“...After three decades of decline, the amount of time spent by parents on childcare in the United States began to rise dramatically in the mid-1990s. This...”

“...This paper assesses how various approaches to modeling the separation margin affect the quantitative ability of the Mortensen-Pissarides labor matching model...”

“...This paper considers propagation of aggregate shocks in a dynamic general-equilibrium model with labor-market matching and endogenous job destruction. Cyclical...”

“...A striking implication of the replacement of adaptive expectations by rational expectations was the “Lucas critique,” which showed that expectation parameters,...”

“...This paper applies regime-switching methods to the problem of measuring monetary policy. Policy preferences and structural factors are specified parametrically...”

“...We develop a theory of labor contracting in which negative productivity shocks lead to costly job loss, despite unlimited possibilities for renegotiating wage...”

“...We introduce a model of the retail firm in which consumers and active firms benefit collectively from coordination of sales at fewer firms. Using this model,...”

“...When market information such as price is difficult to communicate, consumers and firms may be unable to take advantage of mutually beneficial scale economies,...”

“...A BEJTE Contributions article. Abstract We develop a model of bilateral contracting in a dynamic market setting. Asset owners must be paired via a matching...”

“...We develop a model of retail competition in which retailers select prices and investments in cost reduction. An equilibrium is constructed in which several...”