Toward understanding assortative matching, this is a self-contained introduction to research
on search and matching. We first explore the nontransferable and perfectly transferable …

We develop, estimate, and test a tractable general equilibrium model of oligopsony with
differentiated jobs and concentrated labor markets. We estimate key model parameters by …

Many theories of labor market turnover generate a job ladder. Due to search frictions,
workers earn rents from employment. All workers agree on which jobs are, in this sense …

We propose a framework to identify and estimate earnings distributions and worker
composition on matched panel data, allowing for two‐sided worker‐firm unobserved …

Increases in the minimum wage can substantially reduce earnings inequality. To
demonstrate this, we combine administrative and survey data with an equilibrium model of …

This paper documents how life cycle wage growth varies across countries. We harmonize
repeated cross-sectional surveys from a set of countries of all income levels and then …

Job loss comes with large present value earnings losses which elude workhorse models of
unemployment and labor market policy. I propose a parsimonious model of a frictional labor …

We develop a framework where mismatch between vacancies and job seekers across
sectors translates into higher unemployment by lowering the aggregate job-finding rate. We …

We construct a structural model of on-the-job search in which workers differ in skills along
several dimensions and sort themselves into jobs with heterogeneous skill requirements …

This paper documents that the earnings cost of job loss is concentrated among workers who
find reemployment in lower-skill occupations, and that the cost and incidence of such …