Giuseppe Moscarini's Research

Stochastic Search Equilibrium, with Fabien Postel-Vinay. Revised, November 2011. See also Cowles Foundation DP 1754. Previous versions circulated under the title "Non-Stationary Search Equilibrium".

Occupational Mobility and the Business Cycle, with Francis Vella. February 2008.  

Job-to-Job Quits and Corporate Culture. July 2004.

Skill and Luck in the Theory of Turnover. February 2003.  

PUBLICATIONS

The Contribution of Large and Small Employers to Job Creation in Times of High and Low Unemployment, June 2011. Forthcoming in American Economic Review. Previous versions circulated under the title "Large Employers Are More Cyclically Sensitive", see also NBER WP 14740.

Rent Rigidity, Asymmetric Information, and Volatility Bounds in Labor Markets, with Björn Brügemann. Review of Economic Dynamics, July 2010, 13(3), 575-596.

Unemployment and Small Cap Returns: The Nexus, with Fabien Postel-Vinay. Papers and Proceedings of the American Economic Association Annual Meeting, May 2010, 100(2), 333-37.

The Timing of Labor Market Expansions: New Facts and a New Hypothesis, with Fabien Postel-Vinay. 2008 NBER Macroeconomics Annual .

Occupational and Job Mobility in the US, with Kaj Thomsson. Scandinavian Journal of Economics, special issue on Macroeconomic Fluctuations and the Labor Market, December 2007, 109(4), 807-836.

Business Cycles and Endogenous Uncertainty, with Rüdiger Bachmann. This draft: July 2011.

Optimal Dynamic Contests with Lones Smith. This draft: November 2007.

PUBLICATIONS

Competitive Experimentation with Private Information: the Survivor's Curse with Francesco Squintani. Appendix with two parametric examples. Journal of Economic Theory, March 2010, 145(2), 639-660.

The Demand for Information: More Heat than Light with Jussi Keppo and Lones Smith. Journal of Economic Theory, January 2008, 138(1), 21-50.

Price Competition for an Informed Buyer, with Marco Ottaviani. Journal of Economic Theory, December 2001, 101(2), 457-493.

The Optimal Level of Experimentation, with Lones Smith. Econometrica, November 2001, 69(6), 1629-1644. An early draft, containing many proofs and extensions, is: Wald Revisited: The Optimal Level of Experimentation, Cowles Foundation Discussion Paper No. 1176.

Social Learning in a Changing World, with Marco Ottaviani and Lones Smith. Economic Theory, March 1998, 11(2), 657-665.

PUBLICATIONS

Competence Implies Credibility, American Economic Review, March 2007, 97(1), 37-63.

Limited Information Capacity as a Source of Inertia. Journal of Economic Dynamics and Control, September 2004, 28(10), 2003-2035.