“...We study the welfare costs of business cycles in a search and matching model with financial frictions. The model replicates the volatility on labor and...”

“...In this paper, we present a search and matching model of the labor market and use this as a device to explain the long-run variation in the aggregate hours...”

“...•On the interactions between formal, informal and public sectors in a search and matching model.•The informal sector dampens the positive impact of the...”

“...This study examines age-dependent employment protection by extending the theory of equilibrium unemployment to account for a finite working life-time. The...”

“...This paper extends the job creation–job destruction approach to the labor market to take into account a deterministic finite horizon. As hirings and...”

“...This article introduces the role of labor demand of the elderly in the analysis of retirement decisions. We integrate both human capital formation and...”

“...Recent events suggest that uncertainty changes play a major role in U.S. labor market fluctuations. This study analyzes the impact of uncertainty shocks on...”

“...This paper studies the optimal unemployment insurance for older workers in a repeated principal–agent model, where the search intensity of risk-averse workers...”

“...Gali, Gertler, and Lopez-Salido (2007) recently show quantitatively that fluctuations in the efficiency of resource allocation do not generate sizable welfare...”

“...This paper proposes an equilibrium matching model for developing countries' labor markets where the interaction between public, formal private and informal...”