," Journal of Economic Dynamics and Control, Elsevier, vol. 108(C).
    129. Gallen, Trevor S., 2018. "Is the labor wedge due to rigid wages? Evidence from the self-employed," Journal of Macroeconomics, Elsevier, vol. 55(C), pages 184-198.
    130. George-Marios Angeletos & Jennifer La'O, 2010. "Noisy Business Cycles," NBER Chapters, in: NBER Macroeconomics Annual 2009, Volume 24, pages 319-378, National Bureau of Economic Research, Inc.
    131. Stefano Eusepi & Bruce Preston, 2009. "Consumption heterogeneity, employment dynamics, and macroeconomic co-movement," Staff Reports 399, Federal Reserve Bank of New York.
    132. Rousakis, Michael, 2012. "Expectations and Fluctuations : The Role of Monetary Policy," The Warwick Economics Research Paper Series (TWERPS) 984, University of Warwick, Department of Economics.
    133. Munechika Katayama & Kwang Hwan Kim, 2010. "Costly Labor Reallocation, Non-Separable Preferences, and Expectation Driven Business Cycles," Departmental Working Papers 2010-05, Department of Economics, Louisiana State University.
    134. Weshah Razzak, 2014. "An Empirical Investigation of sectoral-Level Capital Investments in New Zealand," Treasury Working Paper Series 14/04, New Zealand Treasury.
    135. Gonzalo Llosa & Lee Ohanian & Andrea Raffo & Richard Rogerson, 2014. "Firing Costs and Labor Market Fluctuations: A Cross-Country Analysis," 2014 Meeting Papers 533, Society for Economic Dynamics.
    136. Jean-François Rouillard, 2015. "International Risk Sharing and Financial Shocks," Cahiers de recherche 15-13, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.
    137. Kegiang Hou & Alok Johri, 2013. "Intangible Capital and the Excess Volatility of Aggregate Profits," Department of Economics Working Papers 2013-04, McMaster University.
    138. Cun, Wukuang, 2022. "Endogenous lemons markets and information cycles," Journal of Economic Dynamics and Control, Elsevier, vol. 141(C).
    139. Kosuke Aoki & Naoko Hara & Maiko Koga, 2017. "Structural Reforms, Innovation and Economic Growth," Bank of Japan Working Paper Series 17-E-2, Bank of Japan.
    140. Kim, Kwang Hwan & Katayama, Munechika, 2013. "Non-separability and sectoral comovement in a sticky price model," Journal of Economic Dynamics and Control, Elsevier, vol. 37(9), pages 1715-1735.
    141. Stefano Eusepi & Bruce Preston, 2009. "Labor Supply Heterogeneity and Macroeconomic Co-movement," NBER Working Papers 15561, National Bureau of Economic Research, Inc.
    142. Ilut, Cosmin & Saijo, Hikaru, 2021. "Learning, confidence, and business cycles," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 354-376.
    143. Sun Xiaojin & Tsang Kwok Ping, 2019. "What cycles? Data detrending in DSGE models," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 23(3), pages 1-23, June.
    144. Sevgi Coskun, 2016. "Labor Market Fluctuations in Developing Countries," EcoMod2016 9732, EcoMod.
    145. Ellen R. McGrattan, 2010. "Comment on Christian’s “Human Capital Accounting in the United States: 1994–2006”," Staff Report 447, Federal Reserve Bank of Minneapolis.
    146. Jordi Galí, 2022. "Insider–Outsider Labor Markets, Hysteresis, and Monetary Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 54(S1), pages 53-88, February.
    147. Kazuki Hiraga & Kengo Nutahara, 2019. "Fragility in modeling consumption tax revenue," CIGS Working Paper Series 19-003E, The Canon Institute for Global Studies.
    148. Lee E. Ohanian, 2010. "The Economic Crisis from a Neoclassical Perspective," Journal of Economic Perspectives, American Economic Association, vol. 24(4), pages 45-66, Fall.

  12. Robert Shimer & Ivan Werning, 2008. "Liquidity and Insurance for the Unemployed," American Economic Review, American Economic Association, vol. 98(5), pages 1922-1942, December.
    See citations under working paper version above.
  13. Shimer, Robert, 2008. "Comment on: "New Keynesian perspectives on labor market dynamics" by Tommy Sveen and Lutz Weinke," Journal of Monetary Economics, Elsevier, vol. 55(5), pages 931-935, July.

    Cited by:

    1. Alejandro Justiniano & Claudio Michelacci, 2011. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies in the US and Europe," NBER Working Papers 17429, National Bureau of Economic Research, Inc.
    2. Alejandro Justiniano & Claudio Michelacci, 2012. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies in the United States and Europe," NBER International Seminar on Macroeconomics, University of Chicago Press, vol. 8(1), pages 169-235.
    3. Been-Lon Chen & Chih-Fang Lai, 2016. "Relative effects of labor taxes on employment and working hours: role of mechanisms shaping working hours," Journal of Economics, Springer, vol. 117(1), pages 49-84, January.
    4. Atanas Hristov, 2009. "Credit Frictions and Labor Market Dynamics," Working Paper / FINESS 7.3, DIW Berlin, German Institute for Economic Research.

  14. Robert Shimer, 2008. "The Probability of Finding a Job," American Economic Review, American Economic Association, vol. 98(2), pages 268-273, May.

    Cited by:

    1. Carlos Thomas, 2007. "Search Frictions, Real Rigidities and Inflation Dynamics," CEP Discussion Papers dp0822, Centre for Economic Performance, LSE.
    2. Chassamboulli, Andri, 2013. "Labor-market volatility in a matching model with worker heterogeneity and endogenous separations," Labour Economics, Elsevier, vol. 24(C), pages 217-229.
    3. Rodrigo Alfaro & Andrés Sagner, 2011. "Stress Tests for Banking Sector: A Technical Note," Working Papers Central Bank of Chile 610, Central Bank of Chile.
    4. Hila Axelrad & Israel Luski & Miki Malul, 2017. "Reservation Wages and the Unemployment of Older Workers," Journal of Labor Research, Springer, vol. 38(2), pages 206-227, June.
    5. Fabrice Murtin & Alain de Serres & Alexander Hijzen, 2014. "Unemployment and the coverage extension of collective wage agreements," Post-Print hal-03460201, HAL.
    6. Álvarez de Toledo, Pablo & Núñez, Fernando & Usabiaga, Carlos, 2013. "Labour Market Segmentation, Clusters, Mobility and Unemployment Duration with Individual Microdata," MPRA Paper 46003, University Library of Munich, Germany.
    7. Lisauskaite, Elena, 2022. "Matching Efficiency and Heterogeneous Workers in the UK," IZA Discussion Papers 15610, Institute of Labor Economics (IZA).
    8. Shibata, Ippei, 2022. "Reassessing classification errors in the analysis of labor market dynamics," Labour Economics, Elsevier, vol. 78(C).
    9. Schwartz, J., 2015. "Optimal unemployment insurance: When search takes effort and money," Labour Economics, Elsevier, vol. 36(C), pages 1-17.
    10. Michael W. Elsby & Bart Hobijn & Aysegul Sahin, 2010. "The Labor Market in the Great Recession," NBER Working Papers 15979, National Bureau of Economic Research, Inc.
    11. Michael Elsby & Bart Hobijn & Aysegul Sahin, 2008. "Unemployment Dynamics in the OECD," NBER Working Papers 14617, National Bureau of Economic Research, Inc.
    12. Van Belle, Eva & Caers, Ralf & De Couck, Marijke & Di Stasio, Valentina & Baert, Stijn, 2017. "Why Is Unemployment Duration a Sorting Criterion in Hiring?," GLO Discussion Paper Series 115, Global Labor Organization (GLO).
    13. Fabrice Murtin & Alain Serres, 2014. "How Do Policies Affect the Exit Rate out of Unemployment? Disentangling Job Creation from Labour Market Frictions," LABOUR, CEIS, vol. 28(2), pages 190-208, June.
    14. John M. Nunley & Adam Pugh & Nicholas Romero & Richard Alan Seals, Jr., 2014. "Unemployment, Underemployment, and Employment Opportunities: Results from a Correspondence Audit of the Labor Market for College Graduates," Auburn Economics Working Paper Series auwp2014-04, Department of Economics, Auburn University.
    15. Klinger, Sabine & Rothe, Thomas, 2010. "The impact of labour market reforms and economic performance on the matching of short-term and long-term unemployed," IAB-Discussion Paper 201013, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    16. Longhi, Simonetta & Taylor, Mark P., 2011. "Explaining Differences in Job Search Outcomes Between Employed and Unemployed Job Seekers," IZA Discussion Papers 5860, Institute of Labor Economics (IZA).
    17. Felipe Martínez & Rodrigo Cifuentes & Carlos Madeira & Rubén Poblete-Cazenave, 2013. "Measurement of Household Financial Risk with the Survey of Household Finances," Working Papers Central Bank of Chile 682, Central Bank of Chile.
    18. Regis Barnichon & Andrew Figura, 2015. "Labor Market Heterogeneity and the Aggregate Matching Function," American Economic Journal: Macroeconomics, American Economic Association, vol. 7(4), pages 222-249, October.
    19. Daras, Tomasz & Tyrowicz, Joanna, 2009. "Breeding Ones' Own Subprime Crisis: The effects of labour market on financial system stability," MPRA Paper 15202, University Library of Munich, Germany.
    20. Joachim Hubmer, 2018. "The Job Ladder and its Implications for Earnings Risk," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 29, pages 172-194, July.
    21. John M. Nunley & Adam Pugh & Nicholas Romero & Richard Alan Seals, Jr., 2015. "College Major, Internship Experience, and Employment Opportunities: Estimates from a Résumé Audit," Auburn Economics Working Paper Series auwp2015-09, Department of Economics, Auburn University.
    22. JooHee Han, 2018. "Who Goes to College, Military, Prison, or Long-Term Unemployment? Racialized School-to-Labor Market Transitions Among American Men," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 37(4), pages 615-640, August.
    23. Abdoulaye Millogo & Jean-François Rouillard, 2019. "Missing Disinflation and Human Capital Depreciation," Cahiers de recherche 19-03, Departement d'économique de l'École de gestion à l'Université de Sherbrooke, revised Oct 2020.
    24. Altmann, Steffen & Cairo, Sofie & Mahlstedt, Robert & Sebald, Alexander, 2022. "Do Job Seekers Understand the UI Benefit System (And Does It Matter)?," IZA Discussion Papers 15747, Institute of Labor Economics (IZA).
    25. Francisco M. Gonzalez & Shouyong Shi, 2010. "An Equilibrium Theory of Learning, Search, and Wages," Econometrica, Econometric Society, vol. 78(2), pages 509-537, March.
    26. Christopher J. Erceg & Andrew T. Levin, 2014. "Labor Force Participation and Monetary Policy in the Wake of the Great Recession," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 46(S2), pages 3-49, October.
    27. Johann Bacher & Christina Koblbauer & Heinz Leitgöb & Dennis Tamesberger, 2017. "Small differences matter: how regional distinctions in educational and labour market policy account for heterogeneity in NEET rates," Journal for Labour Market Research, Springer;Institute for Employment Research/ Institut für Arbeitsmarkt- und Berufsforschung (IAB), vol. 51(1), pages 1-20, December.
    28. John M. Nunley & Adam Pugh & Nicholas Romero & Richard Alan Seals, Jr., 2015. "Unemployment, Underemployment, and Employment Opportunities: Results from a Correspondence Audit," Auburn Economics Working Paper Series auwp2015-13, Department of Economics, Auburn University.
    29. Javier Fernández‐Blanco & Pedro Gomes, 2017. "Unobserved Heterogeneity, Exit Rates, and Re‐Employment Wages," Scandinavian Journal of Economics, Wiley Blackwell, vol. 119(2), pages 375-404, April.
    30. Jaap H. Abbring, 0000. "Mixed Hitting-Time Models," Tinbergen Institute Discussion Papers 07-057/3, Tinbergen Institute, revised 11 Aug 2009.
    31. Hengjie Ai & Anmol Bhandari, 2021. "Asset Pricing With Endogenously Uninsurable Tail Risk," Econometrica, Econometric Society, vol. 89(3), pages 1471-1505, May.
    32. Namingit, Sheryll & Blankenau, William & Schwab, Benjamin, 2021. "Sick and tell: A field experiment analyzing the effects of an illness-related employment gap on the callback rate," Journal of Economic Behavior & Organization, Elsevier, vol. 185(C), pages 865-882.
    33. Daras, Tomasz & Tyrowicz, Joanna, 2011. "Breeding one's own sub-prime crisis: The labour market effects on financial system stability," Economic Systems, Elsevier, vol. 35(2), pages 278-299, June.
    34. Ayşegül Şahin & Jonathan L. Willis, 2011. "Employment patterns during the recovery: Who are getting the jobs and why?," Economic Review, Federal Reserve Bank of Kansas City, issue Q III, pages 5-34.
    35. Jung, Philip & Kuester, Keith, 2011. "The (un)importance of unemployment fluctuations for the welfare cost of business cycles," Journal of Economic Dynamics and Control, Elsevier, vol. 35(10), pages 1744-1768, October.
    36. Hertweck, Matthias Sebastian & Sigrist, Oliver, 2013. "The Aggregate Effects of the Hartz Reforms in Germany," Working papers 2013/01, Faculty of Business and Economics - University of Basel.
    37. Edgar Preugschat & Javier Fernandez-Blanco, 2011. "A Directed Search Model of Ranking by Unemployment Duration," 2011 Meeting Papers 441, Society for Economic Dynamics.
    38. Carlos Usabiaga & Fernando Núñez & Pablo Álvarez de Toledo, 2013. "Segmentación del mercado de trabajo, clusters, movilidad y duración de desempleo con datos individuales," Economic Working Papers at Centro de Estudios Andaluces E2013/02, Centro de Estudios Andaluces.
    39. Jaap H. Abbring, 2012. "Mixed Hitting‐Time Models," Econometrica, Econometric Society, vol. 80(2), pages 783-819, March.
    40. Fraenkel, Rebecca Cannon, 2022. "Local labor markets and job match quality: Teachers," Labour Economics, Elsevier, vol. 78(C).
    41. Fernandez-Blanco, Javier & Preugschat, Edgar, 2017. "On the effects of ranking by unemployment duration," MPRA Paper 85310, University Library of Munich, Germany.
    42. Arne F. Lyshol & Plamen T. Nenov & Thea Wevelstad, 2021. "Duration Dependence and Labor Market Experience," LABOUR, CEIS, vol. 35(1), pages 105-134, March.
    43. Krause, Annabelle, 2013. "Don’t worry, be happy? Happiness and reemployment," Journal of Economic Behavior & Organization, Elsevier, vol. 96(C), pages 1-20.
    44. Álvarez de Toledo, Pablo & Núñez, Fernando & Usabiaga, Carlos, 2014. "An empirical approach on labour segmentation. Applications with individual duration data," Economic Modelling, Elsevier, vol. 36(C), pages 252-267.
    45. Dean Baker, 2011. "Work Sharing: The Quick Route Back to Full Employment," CEPR Reports and Issue Briefs 2011-15, Center for Economic and Policy Research (CEPR).
    46. Carolina Fugazza, 2018. "Anatomy of Unemployment Risk," Working papers 048, Department of Economics and Statistics (Dipartimento di Scienze Economico-Sociali e Matematico-Statistiche), University of Torino.
    47. Bary S.R. Pradelski, 2014. "Evolutionary Dynamics and Fast Convergence in the Assignment Game," Economics Series Working Papers 700, University of Oxford, Department of Economics.
    48. Michael Elsby & Bart Hobijn & Ayşegül Şahin & Robert G. Valletta, 2011. "The labor market in the Great Recession: an update," Working Paper Series 2011-29, Federal Reserve Bank of San Francisco.
    49. Jaap H. Abbring, 2010. "Identification of Dynamic Discrete Choice Models," Annual Review of Economics, Annual Reviews, vol. 2(1), pages 367-394, September.
    50. Mr. Ippei Shibata, 2019. "Labor Market Dynamics: A Hidden Markov Approach," IMF Working Papers 2019/282, International Monetary Fund.
    51. Mary A. Burke & Katherine Grace Carman & Riley Sullivan & Hefei Wen & James Frank Wharam & Hao Yu, 2022. "Employment Trajectories among Individuals with Opioid Use Disorder: Can Evidence-Based Treatment Improve Outcomes?," Working Papers 22-25, Federal Reserve Bank of Boston.
    52. Schwartz Jeremy, 2020. "Job competition, human capital, and the lock-in effect: can unemployment insurance efficiently allocate human capital," The B.E. Journal of Macroeconomics, De Gruyter, vol. 20(1), pages 1-23, January.

  15. Robert Shimer & Iván Werning, 2007. "Reservation Wages and Unemployment Insurance," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 122(3), pages 1145-1185.
    See citations under working paper version above.
  16. Robert Shimer, 2007. "Daron Acemoglu: 2005 John Bates Clark Medalist," Journal of Economic Perspectives, American Economic Association, vol. 21(1), pages 191-208, Winter.

    Cited by:

    1. Adrian Masters, 2008. "Commitment, advertising and efficiency of two-sided investment in competitive search equilibrium," 2008 Meeting Papers 260, Society for Economic Dynamics.

  17. Robert Shimer, 2006. "Mismatch," Proceedings, Federal Reserve Bank of San Francisco.
    See citations under working paper version above.
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    3. Pieter A. Gautier & Coenraad N. Teulings & Aico van Vuuren, 2005. "On-the-Job Search and Sorting," CESifo Working Paper Series 1537, CESifo.
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    5. Wang, Cheng, 2005. "Termination of Dynamic Contracts in an Equilibrium Labor Market Model," Staff General Research Papers Archive 12403, Iowa State University, Department of Economics.
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    7. Randall D. Cebul & James B. Rebitzer & Lowell J. Taylor & Mark E. Votruba, 2008. "Unhealthy Insurance Markets: Search Frictions and the Cost and Quality of Health Insurance," NBER Working Papers 14455, National Bureau of Economic Research, Inc.
    8. Jean-Marc Robin & Costas Meghir & Jeremy Lise, 2008. "Matching, Sorting and Wages," 2008 Meeting Papers 273, Society for Economic Dynamics.
    9. Fabien Postel-Vinay & Hélène Turon, 2005. "On-the-job Search, Productivity Shocks, and the Individual Earnings Process," PSE Working Papers halshs-00590726, HAL.
    10. Andrey Launov & Klaus Wälde, 2013. "Estimating Incentive And Welfare Effects Of Nonstationary Unemployment Benefits," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 54(4), pages 1159-1198, November.
    11. Carlo Pizzinelli & Konstantinos Theodoridis & Francesco Zanetti, 2018. "State Dependence in Labor Market Fluctuations: Evidence,Theory, and Policy Implications," BCAM Working Papers 1801, Birkbeck Centre for Applied Macroeconomics.
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    41. Chassamboulli Andri, 2011. "Cyclical Upgrading of Labor and Employment Differences across Skill Groups," The B.E. Journal of Macroeconomics, De Gruyter, vol. 11(1), pages 1-42, May.
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    1. Carlos Thomas, 2007. "Search Frictions, Real Rigidities and Inflation Dynamics," CEP Discussion Papers dp0822, Centre for Economic Performance, LSE.
    2. Cervini-Plá, María & Silva, José I. & López-Villavicencio, Antonia, 2012. "Labor disruption costs and real wages cyclicality," MPRA Paper 42366, University Library of Munich, Germany.
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    4. Erin Wolcott, 2018. "Employment Inequality: Why Do the Low-Skilled Work Less Now?," 2018 Meeting Papers 487, Society for Economic Dynamics.
    5. Christian Bayer & Falko Juessen, 2006. "On the Dynamics of Interstate Migration: Migration Costs and Self-Selection," Discussion Papers in Economics 06_03, University of Dortmund, Department of Economics.
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    11. Luisito Bertinelli & Olivier Cardi & Romain Restout, 2016. "Technical change biased toward the traded sector and labor market frictions," Working Papers of BETA 2016-05, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
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    27. Maarten Dossche & Andrea Gavazzi & Vivien Lewis, 2021. "Online Appendix to "Labor Adjustment and Productivity in the OECD"," Online Appendices 20-216, Review of Economic Dynamics.
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    38. Marcus Hagedorn, 2007. "Optimal Ramsey Tax Cycles," IEW - Working Papers 354, Institute for Empirical Research in Economics - University of Zurich.
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    40. Bosch, Mariano & Maloney, William F., 2007. "Gross Worker Flows in the Presence of Informal Labor Markets: Evidence from Mexico, 1987-2002," IZA Discussion Papers 2864, Institute of Labor Economics (IZA).
    41. Ek Spector, Susanne & Holmlund, Bertil, 2010. "Family Job Search, Wage Bargaining, and Optimal Unemployment Insurance," IZA Discussion Papers 4701, Institute of Labor Economics (IZA).
    42. Miroslav Gabrovski & Victor Ortego-Marti, 2018. "Housing Market Dynamics with Search Frictions," Working Papers 201804, University of California at Riverside, Department of Economics.
    43. Francois Langot & Shaimaa Yassin, 2016. "Informality, Public Employment and Employment Protection in Developing Countries," IRENE Working Papers 16-09, IRENE Institute of Economic Research.
    44. Petrosky-Nadeau, Nicolas & Zhang, Lu, 2013. "Unemployment Crises," Working Paper Series 2014-11, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
    45. R. Jason Faberman & Andreas I. Mueller & Ayşegül Şahin & Giorgio Topa, 2022. "Job Search Behavior Among the Employed and Non‐Employed," Econometrica, Econometric Society, vol. 90(4), pages 1743-1779, July.
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    1418. José Silva & Javier Vázquez-Grenno, 2011. "The ins and outs of unemployment and the assimilation of recent immigrants in Spain," Journal of Population Economics, Springer;European Society for Population Economics, vol. 24(4), pages 1309-1330, October.
    1419. Joseph Mullins & Gaston Navarro & Julio Blanco, 2013. "Equilibrium Default and Slow Recoveries," 2013 Meeting Papers 694, Society for Economic Dynamics.
    1420. Ljungqvist, Lars & Sargent, Thomas J., 2007. "Understanding European unemployment with matching and search-island models," Journal of Monetary Economics, Elsevier, vol. 54(8), pages 2139-2179, November.
    1421. Boustanifar, Hamid, 2014. "Finance and employment: Evidence from U.S. banking reforms," Journal of Banking & Finance, Elsevier, vol. 46(C), pages 343-354.
    1422. Korenok, Oleg & Munro, David, 2021. "Wage bargaining in a matching market: Experimental evidence," Labour Economics, Elsevier, vol. 73(C).
    1423. Renuka Metcalfe, 2006. "The Dynamic Wage Barganing Problem," School of Economics Discussion Papers 1106, School of Economics, University of Surrey.
    1424. Holmberg, Johan, 2021. "Earnings and Employment Dynamics: Capturing Cyclicality using Mixed Frequency Data," Umeå Economic Studies 991, Umeå University, Department of Economics.
    1425. Noel Gaston & Gulasekaran Rajaguru, 2015. "A Markov-switching structural vector autoregressive model of boom and bust in the Australian labour market," Empirical Economics, Springer, vol. 49(4), pages 1271-1299, December.

  20. Robert Shimer, 2005. "The cyclicality of hires, separations, and job-to-job transitions," Review, Federal Reserve Bank of St. Louis, vol. 87(Jul), pages 493-508.

    Cited by:

    1. Kyle Herkenhoff & Lee Ohanian, 2018. "Online Appendix to "The Impact of Foreclosure Delay on U.S. Employment"," Online Appendices 18-242, Review of Economic Dynamics.
    2. Bosch, Mariano & Maloney, William F., 2007. "Gross Worker Flows in the Presence of Informal Labor Markets: Evidence from Mexico, 1987-2002," IZA Discussion Papers 2864, Institute of Labor Economics (IZA).
    3. Stéphane Auray & Aurélien Eyquem & Paul Gomme, 2017. "Debt Hangover in the Aftermath of the Great Recession," Post-Print halshs-01520860, HAL.
    4. Gielen, Anne C. & van Ours, Jan C., 2006. "Age-specific cyclical effects in job reallocation and labor mobility," Labour Economics, Elsevier, vol. 13(4), pages 493-504, August.
    5. Helge Braun & Reinout De Bock & Riccardo DiCecio, 2006. "Aggregate shocks and labor market fluctuations," Working Papers 2006-004, Federal Reserve Bank of St. Louis.
    6. Gary Solon & Ryan Michaels & Michael W. L. Elsby, 2009. "The Ins and Outs of Cyclical Unemployment," American Economic Journal: Macroeconomics, American Economic Association, vol. 1(1), pages 84-110, January.
    7. Daniel Borowczyk-Martins & Etienne Lalé, 2016. "The Rise of Part-time Employment," SciencePo Working papers Main hal-01311976, HAL.
    8. Guido W. Imbens & Lisa M. Lynch, 1993. "Re-Employment Probabilities over the Business Cycle," NBER Working Papers 4585, National Bureau of Economic Research, Inc.
    9. Jean-Olivier Hairault & Anastasia Zhutova, 2018. "The cyclicality of labor-market flows: A multiple-shock approach," PSE-Ecole d'économie de Paris (Postprint) halshs-01802891, HAL.
    10. Martins, Pedro S., 2007. "Heterogeneity in Real Wage Cyclicality," IZA Discussion Papers 2929, Institute of Labor Economics (IZA).
    11. Daniel Borowczyk-Martins & Étienne Lalé, 2018. "The Ins and Outs of Involuntary Part-time Employment," CIRANO Working Papers 2018s-39, CIRANO.
    12. Mukoyama, Toshihiko, 2014. "The cyclicality of job-to-job transitions and its implications for aggregate productivity," Journal of Economic Dynamics and Control, Elsevier, vol. 39(C), pages 1-17.
    13. Bosch, Mariano & Goni Pacchioni, Edwin & Maloney, William F., 2007. "The Determinants of Rising Informality in Brazil: Evidence from Gross Worker Flows," IZA Discussion Papers 2970, Institute of Labor Economics (IZA).
    14. Beauchemin, Kenneth & Tasci, Murat, 2014. "Diagnosing Labor Market Search Models: A Multiple-Shock Approach," Macroeconomic Dynamics, Cambridge University Press, vol. 18(3), pages 548-572, April.
    15. Zaveh, Fakhraldin, 2014. "Search, Rigidities and Unemployment Dynamics," EconStor Preprints 157661, ZBW - Leibniz Information Centre for Economics.
    16. Kónya, István, 2016. "Munkapiaci áramlások Magyarországon és Európában [Labour-market flows in Hungary and Europe]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(4), pages 357-379.
    17. Guo, Junjie, 2022. "The persistent impact of multiple offers," Labour Economics, Elsevier, vol. 74(C).
    18. Anna Almosova, 2016. "Labor Market Frictions and Monetary Policy Design," SFB 649 Discussion Papers SFB649DP2016-054, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
    19. Burcu Eyigungor, 2008. "Specific capital and vintage effects on the dynamics of unemployment and vacancies," Working Papers 08-6, Federal Reserve Bank of Philadelphia.
    20. Régis Barnichon, 2007. "Productivity, Aggregate Demand and Unemployment Fluctuations," CEP Discussion Papers dp0819, Centre for Economic Performance, LSE.
    21. Eric French & Bhashkar Mazumder & Christopher Taber, 2005. "The changing pattern of wage growth for low skilled workers," Working Paper Series WP-05-24, Federal Reserve Bank of Chicago.
    22. Anton A. Cheremukhin & Paulina Restrepo-Echavarria, 2010. "The labor wedge as a matching friction," Working Papers 1004, Federal Reserve Bank of Dallas.
    23. Bosch, Mariano & Maloney, William, 2007. "Comparative analysis of labor market dynamics using markov processes : an application to informality," Policy Research Working Paper Series 4429, The World Bank.
    24. David O. Lucca & Amit Seru & Francesco Trebbi, 2014. "The revolving door and worker flows in banking regulation," Staff Reports 678, Federal Reserve Bank of New York.
    25. Monica Andini & Guido de Blasio & Gilles Duranton & William Strange, 2012. "Marshallian Labor Market Pooling: Evidence from Italy," ERSA conference papers ersa12p467, European Regional Science Association.
    26. Machado, José & Portugal, Pedro & Guimarães, Juliana, 2006. "U.S. Unemployment Duration: Has Long Become Longer or Short Become Shorter?," IZA Discussion Papers 2174, Institute of Labor Economics (IZA).
    27. Ellen R. Rissman, 2007. "Labor market transitions and self-employment," Working Paper Series WP-07-14, Federal Reserve Bank of Chicago.
    28. Tsou, Meng-Wen & Liu, Jin-Tan, 2008. "Age-specific job flows and worker flows using a national dataset," Economics Letters, Elsevier, vol. 99(2), pages 398-401, May.
    29. Thomas B. King & James Morley, 2005. "In search of the natural rate of unemployment," Supervisory Policy Analysis Working Papers 2005-05, Federal Reserve Bank of St. Louis.
    30. Murat Tasci, 2006. "On-the-Job Search and Labor Market Reallocation," 2006 Meeting Papers 333, Society for Economic Dynamics.
    31. Ronald BACHMANN & Rahel FELDER, 2018. "Job stability in Europe over the cycle," International Labour Review, International Labour Organization, vol. 157(3), pages 481-518, September.
    32. Régis Barnichon, 2007. "The Shimer Puzzle and the Correct Identification of Productivity Shocks," CEP Discussion Papers dp0823, Centre for Economic Performance, LSE.
    33. Costain, James & Jansen, Marcel, 2009. "Employment Fluctuations with Downward Wage Rigidity: The Role of Moral Hazard," IZA Discussion Papers 4344, Institute of Labor Economics (IZA).
    34. Yelena Takhtamanova & Eva Sierminska, 2012. "Distributional Impact of the Great Recession on Industry Unemployment for 1976-2011," Discussion Papers of DIW Berlin 1233, DIW Berlin, German Institute for Economic Research.
    35. Jolivet, Grégory, 2009. "A longitudinal analysis of search frictions and matching in the U.S. labor market," Labour Economics, Elsevier, vol. 16(2), pages 121-134, April.
    36. Thomas, Carlos, 2006. "Search and matching frictions and optimal monetary policy," LSE Research Online Documents on Economics 19782, London School of Economics and Political Science, LSE Library.
    37. Mariano Bosch & William Maloney, 2006. "Gross Worker Flows in the Presence of Informal Labor Markets. The Mexican Experience 1987-2002," CEP Discussion Papers dp0753, Centre for Economic Performance, LSE.
    38. Willem Van Zandweghe, 2009. "On-the-job search, sticky prices, and persistence," Research Working Paper RWP 09-03, Federal Reserve Bank of Kansas City.
    39. Gartell, Marie & Jans, Ann-Christin & Persson, Helena, 2010. "The importance of education for the reallocation of labor: Evidence from Swedish linked employer-employee data 1986-2002," Labour Economics, Elsevier, vol. 17(1), pages 206-214, January.
    40. Bosch, Mariano & Maloney, William F., 2008. "Cyclical Movements in Unemployment and Informality in Developing Countries," IZA Discussion Papers 3514, Institute of Labor Economics (IZA).
    41. Leonardo Fabio Morales & Didier Hermida & Eleonora Dávalos, 2019. "Interactions between Formal and Informal Labor Dynamics: Revealing Job Flows from Household Surveys," Borradores de Economia 1090, Banco de la Republica de Colombia.
    42. Casares, Miguel, 2013. "On firm-level, industry-level, and aggregate employment fluctuations," Journal of Economic Dynamics and Control, Elsevier, vol. 37(12), pages 2963-2978.
    43. Manuel Macera & Hitoshi Tsujiyama, 2018. "Frictional Labor Markets, Education Choices and Wage Inequality," 2018 Meeting Papers 827, Society for Economic Dynamics.
    44. Schaffner, Sandra, 2011. "Heterogeneity in the cyclical sensitivity of job-to-job flows," Zeitschrift für ArbeitsmarktForschung - Journal for Labour Market Research, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 43(4), pages 263-275.
    45. Kawaguchi, Daiji & Mori, Yuko, 2021. "Estimating the effects of the minimum wage using the introduction of indexation," Journal of Economic Behavior & Organization, Elsevier, vol. 184(C), pages 388-408.
    46. Kyle F. Herkenhoff & Lee E. Ohanian, 2015. "The Impact of Foreclosure Delay on U.S. Employment," NBER Working Papers 21532, National Bureau of Economic Research, Inc.
    47. Takhtamanova, Yelena & Sierminska, Eva, 2017. "Impact of the Great Recession on industry unemployment: a 1976-2011 comparison," MERIT Working Papers 2017-003, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    48. Khalifa, Sherif, 2015. "Learning-by-doing and unemployment dynamics," Economic Modelling, Elsevier, vol. 44(C), pages 180-187.
    49. Nikita Céspedes Reynaga & N.R. Ramírez-Rondán, 2020. "Job finding and separation rates in an economy with high labor informality," Working Papers 166, Peruvian Economic Association.
    50. Ronald Bachmann, 2005. "Labour Market Dynamics in Germany: Hirings, Separations, and Job-to-Job Transitions over the Business Cycle," SFB 649 Discussion Papers SFB649DP2005-045, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
    51. Andrew Figura & William L. Wascher, 2008. "The causes and consequences of economic restructuring: evidence from the early 21st century," Finance and Economics Discussion Series 2008-41, Board of Governors of the Federal Reserve System (U.S.).
    52. Guler, Bulent & Taskin, Ahmet Ali, 2018. "Homeownership and unemployment: The effect of market size," Labour Economics, Elsevier, vol. 54(C), pages 191-209.
    53. Tsou, Meng-Wen & Liu, Jin-Tan & Hammitt, James K. & Chang, Ching-Fu, 2013. "The impact of foreign direct investment in China on employment adjustments in Taiwan: Evidence from matched employer–employee data," Japan and the World Economy, Elsevier, vol. 25, pages 68-79.
    54. Guillaume Rocheteau & Murat Tasci, 2008. "Positive and normative effects of a minimum wage," Working Papers (Old Series) 0801, Federal Reserve Bank of Cleveland.

  21. Robert Shimer, 2005. "Discussion of Robert E. Hall's REStat Lecture "Employment Efficiency and Sticky Wages: Evidence from Flows in the Labor Market"," The Review of Economics and Statistics, MIT Press, vol. 87(3), pages 408-410, August.

    Cited by:

    1. Gary Solon & Ryan Michaels & Michael W. L. Elsby, 2009. "The Ins and Outs of Cyclical Unemployment," American Economic Journal: Macroeconomics, American Economic Association, vol. 1(1), pages 84-110, January.
    2. Gielen, Anne C. & van Ours, Jan C., 2006. "Why Do Worker-Firm Matches Dissolve?," IZA Discussion Papers 2165, Institute of Labor Economics (IZA).
    3. Marco Guerrazzi, 2011. "Search And Stochastic Dynamics In The Old Keynesian Economics: A Rationale For The Shimer Puzzle," Metroeconomica, Wiley Blackwell, vol. 62(4), pages 561-586, November.

  22. Robert Shimer, 2005. "The Assignment of Workers to Jobs in an Economy with Coordination Frictions," Journal of Political Economy, University of Chicago Press, vol. 113(5), pages 996-1025, October.
    See citations under working paper version above.
  23. Robert Shimer, 2004. "The Consequences of Rigid Wages in Search Models," Journal of the European Economic Association, MIT Press, vol. 2(2-3), pages 469-479, 04/05.
    See citations under working paper version above.
  24. Shimer Robert & Smith Lones, 2001. "Matching, Search, and Heterogeneity," The B.E. Journal of Macroeconomics, De Gruyter, vol. 1(1), pages 1-18, April.

    Cited by:

    1. Mukoyama, Toshihiko & Sahin, Aysegül, 2009. "Specialization and efficiency with labor-market matching," Journal of Economic Dynamics and Control, Elsevier, vol. 33(1), pages 221-236, January.
    2. Matteo Richiardi, 2004. "A Search Model Of Unemployment And Firm Dynamics," World Scientific Book Chapters, in: Roberto Leombruni & Matteo Richiardi (ed.), Industry And Labor Dynamics The Agent-Based Computational Economics Approach, chapter 7, pages 107-128, World Scientific Publishing Co. Pte. Ltd..
    3. Blázquez, Maite & Jansen, Marcel, 2008. "Search, mismatch and unemployment," European Economic Review, Elsevier, vol. 52(3), pages 498-526, April.
    4. Gaetano Antinolfi & Francesca Carapella & Charles M. Kahn & Antoine Martin & David C. Mills & Ed Nosal, 2012. "Repos, fire sales, and bankruptcy policy," Working Paper Series WP-2012-15, Federal Reserve Bank of Chicago.
    5. Artem Neklyudov, 2019. "Bid-Ask Spreads and the Over-the-Counter Interdealer Markets: Core and Peripheral Dealers," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 33, pages 57-84, July.
    6. Claudio Michelacci & Javier Suarez, 2006. "Incomplete Wage Posting," Journal of Political Economy, University of Chicago Press, vol. 114(6), pages 1098-1123, December.
    7. Kinda Hachem, 2014. "Inefficiently Low Screening with Walrasian Markets," NBER Working Papers 20365, National Bureau of Economic Research, Inc.
    8. Batyra, Anna & Sneessens, Henri R., 2010. "Selective reductions in labor taxation: Labor market adjustments and macroeconomic performance," Journal of Policy Modeling, Elsevier, vol. 32(4), pages 531-543, July.
    9. Nicole Immorlica & Brendan Lucier & Vahideh Manshadi & Alexander Wei, 2023. "Designing Approximately Optimal Search on Matching Platforms," Management Science, INFORMS, vol. 69(8), pages 4609-4626, August.
    10. Arnaud Chéron & Jean-Olivier Hairault & François Langot, 2011. "Age-Dependent Employment Protection," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00623282, HAL.
    11. Paulina Restrepo-Echavarria & Antonella Tutino & Anton Cheremukhin, 2012. "The Assignment of Workers to Jobs with Endogenous Information Selection," 2012 Meeting Papers 164, Society for Economic Dynamics.
    12. Chéron, Arnaud & Rouland, Bénédicte, 2011. "Endogenous job destructions and the distribution of wages," Labour Economics, Elsevier, vol. 18(6), pages 845-852.
    13. Eleftheriou, Konstantinos, 2011. "Efficiency and specialization: A search theoretic approach," Economic Modelling, Elsevier, vol. 28(1-2), pages 229-238, January.
    14. Guillaume Wilemme, 2017. "Optimal Taxation to Correct Job Mismatching," AMSE Working Papers 1723, Aix-Marseille School of Economics, France.
    15. Chéron, Arnaud & Hairault, Jean-Olivier & Langot, François, 2008. "Life-Cycle Equilibrium Unemployment," IZA Discussion Papers 3396, Institute of Labor Economics (IZA).
    16. Paulina Restrepo-Echavarria & Antonella Tutino & Anton Cheremukhin, 2017. "Targeted Search in Matching Markets," 2017 Meeting Papers 1413, Society for Economic Dynamics.
    17. YIlmaz, Ensar, 2011. "Income distribution, efficiency and rationing," Economic Modelling, Elsevier, vol. 28(3), pages 1247-1255, May.
    18. Semih Üslü, 2019. "Pricing and Liquidity in Decentralized Asset Markets," Econometrica, Econometric Society, vol. 87(6), pages 2079-2140, November.
    19. Shakhnov, Kirill, 2014. "The allocation of talent: finance versus entrepreneurship," Economics Working Papers ECO2014/13, European University Institute.
    20. Mangin, Sephorah & Julien, Benoît, 2021. "Efficiency in search and matching models: A generalized Hosios condition," Journal of Economic Theory, Elsevier, vol. 193(C).
    21. Hassan Molana & Catia Montagna & George E. Onwordi, 2020. "De-globalisation, welfare state reforms and labour market outcomes," Discussion Papers 2020-19, University of Nottingham, GEP.
    22. Farboodi, Maryam & Kondor, Peter, 2021. "Cleansing by tight credit: rational cycles and endogenous lending standards," LSE Research Online Documents on Economics 118900, London School of Economics and Political Science, LSE Library.
    23. Davi B. Costa, 2021. "Benefits of marriage as a search strategy," Papers 2108.04885, arXiv.org, revised Aug 2021.
    24. Godfrey Keller & Kevin Roberts & Margaret Stevens, 2007. "Unemployment, Participation and Market Size," Economics Series Working Papers 362, University of Oxford, Department of Economics.
    25. Woodcock Simon D, 2010. "Heterogeneity and Learning in Labor Markets," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-69, September.
    26. Decreuse, Bruno, 2003. "Choosy search and the mismatch of talents," MPRA Paper 3636, University Library of Munich, Germany, revised Feb 2007.
    27. Robert Shimer & Gregor Jarosch & Maryam Farboodi, 2016. "Meeting Technologies in Decentralized Asset Markets," 2016 Meeting Papers 844, Society for Economic Dynamics.
    28. Ronald Bachmann, 2005. "Skill mismatch in equilibrium unemployment," SFB 649 Discussion Papers SFB649DP2005-034, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany, revised Aug 2005.
    29. Damiano, Ettore & Li, Hao & Suen, Wing, 2004. "Unraveling of Dynamic Sorting," Microeconomics.ca working papers damiano-04-08-11-03-02-02, Vancouver School of Economics, revised 11 Aug 2004.
    30. Leon J.H. Bettendorf & D. Peter Broer, 2003. "Lifetime Labor Supply in a Search Model of Unemployment," Tinbergen Institute Discussion Papers 03-032/2, Tinbergen Institute.
    31. Blázquez, Maite & Jansen, Marcel, 2003. "Efficiency in a matching model with heterogeneous agents: too many good or bad jobs?," UC3M Working papers. Economics we035019, Universidad Carlos III de Madrid. Departamento de Economía.
    32. Antonio Estache & Renaud Foucart, 2018. "On the Political Economy of Industrial, Labor and Social Reforms as Complements," Working Papers ECARES 2018-13, ULB -- Universite Libre de Bruxelles.
    33. Johannes Baumler & Martin Bullinger & Stefan Kober & Donghao Zhu, 2022. "Superiority of Instantaneous Decisions in Thin Dynamic Matching Markets," Papers 2206.10287, arXiv.org, revised Jun 2023.
    34. Breda, Thomas & Haywood, Luke & Wang, Haomin, 2022. "Equilibrium Effects of Payroll Tax Reductions and Optimal Policy Design," IZA Discussion Papers 15810, Institute of Labor Economics (IZA).
    35. Richard Wallick, 2012. "Agent-based modeling, public choice, and the legacy of Gordon Tullock," Public Choice, Springer, vol. 152(1), pages 223-244, July.
    36. Robert Dixon & John Freebairn & Emayenesh Seyoum-Tegegn, 2008. "State & Territory Beveridge Curvesand the National Equilibrium Unemployment Rate," Department of Economics - Working Papers Series 1033, The University of Melbourne.
    37. Epstein, Brendan & Nunn, Ryan & Orak, Musa & Patel, Elena, 2023. "Taxation, social welfare, and labor market frictions," European Economic Review, Elsevier, vol. 151(C).
    38. Yuliia Stupnytska & Anna Zaharieva, 2017. "Optimal policy and the role of social contacts in a search model with heterogeneous workers," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 19(5), pages 957-985, October.
    39. Ihsaan Bassier & Arindrajit Dube & Suresh Naidu, 2020. "Monopsony in Movers: The Elasticity of Labor Supply to Firm Wage Policies," NBER Working Papers 27755, National Bureau of Economic Research, Inc.

  25. Robert Shimer, 2001. "The Impact of Young Workers on the Aggregate Labor Market," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 116(3), pages 969-1007.
    See citations under working paper version above.
  26. Robert Shimer & Lones Smith, 2000. "Assortative Matching and Search," Econometrica, Econometric Society, vol. 68(2), pages 343-370, March.
    See citations under working paper version above.
  27. Daron Acemoglu & Robert Shimer, 2000. "Wage and Technology Dispersion," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 67(4), pages 585-607.

    Cited by:

    1. Galenianos, Manolis & Kirchner, Philipp A., 2005. "Directed Search with Multiple Job Applications," Bonn Econ Discussion Papers 20/2005, University of Bonn, Bonn Graduate School of Economics (BGSE).
    2. Bruno Decreuse & André Zylberberg, 2011. "Search Intensity, Directed Search, And The Wage Distribution," Journal of the European Economic Association, European Economic Association, vol. 9(6), pages 1168-1186, December.
    3. Julien, Benoit & Kennes, John & King, Ian, 2006. "The Mortensen rule and efficient coordination unemployment," Economics Letters, Elsevier, vol. 90(2), pages 149-155, February.
    4. Carlos E. da Costa & Lucas J. Maestri, 2019. "Optimal Mirrleesian taxation in non-competitive labor markets," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 68(4), pages 845-886, November.
    5. Eric Bartelsman & Andrea Bassanini & John Haltiwanger & Ron Jarmin & Stefano Scarpetta & Thorsten Schank, 2002. "The Spread of ICT and Productivity Growth: Is Europe Really Lagging Behind in the New Economy?," Working Papers halshs-00289168, HAL.
    6. Shapiro, Joel, 2006. "Wage and effort dispersion," Economics Letters, Elsevier, vol. 92(2), pages 163-169, August.
    7. Thomas Gries & Wim Naudé, 2010. "Entrepreneurship and structural economic transformation," Small Business Economics, Springer, vol. 34(1), pages 13-29, January.
    8. Randall D. Cebul & James B. Rebitzer & Lowell J. Taylor & Mark E. Votruba, 2008. "Unhealthy Insurance Markets: Search Frictions and the Cost and Quality of Health Insurance," NBER Working Papers 14455, National Bureau of Economic Research, Inc.
    9. Thomas Gries & Stefan Jungblut & Wim Naudé, 2016. "The entrepreneurship Beveridge curve," International Journal of Economic Theory, The International Society for Economic Theory, vol. 12(2), pages 151-165, June.
    10. Ronald P. Wolthoff, 2010. "Applications and Interviews: A Structural Analysis of Two-Sided Simultaneous Search," Working Papers tecipa-418, University of Toronto, Department of Economics.
    11. Daudey, Emilie & Decreuse, Bruno, 2006. "Higher education, employers’ monopsony power and the labour share in OECD countries," MPRA Paper 3631, University Library of Munich, Germany.
    12. Gabriele Camera & Alain Delacroix, 2004. "Trade Mechanism Selection in Markets with Frictions," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 7(4), pages 851-868, October.
    13. Atayev, Atabek, 2022. "Uncertain product availability in search markets," Journal of Economic Theory, Elsevier, vol. 204(C).
    14. Subal Kumbhakar & Christopher Parmeter, 2009. "The effects of match uncertainty and bargaining on labor market outcomes: evidence from firm and worker specific estimates," Journal of Productivity Analysis, Springer, vol. 31(1), pages 1-14, February.
    15. Van den Berg, Gerard & van Vuuren, Aico, 2003. "The Effect of Search Frictions on Wages," CEPR Discussion Papers 3979, C.E.P.R. Discussion Papers.
    16. Peters, Michael, 2005. "Unobservable Heterogeneity in Directed Search," Microeconomics.ca working papers peters-05-06-13-01-50-30, Vancouver School of Economics, revised 16 Oct 2009.
    17. Joel Shapiro, 2003. "Wage Inequality in a Frictional Labor Market," Working Papers 94, Barcelona School of Economics.
    18. Claudio Michelacci & Javier Suarez, 2006. "Incomplete Wage Posting," Journal of Political Economy, University of Chicago Press, vol. 114(6), pages 1098-1123, December.
    19. Glazer, Amihai & Hassin, Refael, 2010. "Inducing search by periodic advertising," Information Economics and Policy, Elsevier, vol. 22(3), pages 276-286, July.
    20. Van den Berg, Gerard, 2005. "Revolutionary Effects of New Information Technologies," CEPR Discussion Papers 5147, C.E.P.R. Discussion Papers.
    21. Acemoglu, D., 1996. "Changes in Unemployment and Wage Inequality: An Alternative Theory and Some Evidence," Working papers 96-15, Massachusetts Institute of Technology (MIT), Department of Economics.
    22. Atabek Atayev, 2021. "Uncertain Product Availability in Search Markets," Papers 2109.15211, arXiv.org.
    23. Pieter A. Gautier & José Luis Moraga-González, 2004. "Strategic Wage Setting and Coordination Frictions with Multiple Applications," CESifo Working Paper Series 1304, CESifo.
    24. Donna, Javier D. & Schenone, Pablo & Veramendi, Gregory F., 2020. "Networks, frictions, and price dispersion," Munich Reprints in Economics 84735, University of Munich, Department of Economics.
    25. Basov, Suren & King, Ian & Uren, Lawrence, 2014. "Worker heterogeneity, the job-finding rate, and technical change," European Economic Review, Elsevier, vol. 70(C), pages 159-177.
    26. Yassine Badra, 2020. "The impact of online low search costs on firms' incentives to invest in quality," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 41(8), pages 1629-1633, December.
    27. Gries, Thomas & Jungblut, Stefan & Naudé, Wim, 2012. "New firm creation and failure: A matching approach," MERIT Working Papers 2012-015, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    28. Philipp Kircher, 2009. "Efficiency of Simultaneous Search," Journal of Political Economy, University of Chicago Press, vol. 117(5), pages 861-913, October.
    29. Rosholm, Michael & Svarer, Michael, 2004. "Endogenous wage dispersion in a search-matching model," Labour Economics, Elsevier, vol. 11(5), pages 623-645, October.
    30. Stefano Banfi & Benjamín Villena-Roldán, 2016. "Do High-Wage Jobs Attract more Applicants? Directed Search Evidence from the Online Labor Market," Documentos de Trabajo 327, Centro de Economía Aplicada, Universidad de Chile.
    31. John Kennes, 2006. "Competitive Auctions: Theory and Application," Contributions to Economic Analysis, in: Structural Models of Wage and Employment Dynamics, pages 145-168, Emerald Group Publishing Limited.
    32. Bruno Decreuse & Steeve Mongrain & Tanguy van Ypersele, 2022. "Property crime and private protection allocation within cities: Theory and evidence," Economic Inquiry, Western Economic Association International, vol. 60(3), pages 1142-1163, July.
    33. G. Sulis, 2004. "Wage Dispersion and Equilibrium Search. Models: Some Evidence from Italy," Working Paper CRENoS 200402, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    34. Bruno Decreuse & André Zylberberg, 2007. "Job search with ubiquity and the wage distribution," Working Papers halshs-00255780, HAL.
    35. Maarten C. W. Janssen & José Luis Moraga-González & Matthijs R. Wildenbeest, 2004. "Consumer Search and Oligopolistic Pricing: An Empirical Investigation," CESifo Working Paper Series 1292, CESifo.
    36. Jose Luis Moraga-Gonzalez & Zsolt Sandor & Matthijs R. Wildenbeest, 2010. "Nonsequential Search Equilibrium with Search Cost Heterogeneity," Working Papers 2010-11, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
    37. Steven J. Davis & R. Jason Faberman & John C. Haltiwanger, 2010. "The Establishment-Level Behavior of Vacancies and Hiring," NBER Working Papers 16265, National Bureau of Economic Research, Inc.
    38. Florian Mayneris & Sandra Poncet & Tao Zhang, 2018. "Improving or disappearing: Firm-level adjustments to minimum wages in China," Post-Print halshs-01885465, HAL.
    39. Rao, Neel, 2015. "General training in labor markets: Common value auctions with unobservable investment," Journal of Economic Behavior & Organization, Elsevier, vol. 120(C), pages 19-45.
    40. Schmieder, Johannes F., 2023. "Establishment age and wages," Journal of Econometrics, Elsevier, vol. 233(2), pages 424-442.
    41. Åsa Rosen & Espen Rasmus Moen, 2011. "On the job search and moral hazard," 2011 Meeting Papers 942, Society for Economic Dynamics.
    42. Bemjamin Villena-Roldan, 2009. "Aggregate Implications of Employer Search and Recruiting Selection," 2009 Meeting Papers 97, Society for Economic Dynamics.
    43. Maciej K. Dudek & ówna Handlowa, 2006. "On Artificial Structural Unemployment," Computing in Economics and Finance 2006 171, Society for Computational Economics.
    44. Jose Luis Moraga-Gonzalez & Zsolt Sandor & Matthijs R. Wildenbeest, 2008. "Nonparametric Estimation of the Costs of Non-Sequential Search," Tinbergen Institute Discussion Papers 07-102/1, Tinbergen Institute.
    45. John Kennes & Daniel le Maire, 2010. "Coordination Frictions and Job Heterogeneity: A Discrete Time Analysis," Economics Working Papers 2010-05, Department of Economics and Business Economics, Aarhus University.
    46. Van den Berg, Gerard, 2003. "Multiple Equilibria and Minimum Wages in Labour Markets with Informational Frictions and Heterogenous Production Technologies," CEPR Discussion Papers 3977, C.E.P.R. Discussion Papers.
    47. Garloff Alfred & Fitzenberger Bernd, 2007. "Labor Market Transitions and the Wage Structure in Germany," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 227(2), pages 115-152, April.
    48. Angyridis, Constantine & Zhou, Haiwen, 2022. "Search, Technology Choice, and Unemployment," MPRA Paper 112064, University Library of Munich, Germany.
    49. Garloff, Alfred, 2003. "Lohndispersion und Arbeitslosigkeit: Neuere Ansätze in der Suchtheorie," ZEW Discussion Papers 03-60, ZEW - Leibniz Centre for European Economic Research.
    50. Kultti, Klaus & Pekkarinen, Teemu, 2021. "Equilibrium price and advertisement distributions," Journal of Mathematical Economics, Elsevier, vol. 97(C).
    51. Luca Paolo Merlino, 2012. "Discrimination, technology and unemployment," Post-Print hal-01263757, HAL.
    52. Ali M. Ahmed, 2008. "‘If You Believe That Discrimination Exists, It Will’*†," Manchester School, University of Manchester, vol. 76(6), pages 613-628, December.
    53. Ahmed, Ali M., 2006. "Discrimination: Believe it and You'll See It," CAFO Working Papers 2006:10, Linnaeus University, Centre for Labour Market Policy Research (CAFO), School of Business and Economics.
    54. Chakrabarti, Anindya S. & Lahkar, Ratul, 2017. "Productivity dispersion and output fluctuations: An evolutionary model," Journal of Economic Behavior & Organization, Elsevier, vol. 137(C), pages 339-360.
    55. Alan Manning, 2010. "Imperfect Competition in the Labour Market," CEP Discussion Papers dp0981, Centre for Economic Performance, LSE.
    56. Pablo D. Fajgelbaum, 2013. "Labor Market Frictions, Firm Growth, and International Trade," NBER Working Papers 19492, National Bureau of Economic Research, Inc.
    57. Joel Shapiro, 2001. "Income taxation in a frictional labor market," Economics Working Papers 559, Department of Economics and Business, Universitat Pompeu Fabra.
    58. Levy, David M. & Makowsky, Michael D., 2010. "Price dispersion and increasing returns to scale," Journal of Economic Behavior & Organization, Elsevier, vol. 73(3), pages 406-417, March.
    59. Ken Hori, 2007. "Wage-Directed Job Match with Multiple Applications and Multiple Vacancies: The Optimal Job Application Strategy and Wage Dispersion," Birkbeck Working Papers in Economics and Finance 0711, Birkbeck, Department of Economics, Mathematics & Statistics.
    60. Camera, G. & Delacroix, A., 2001. "Bargaining or Price Posting?," Purdue University Economics Working Papers 1147, Purdue University, Department of Economics.
    61. Eugene Kandel & Avi Simhon, 2002. "Between Search and Walras," Journal of Labor Economics, University of Chicago Press, vol. 20(1), pages 59-85, January.
    62. Kangoh Lee, 2021. "Labor market frictions, capital, taxes and employment," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 28(6), pages 1329-1359, December.
    63. Piekkola, Hannu & Haaparanta, Pertti, 1999. "Liquidity Constraints Faced by Firm and Employment," Discussion Papers 695, The Research Institute of the Finnish Economy.
    64. Atayev, Atabek, 2021. "Uncertain product availability in search markets," ZEW Discussion Papers 21-089, ZEW - Leibniz Centre for European Economic Research.
    65. Galindo-Rueda, Fernando, 2002. "Endogenous Wage and Capital Dispersion, On-the-Job Search and the Matching Technology," IZA Discussion Papers 625, Institute of Labor Economics (IZA).
    66. Maxim Bouev, 2002. "Official Regulations and the Shadow Economy: A Labour Market Approach," William Davidson Institute Working Papers Series 524, William Davidson Institute at the University of Michigan.
    67. John Kennes & Ian Paul King & Benoit Julien, 2002. "'Residual' Wage Disparity in Directed Search Equilibrium," Macroeconomics 0205003, University Library of Munich, Germany.
    68. Jon Strand, 2003. "Wage Bargaining Versus Efficiency Wages: A Synthesis," Bulletin of Economic Research, Wiley Blackwell, vol. 55(1), pages 1-20, January.
    69. Yosuke Oda, 2008. "Note on the Determinants of Wage Dispersion," Discussion Papers in Economics and Business 08-37, Osaka University, Graduate School of Economics.
    70. Fitzenberger, Bernd & Garloff, Alfred, 2005. "Descriptive Evidence on Labor Market Transitions and the Wage Structure in Germany," ZEW Discussion Papers 05-95, ZEW - Leibniz Centre for European Economic Research.
    71. Asa Rosen & Espen R Moen, 2007. "Small Markets," 2007 Meeting Papers 732, Society for Economic Dynamics.
    72. Benjamin Lester, 2011. "Information and Prices with Capacity Constraints," American Economic Review, American Economic Association, vol. 101(4), pages 1591-1600, June.
    73. Rodolfo E. Manuelli, 2000. "Technological Change, the Labor Market and the Stock Market," NBER Working Papers 8022, National Bureau of Economic Research, Inc.
    74. Kenjiro Hori, 2005. "Job Matching with Multiple-Hiring Firms and Heterogeneous Workers: A Microfoundation," Birkbeck Working Papers in Economics and Finance 0514, Birkbeck, Department of Economics, Mathematics & Statistics.
    75. Feng, Shuaizhang & Zheng, Bingyong, 2009. "Cherry-Picking in Labor Market with Imperfect Information," IZA Discussion Papers 4309, Institute of Labor Economics (IZA).
    76. Gautier, Pieter A. & Moraga-González, José L., 2018. "Search intensity, wage dispersion and the minimum wage," Labour Economics, Elsevier, vol. 50(C), pages 80-86.
    77. Maliranta, Mika, 2002. "From R&D to Productivity Through Micro-Level Restructuring," Discussion Papers 795, The Research Institute of the Finnish Economy.

  28. Acemoglu, Daron & Shimer, Robert, 2000. "Productivity gains from unemployment insurance," European Economic Review, Elsevier, vol. 44(7), pages 1195-1224, June.
    See citations under working paper version above.
  29. Acemoglu, Daron & Shimer, Robert, 1999. "Holdups and Efficiency with Search Frictions," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 40(4), pages 827-849, November.
    See citations under working paper version above.
  30. Daron Acemoglu & Robert Shimer, 1999. "Efficient Unemployment Insurance," Journal of Political Economy, University of Chicago Press, vol. 107(5), pages 893-928, October.
    See citations under working paper version above.

Chapters

  1. Robert Shimer, 2014. "Private Information in the Mortgage Market: Evidence and a Theory of Crises," Central Banking, Analysis, and Economic Policies Book Series, in: Sofía Bauducco & Lawrence Christiano & Claudio Raddatz (ed.),Macroeconomic and Financial Stability: challenges for Monetary Policy, edition 1, volume 19, chapter 4, pages 117-150, Central Bank of Chile.
    See citations under working paper version above.
  2. Rogerson, Richard & Shimer, Robert, 2011. "Search in Macroeconomic Models of the Labor Market," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 7, pages Pages: 61, Elsevier.
    See citations under working paper version above.
  3. Robert Shimer, 2010. "The Labor Wedge," Introductory Chapters, in: Labor Markets and Business Cycles, Princeton University Press.

    Cited by:

    1. Lee E. Ohanian & Andrea Raffo, 2011. "Aggregate hours worked in OECD countries: new measurement and implications for business cycles," International Finance Discussion Papers 1039, Board of Governors of the Federal Reserve System (U.S.).
    2. A. Raffo & L. Ohanian, 2011. "Hours Worked over the Business Cycle: Evidence from OECD Countries, 1960-2009," 2011 Meeting Papers 558, Society for Economic Dynamics.

  4. Robert Shimer, 2009. "Comment on "The Timing of Labor Market Expansions: New Facts and a New Hypothesis"," NBER Chapters, in: NBER Macroeconomics Annual 2008, Volume 23, pages 59-71, National Bureau of Economic Research, Inc.

    Cited by:

    1. Bertheau, Antoine & Vejlin, Rune Majlund, 2023. "Job Ladders by Firm Wage and Productivity," IZA Discussion Papers 15872, Institute of Labor Economics (IZA).

  5. Robert Shimer, 1999. "Why Is the US Unemployment Rate So Much Lower?," NBER Chapters, in: NBER Macroeconomics Annual 1998, volume 13, pages 11-74, National Bureau of Economic Research, Inc.

    Cited by:

    1. Jonathan Temple, 2002. "The Assessment: The New Economy," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 18(3), pages 241-264.
    2. James H. Stock & Mark W. Watson, 1999. "Forecasting Inflation," NBER Working Papers 7023, National Bureau of Economic Research, Inc.
    3. Hie Joo Ahn & Bart Hobijn & Ayşegül Şahin, 2023. "The Dual U.S. Labor Market Uncovered," Working Paper Series WP 2023-18, Federal Reserve Bank of Chicago.
    4. Steven J. Davis & R. Jason Faberman & John Haltiwanger & Ron Jarmin & Javier Miranda, 2010. "Business Volatility, Job Destruction, and Unemployment," American Economic Journal: Macroeconomics, American Economic Association, vol. 2(2), pages 259-287, April.
    5. Nir Jaimovich & Henry E. Siu, 2009. "The Young, the Old, and the Restless: Demographics and Business Cycle Volatility," American Economic Review, American Economic Association, vol. 99(3), pages 804-826, June.
    6. Pohl, Carsten, 2013. "Demografie, Erwerbsbeteiligung und Erwerbslosigkeit in Nordrhein-Westfalen : Analyse der Zusammenhänge zwischen 1996 und 2011," IAB-Regional. Berichte und Analysen aus dem Regionalen Forschungsnetz. IAB Nordrhein-Westfalen 201301, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    7. Fuchs, Michaela & Pohl, Carsten & Sujata, Uwe & Weyh, Antje, 2013. "Entwicklung der Erwerbslosigkeit in Thüringen : welche Rolle spielt der demografische Wandel?," IAB-Regional. Berichte und Analysen aus dem Regionalen Forschungsnetz. IAB Sachsen-Anhalt-Thüringen 201301, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    8. Mukoyama, Toshihiko & Sahin, Aysegl, 2009. "Why did the average duration of unemployment become so much longer?," Journal of Monetary Economics, Elsevier, vol. 56(2), pages 200-209, March.
    9. Ruge-Murcia, F.J., 2001. "Inflation Targeting Under Asymmetric Preferences," Cahiers de recherche 2001-04, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    10. Vaona, Andrea, 2016. "Anomalous empirical evidence on money long-run super-neutrality and the vertical long-run Phillips curve," Kiel Working Papers 2038, Kiel Institute for the World Economy (IfW Kiel).
    11. Egbert Jongen & Sabine Visser, 2010. "Exploring the ambiguous impact of employment protection on employment and productivity," CPB Discussion Paper 148, CPB Netherlands Bureau for Economic Policy Analysis.
    12. William T. Dickens, 2008. "A new method to estimate time variation in the NAIRU," Conference Series ; [Proceedings], Federal Reserve Bank of Boston.
    13. Garloff, Alfred & Pohl, Carsten & Schanne, Norbert, 2011. "Do small labor market entry cohorts reduce unemployment?," IAB-Discussion Paper 201118, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    14. Jaclyn Hodges & Robert G. Valletta, 2006. "Job matching: evidence from the Beveridge curve," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue apr21.
    15. Peter Huber, 2010. "Teilbericht 2: Auswirkungen auf das Arbeitskräfteangebot und den Arbeitsmarkt," WIFO Studies, WIFO, number 41127, February.
    16. Fuchs, Michaela & Pohl, Carsten & Sujata, Uwe & Weyh, Antje, 2013. "Entwicklung der Erwerbslosigkeit in Sachsen : welche Rolle spielt die Alterung der Bevölkerung?," IAB-Regional. Berichte und Analysen aus dem Regionalen Forschungsnetz. IAB Sachsen 201302, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    17. Alfred Garloff & Carsten Pohl & Norbert Schanne, 2011. "Do smaller labour market entry cohorts really reduce German unemployment?," ERSA conference papers ersa10p658, European Regional Science Association.
    18. Michaela Fuchs, 2016. "Unemployment decline in East Germany: the role of demography," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 36(2), pages 145-168, October.
    19. Julio J. Rotemberg, 1999. "A Heuristic Method for Extracting Smooth Trends from Economic Time Series," NBER Working Papers 7439, National Bureau of Economic Research, Inc.
    20. Fuchs, Michaela & Weyh, Antje, 2014. "Demography and unemployment in East Germany : how close are the ties?," IAB-Discussion Paper 201426, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    21. Fuchs, Michaela & Pohl, Carsten & Sujata, Uwe & Weyh, Antje, 2013. "Entwicklung der Erwerbslosigkeit in Sachsen-Anhalt : welche Rolle spielt die Alterung der Bevölkerung?," IAB-Regional. Berichte und Analysen aus dem Regionalen Forschungsnetz. IAB Sachsen-Anhalt-Thüringen 201302, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    22. Alexander Mihailov & Giovanni Razzu & Zhe Wang, 2020. "The Gender Unemployment Gap Across the Euro Area: The Role of Macroeconomic Shocks and Labour Market Institutions," Economics Discussion Papers em-dp2020-26, Department of Economics, University of Reading.

Books

  1. Robert Shimer, 2010. "Labor Markets and Business Cycles," Economics Books, Princeton University Press, edition 1, number 9217.

    Cited by:

    1. Carlos Thomas, 2007. "Search Frictions, Real Rigidities and Inflation Dynamics," CEP Discussion Papers dp0822, Centre for Economic Performance, LSE.
    2. Vasilev, Aleksandar, 2020. "Optimal fiscal policy in a model with search-and-matching frictions: the case of Bulgaria (1999-2018)," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, issue Forthcomi.
    3. Drautzburg, Thorsten & Fernández-Villaverde, Jesús & Guerrón-Quintana, Pablo, 2021. "Bargaining shocks and aggregate fluctuations," Journal of Economic Dynamics and Control, Elsevier, vol. 127(C).
    4. Ceyhun Elgin & M. ayhan Köse & Franziska Ohnsorge & Shu Yu, 2021. "Understanding Informality Abstract:," Working Papers 2021/03, Bogazici University, Department of Economics.
    5. Petrosky-Nadeau, Nicolas, 2013. "TFP during a credit crunch," Journal of Economic Theory, Elsevier, vol. 148(3), pages 1150-1178.
    6. Francisco Gallego & José Tessada, 2010. "Sudden Stops, Financial Frictions, and Labor Market Flows: Evidence from Latin America," Working Papers ClioLab 10, EH Clio Lab. Instituto de Economía. Pontificia Universidad Católica de Chile.
    7. Jordi Galí & Thijs van Rens, 2008. "The vanishing procyclicality of labor productivity," Economics Working Papers 1230, Department of Economics and Business, Universitat Pompeu Fabra, revised Jul 2010.
    8. Pascal Michaillat, 2012. "Do Matching Frictions Explain Unemployment? Not in Bad Times," American Economic Review, American Economic Association, vol. 102(4), pages 1721-1750, June.
    9. Favilukis, Jack & Lin, Xiaoji, 2016. "Does wage rigidity make firms riskier? Evidence from long-horizon return predictability," Journal of Monetary Economics, Elsevier, vol. 78(C), pages 80-95.
    10. Björn Brügemann, 2021. "Invariance of Unemployment and Vacancy Dynamics with Respect to Diminishing Returns to Labor at the Firm Level," Tinbergen Institute Discussion Papers 21-034/VI, Tinbergen Institute.
    11. Pawel Borys & Pawel Doligalski & Pawel Kopiec, 2021. "The Quantitative Importance of Technology and Demand Shocks for Unemployment Fluctuations in a Shopping Economy," Bristol Economics Discussion Papers 21/743, School of Economics, University of Bristol, UK.
    12. James Costain & Anton Nakov & Borja Petit, 2019. "Monetary policy implications of state-dependent prices and wages," Working Papers 1910, Banco de España.
    13. Philipp Kircher & Leo Kaas, 2010. "Efficient Firm Dynamics in a Frictional Labor Market," 2010 Meeting Papers 89, Society for Economic Dynamics.
    14. Andrea Pescatori & Murat Tasci, 2011. "Search Frictions and the Labor Wedge," Koç University-TUSIAD Economic Research Forum Working Papers 1113, Koc University-TUSIAD Economic Research Forum.
    15. Gabriel Chodorow-Reich & Loukas Karabarbounis & Rohan Kekre, 2019. "The Macroeconomics of the Greek Depression," Working Papers 758, Federal Reserve Bank of Minneapolis.
    16. Karahan, Fatih & Rhee, Serena, 2019. "Geographic reallocation and unemployment during the Great Recession: The role of the housing bust," Journal of Economic Dynamics and Control, Elsevier, vol. 100(C), pages 47-69.
    17. Jose Ignacio Lopez & Virginia Olivella, 2018. "The importance of intangible capital for the transmission of financial shocks," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 30, pages 223-238, October.
    18. Felix Koenig & Alan Manning & Barbara Petrongolo, 2016. "Reservation Wages and the Wage Flexibility Puzzle," Working Papers 787, Queen Mary University of London, School of Economics and Finance.
    19. Wanger, Susanne & Weigand, Roland & Zapf, Ines, 2015. "Measuring hours worked in Germany : contents, data and methodological essentials of the IAB working time measurement concept," IAB-Discussion Paper 201521, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    20. Greg Kaplan & Benjamin Moll & Giovanni L. Violante, 2017. "Monetary Policy According to HANK," IMES Discussion Paper Series 17-E-04, Institute for Monetary and Economic Studies, Bank of Japan.
    21. Benjamin Born & Johannes Pfeifer, 2017. "Uncertainty-driven Business Cycles: Assessing the Markup Channel," CESifo Working Paper Series 6303, CESifo.
    22. Obstbaum, Meri, 2011. "The role of labour markets in fiscal policy transmission," Bank of Finland Research Discussion Papers 16/2011, Bank of Finland.
    23. Martin Beraja, 2017. "Counterfactual Equivalence in Macroeconomics," 2017 Meeting Papers 1400, Society for Economic Dynamics.
    24. Christopher L. House & Christian Proebsting & Linda L. Tesar, 2019. "Regional Effects of Exchange Rate Fluctuations," NBER Working Papers 26071, National Bureau of Economic Research, Inc.
    25. Aleksandar Vasilev, 2020. "Search and Matching Frictions and Business Cycle Fluctuations in Bulgaria," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 19(3), pages 319-340, December.
    26. Alexander Bick & Nicola Fuchs-Schündeln & David Lagakos, 2016. "How do Hours Worked Vary with Income? Cross-Country Evidence and Implications," NBER Working Papers 21874, National Bureau of Economic Research, Inc.
    27. Guillaume Rocheteau, 2011. "On the coexistence of money and higher-return assets and its social role," Working Papers (Old Series) 1104, Federal Reserve Bank of Cleveland.
    28. Robert L. Axtell & Omar A. Guerrero & Eduardo L'opez, 2019. "Frictional Unemployment on Labor Flow Networks," Papers 1903.04954, arXiv.org.
    29. Feng Dong, 2023. "Aggregate Implications of Financial Frictions for Unemployment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 48, pages 45-71, April.
    30. Krivenko, Pavel, 2023. "Asset prices in a labor search model with confidence shocks," Journal of Economic Dynamics and Control, Elsevier, vol. 146(C).
    31. Marco Guerrazzi, 2023. "Optimal growth with labor market frictions," International Journal of Economic Theory, The International Society for Economic Theory, vol. 19(4), pages 961-987, December.
    32. Occhino, Filippo & Pescatori, Andrea, 2015. "Debt overhang in a business cycle model," European Economic Review, Elsevier, vol. 73(C), pages 58-84.
    33. Ceyhun Elgin & M. Ayhan Kose & Franziska Ohnsorge & Shu Yu, 2021. "Understanding informality," CAMA Working Papers 2021-76, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    34. Jesper Bagger & Kazuhiko Sumiya & Mads Hejlesen & Rune Majlund Vejlin, 2019. "Income Taxation and the Equilibrium Allocation of Labor," 2019 Meeting Papers 841, Society for Economic Dynamics.
    35. Eric T. Swanson, 2019. "Implications of Labor Market Frictions for Risk Aversion and Risk Premia," NBER Working Papers 25764, National Bureau of Economic Research, Inc.
    36. Manoj Atolia & John Gibson & Milton Marquis, 2019. "Moral Hazard in Lending and Labor Market Volatility," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 51(1), pages 79-109, February.
    37. Michaillat, Pascal & Saez, Emmanuel, 2015. "Aggregate demand, idle time, and unemployment," LSE Research Online Documents on Economics 61832, London School of Economics and Political Science, LSE Library.
    38. Christian Haefke & Marcus Sonntag & Thijs van Rens, 2006. "Wage Rigidity and Job Creation," 2006 Meeting Papers 773, Society for Economic Dynamics.
    39. Gibson, John & Heutel, Garth, 2023. "Pollution and labor market search externalities over the business cycle," Journal of Economic Dynamics and Control, Elsevier, vol. 151(C).
    40. Steven J. Davis & Till M. von Wachter, 2011. "Recessions and the Cost of Job Loss," NBER Working Papers 17638, National Bureau of Economic Research, Inc.
    41. Choi, Sekyu & Figueroa, Nincen & Villena-Roldán, Benjamin, 2020. "Wage Cyclicality Revisited: The Role of Hiring Standards," MPRA Paper 98240, University Library of Munich, Germany.
    42. Furlanetto, Francesco, 2011. "Fiscal stimulus and the role of wage rigidity," Journal of Economic Dynamics and Control, Elsevier, vol. 35(4), pages 512-527, April.
    43. Mewael Tesfaelassie & Maik Wolters, 2018. "The Impact of Growth on Unemployment in a Low vs. High Inflation Environment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 28, pages 34-50, April.
    44. Maarten Dossche & Vivien Lewis & Céline Poilly, 2016. "Employment, Hours and the Welfare Effects of Intra-Firm Bargaining," Working Papers halshs-01367174, HAL.
    45. Everett B. Peterson, 2019. "Incorporating Unemployment into the GTAP Model," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 4(2), pages 67-107, December.
    46. F. Di Pace & K. Mitra & S. Zhang, 2021. "Adaptive Learning and Labor Market Dynamics," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 53(2-3), pages 441-475, March.
    47. Üngör, Murat, 2013. "Some Thought Experiments on the Changes in Labor Supply in Turkey," EY International Congress on Economics I (EYC2013), October 24-25, 2013, Ankara, Turkey 219, Ekonomik Yaklasim Association.
    48. Anton A. Cheremukhin & Paulina Restrepo-Echavarria, 2010. "The labor wedge as a matching friction," Working Papers 1004, Federal Reserve Bank of Dallas.
    49. Tsasa, Jean-Paul K., 2022. "Labor market volatility in a fully specified RBC search model: An analytical investigation," Journal of Mathematical Economics, Elsevier, vol. 103(C).
    50. Alejandro Justiniano & Claudio Michelacci, 2011. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies in the US and Europe," NBER Working Papers 17429, National Bureau of Economic Research, Inc.
    51. Lee E. Ohanian & Andrea Raffo, 2011. "Aggregate hours worked in OECD countries: new measurement and implications for business cycles," International Finance Discussion Papers 1039, Board of Governors of the Federal Reserve System (U.S.).
    52. Noe Reidt, 2021. "Climate Policies and Labor Markets in Developing Countries," CER-ETH Economics working paper series 21/351, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    53. Hafstead, Marc A.C. & Williams, Roberton C., 2018. "Unemployment and environmental regulation in general equilibrium," Journal of Public Economics, Elsevier, vol. 160(C), pages 50-65.
    54. Plamen Nemov, 2015. "Regional Reallocation and Housing Markets in a Model of Frictional Migration," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(4), pages 863-880, October.
    55. Alejandro Justiniano & Claudio Michelacci, 2012. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies in the United States and Europe," NBER International Seminar on Macroeconomics, University of Chicago Press, vol. 8(1), pages 169-235.
    56. Konstantinos Angelopoulos & Wei Jiang & Jim Malley, 2015. "Fiscal Multipliers in a Two-Sector Search and Matching Model," CESifo Working Paper Series 5197, CESifo.
    57. Epstein, Brendan & Mukherjee, Rahul & Finkelstein Shapiro, Alan & Ramnath, Shanthi, 2020. "Trends in aggregate employment, hours worked per worker, and the long-run labor wedge," MPRA Paper 99289, University Library of Munich, Germany.
    58. Cociuba, Simona E. & Ueberfeldt, Alexander, 2015. "Heterogeneity and long-run changes in aggregate hours and the labor wedge," Journal of Economic Dynamics and Control, Elsevier, vol. 52(C), pages 75-95.
    59. Johanna Wallenius & Richard Rogerson, 2011. "Fixed Costs, Retirement and the Elasticity of Labor Supply," 2011 Meeting Papers 250, Society for Economic Dynamics.
    60. Axtell, Robert L. & Guerrero, Omar A. & López, Eduardo, 2016. "The Network Composition of Aggregate Unemployment," MPRA Paper 68962, University Library of Munich, Germany.
    61. Benjamin Moll & Robert M. Townsend & Victor Zhorin, 2013. "Economic Development, Flow of Funds and the Equilibrium Interaction of Financial Frictions," NBER Working Papers 19618, National Bureau of Economic Research, Inc.
    62. Patrick J. Kehoe & Pierlauro Lopez & Virgiliu Midrigan & Elena Pastorino, 2019. "Asset Prices and Unemployment Fluctuations," NBER Working Papers 26580, National Bureau of Economic Research, Inc.
    63. Shimer, Robert, 2012. "Wage rigidities and jobless recoveries," Journal of Monetary Economics, Elsevier, vol. 59(S), pages 65-77.
    64. Kawata, Keisuke & Sato, Yasuhiro, 2021. "A first aid kit to assess welfare impacts," Economics Letters, Elsevier, vol. 205(C).
    65. Youngsung Chang & Andreas Hornstein & Marios Karabarbounis, 2020. "Labor-Market Wedge under Engel Curve Utility: Cyclical Substitution between Necessities and Luxuries," Working Paper Series no130, Institute of Economic Research, Seoul National University.
    66. Michael U. Krause & Thomas A. Lubik, 2014. "Modeling Labor Markets in Macroeconomics: Search and Matching," Working Paper 14-19, Federal Reserve Bank of Richmond.
    67. Hafstead, Marc & Williams III, Roberton C., 2019. "Jobs and Environmental Regulation," RFF Working Paper Series 19-19, Resources for the Future.
    68. Pedro Brinca, 2013. "Distortions in the Neoclassical Growth Model: A Cross-Country Analysis," GEMF Working Papers 2013-24, GEMF, Faculty of Economics, University of Coimbra.
    69. Takeki Sunakawa, 2015. "Optimal Monetary Policy with Labor Market Frictions: The Role of the Wage Channel," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(6), pages 1119-1147, September.
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