in The Review of Economic Studies
April 2018; p ublished online August 2017 .
Journal Article. Subjects: Information, Knowledge, and Uncertainy; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Prices, Business Fluctuations, and Cycles; Mobility, Unemployment, and Vacancies. 19401 words.
I develop a directed search model to study the recruitment decisions of firms competing for workers who ex post differ in two dimensions: (1) their...