Giuseppe Moscarini's Research

Labor Markets and Job Search

WORKING PAPERS

Non-Stationary Search Equilibrium, with Fabien Postel-Vinay. March 2008.

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

Rent Rigidity, Asymmetric Information, and Volatility Bounds in Labor Markets, with Björn Brügemann. This draft: March 2007. 

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

Skill and Luck in the Theory of Turnover. This version, February 2003.  

PUBLICATIONS

The Timing of Labor Market Expansions: New Facts and a New Hypothesis, with Fabien Postel-Vinay. Forthcoming in the 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, March 2008, 109(4), 807-836.

Morale Hazard, with Hanming Fang. Journal of Monetary Economics, May 2005, 52(4), 749-778.

Job Matching and the Wage Distribution. Econometrica, March 2005, 73(2), 481-516.

Excess Worker Reallocation. Review of Economic Studies, July 2001, 69(3), 593-612. 

Information Acquisition

WORKING PAPERS

Competitive Experimentation with Private Information with Francesco Squintani. Cowles Foundation Discussion Paper No. 1489, October 2004. Revised, December 2007.

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

PUBLICATIONS

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

The Law of Large Demand for Information, with Lones Smith. Econometrica, November 2002, 70(6), 2351-2366.

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.

Price Stickiness and Monetary Policy

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.