“...This paper uses readily accessible aggregate time series to measure the probability that an employed worker becomes unemployed and the probability that an...”

“...This paper develops a dynamic model of mismatch. Workers and jobs are randomly allocated to labor markets. Each market clears, but some have excess...”

“...This paper studies the assignment of heterogeneous workers to heterogeneous jobs. Owing to the anonymity of a large labor market, workers use mixed strategies...”

“...We survey the literature on search-theoretic models of the labor market. We show how this approach addresses many issues, including the following: Why do...”

“...I review research on the behavior of the labor wedge, the ratio between the marginal rate of substitution of consumption for leisure and the marginal product...”

“...Daron Acemoglu, winner of the 2005 John Bates Clark Medal, uses theoretical and empirical analysis to tackle critical issues in a variety of fields in...”

“...In Becker's (1973) neoclassical marriage market model, matching is positively assortative if types are complements: i.e., match output f(x, y) is supermodular...”

“...Labor Markets and Business Cycles integrates search and matching theory with the neoclassical growth model to better understand labor market outcomes. Robert...”

“...We develop the implications of the stock-flow matching model for unemployment, vacancies, and worker flows. Workers and jobs are heterogeneous, so most...”