Poisson Search

35 Pages Posted: 20 Sep 2022

See all articles by Francesco De Sinopoli

Francesco De Sinopoli

University of Verona

Leo Ferraris

Università degli Studi di Milano-Bicocca - Department of Economics, Management and Statistics (DEMS)

Claudia Meroni

University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)

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Abstract

We present a model of the job market in which the number of workers and companies is uncertain, representing the job search activity as a Poisson game. We allow for heterogeneity of workers and companies and show that in equilibrium more productive types choose higher terms of trade. The Poisson search model gives rise to multiple, possibly inefficient, equilibria.

Keywords: Labor search, Poisson games

Suggested Citation

De Sinopoli, Francesco and Ferraris, Leo and Meroni, Claudia, Poisson Search. Available at SSRN: https://ssrn.com/abstract=4224129 or http://dx.doi.org/10.2139/ssrn.4224129

Francesco De Sinopoli

University of Verona ( email )

Via dell'Artigliere, 8
Verona, 37129
Italy

Leo Ferraris

Università degli Studi di Milano-Bicocca - Department of Economics, Management and Statistics (DEMS) ( email )

Piazza dell'Ateneo Nuovo, 1
Milan, 20126
Italy

Claudia Meroni (Contact Author)

University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) ( email )

Via Conservatorio, 7
Milan, 20122
Italy

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