“...This paper extends the bargaining and matching literature, such as Rubinstein and Wolinsky (1985), by considering a new matching process. The authors assume...”

“...We model educational investment and labour supply in a competitive economy with home and market production. Heterogeneous workers are assumed to have different...”

“...This paper describes an equilibrium labour market in which an unemployment benefit system cannot raise the average value of being unemployed in the long run...”

“...This paper considers an equilibrium model of unemployment in a labour market where all vacancies are advertised in a newspaper. Unemployment occurs in...”

“...In the context of a standard equilibrium matching framework, this paper shows how a duration dependent unemployment insurance (UI) system stabilises...”

“...A model of directed search with a finite number of buyers and sellers is considered, where sellers compete in direct mechanisms. Buyer heterogeneity and Nash...”

“...This paper models trading patterns when marketplaces exist and goods are differentiated. When first visiting the market, a buyer samples a stock of goods. If...”

“...This paper analyzes how the levels of unemployment and vacancies affect the rate at which unemployed workers find employment--the worker-firm 'matching...”