Research
My research is mainly dedicated to gaining a better understanding of labor markets, and more generally of markets affected by trading frictions. I pursue these objectives using both applied theory and applied econometrics, which I often combine into structural econometric modeling.
My work has been concerned with a range of specific questions, including the determinants of individual wages and careers, the efficiency of observed patterns of labor reallocation between firms, and the impact of policy on labor market equilibrium.
This page provides information about my published papers, some press coverage of my work, and some information about the SaM network. For downloadable working papers and their abstracts, click here. Finally, here are links to my Google Scholar profile, and to my REPEC/IDEAS page.
Published research papers
Moscarini, G. and F. Postel-Vinay, 2024, “On-the-job Search and Business Cycles“, Revue Economique, 75(1) special issue on Search and Matching in honor of Jean-Marc Robin, 73-112.
Fujita, S., G. Moscarini and F. Postel-Vinay, 2023, "Measuring Employer-to-Employer Reallocation". Forthcoming American Economic Journal: Macroeconomics.
Jolivet, G. and F. Postel-Vinay, 2023, "A Structural Analysis of Health and Labor Market Trajectories". Forthcoming Review of Economic Studies.
Lindenlaub, I. and F. Postel-Vinay, 2023, "Multidimensional Sorting under Random Search", Journal of Political Economy, 131(12), 3497-539.
Postel-Vinay, F. and A. Sepahsalari, 2023, "Labour Mobility and Earnings in the UK, 1992-2016", Economic Journal, 133(656), 3071–98.
Lise, J. and F. Postel-Vinay, 2020, “Multidimensional Skills, Sorting, and Human Capital Accumulation“, American Economic Review, 110(8), 2328-76.
Moscarini, G. and F. Postel-Vinay, 2018, “The Cyclical Job Ladder“, Annual Review of Economics, 10, 165-88.
Moscarini, G. and F. Postel-Vinay, 2017, “The Relative Power of Employment-to-Employment Reallocation and Unemployment Exits in Predicting Wage Growth“, American Economic Review Papers and Proceedings, 107(5), 364-68.
Bradley, J., F. Postel-Vinay and H. Turon, 2017, “Public Sector Wage Policy and Labor Market Equilibrium: A Structural Model”, Journal of the European Economic Association, 15(6), 1214-57.
Moscarini, G. and F. Postel-Vinay, 2016, “Wage Posting and Business Cycles”, American Economic Review Papers and Proceedings, 106(5), 208-13.
Jolivet, G., B. Jullien and F. Postel-Vinay, 2016, “Reputation and Prices on the e-Market: Evidence from a Major French Platform”, International Journal of Industrial Organization, 45, 59-75.
Moscarini, G. and F. Postel-Vinay, 2016, “Wage Posting and Business Cycles: A Quantitative Exploration”, Review of Economic Dynamics, 19 (special issue in memory of Dale Mortensen), 135-60.
Moscarini, G. and F. Postel-Vinay, 2016, Did the Job Ladder Fail After the Great Recession?”, Journal of Labor Economics, 34(S1, Part 2), S55-93.
Carter, P., F. Postel-Vinay and J. R. W. Temple, 2015, “Dynamic Aid Allocation”, Journal of International Economics, 95, 291-304.
Dickson, M., F. Postel-Vinay and H. Turon, 2014, “The Lifetime Earnings Premium in the Public Sector: The View from Europe”, Labour Economics, 31, 141-61.
Bagger, J., F. Fontaine, F. Postel-Vinay and J.-M. Robin, 2014, “Tenure, Experience, Human Capital and Wages: A Tractable Equilibrium Search Model of Wage Dynamics”, American Economic Review, 104(6), 1551-96.
Postel-Vinay, F. and H. Turon, 2014, “The Impact of Firing Restrictions on Labor Market Equilibrium in the Presence of On-the-job Search”, Economic Journal, 124, 31-61.
Moscarini, G. and F. Postel-Vinay, 2013, “Stochastic Search Equilibrium”, Review of Economic Studies, 80(4), 1545-81.
Borowczyk-Martins, D., G. Jolivet and F. Postel-Vinay, 2013, “Accounting for Endogeneity in Matching Function Estimation”, Review of Economic Dynamics, 16, 440–51.
Albrecht, J., F. Postel-Vinay and S. Vroman, 2013, “An Equilibrium Search Model of Synchronized Sales”, International Economic Review, 54(2), 473-93. A supplemental note sketching a continuous-time version of the model is available here.
Moscarini, G. and F. Postel-Vinay, 2012, “The Contribution of Large and Small Employers to Job Creation in Times of High and Low Unemployment”, American Economic Review, 102(6), 2509-39.
Moscarini, G. and F. Postel-Vinay, 2010, “Unemployment and Small Cap Returns: The Nexus”, American Economic Review Papers and Proceedings, 100, 333-7.
Postel-Vinay, F. and H. Turon, 2010, “On-the-job Search, Productivity Shocks, and the Individual Earnings Process", International Economic Review, 51(3), 599-629.
Clark, A. E. and F. Postel-Vinay, 2009, “Job Security and Job Protection”, Oxford Economic Papers, 61, 207-39.
Moscarini, G. and F. Postel-Vinay, 2008, “The Timing of Labor Market Expansions: New Facts and a New Hypothesis”, NBER Macroeconomics Annual, 23, 1-51.
Postel-Vinay, F. and H. Turon, 2007, “The Public Pay Gap in Britain: Small Differences That (Don't?) Matter", Economic Journal, 117, 1460-503.
Jolivet, G., F. Postel-Vinay and J.-M. Robin, 2006, “The Empirical Content of the Job Search Model: Labor Mobility and Wage Dispersion in Europe and the U.S.”, European Economic Review, 50(4), 877-907.
Cahuc, P., F. Postel-Vinay and J.-M. Robin, 2006, “Wage Bargaining with On-the-job Search: Theory and Evidence”, Econometrica, 74(2), 323-64.
Cahuc, P. and F. Postel-Vinay, 2005, “Social Status and the Overworked Consumer”, Annales d’Economie et de Statistique, 78, 143-61.
Clark, A. E., F. Etilé, F. Postel-Vinay, C. Senik and K. Van der Straeten, 2005, “Heterogeneity in Reported Well-Being: Evidence from Twelve European Countries”, Economic Journal, 115, C118-32.
Postel-Vinay, F. et A. Saint-Martin, 2005, “Comment les Salariés Perçoivent-ils la Protection de l'Emploi ?”, Economie et Statistique, 372, 41-59.
Maurin, E. and F. Postel-Vinay, 2005, “The European Job Security Gap”, Work and Occupations, 32(2), 229-52.
Domingues Dos Santos, M. and F. Postel-Vinay, 2004, “The Impact of Temporary Migration on Human Capital Accumulation and Economic Development”. Brussels Economic Review / Cahiers Economiques de Bruxelles, 47(1), 1-12.
Postel-Vinay, F. and J.-M. Robin, 2004, “To Match Or Not To Match? Optimal Wage Policy with Endogenous Worker Search Intensity”, Review of Economic Dynamics, 7(2), 297-331.
Domingues Dos Santos, M. and F. Postel-Vinay, 2003, “Migration as a Source of Growth: The Perspective of a Developing Country”, Journal of Population Economics, 16(1), 161-75.
Postel-Vinay, F. and J.-M. Robin, 2002, “Equilibrium Wage Dispersion with Worker and Employer Heterogeneity”, Econometrica, 70(6), 2295-350.
Postel-Vinay, F. and J.-M. Robin, 2002, “The Distribution of Earnings in an Equilibrium Search Model with State-Dependent Offers and Counter-Offers”, International Economic Review, 43(4), 989-1016.
Postel-Vinay, F., 2002, “The Dynamics of Technological Unemployment”, International Economic Review, 43(3), 737-60.
Cahuc, P. and F. Postel-Vinay, 2002, “Temporary Jobs, Employment Protection and Labor Market Performance”, Labour Economics, 9(1), 63-91.
Cahuc, P. and F. Postel-Vinay, 2000, “On Some Undesirable Consequences of Education and Growth”, Journal of Institutional and Theoretical Economics, 156(3), 445-54.
Cahuc, P., P. Granier et F. Postel-Vinay, 1999, “Progrès Technique, Emploi et Exclusion du Marché du Travail”, Revue Economique, 50(3), 405-15.
Postel-Vinay, F., 1998, “Transitional Dynamics of the Search Model with Endogenous Growth”, Journal of Economic Dynamics and Control, 22, 1091-115.
Cerisier, F. and F. Postel-Vinay, 1998, “Endogenous Growth and the Labor Market”, Annales d'Economie et de Statistique, 49/50, 105-26.
Postel-Vinay, F. et A. Zylberberg, 1997, “Insiders et Persistance : un Réexamen en Concurrence Monopolistique”, Annales d'Economie et de Statistique, 46, 161-76.
Book chapters
Postel-Vinay, F. and J.-M. Robin, 2006, “Microeconometric Search-Matching Models and Matched Employer-Employee Data”, in R. Blundell, W. Newey and T. Persson, editors, Advances in Economics and Econometrics, Theory and Applications, Ninth World Congress, Volume 2, Cambridge: Cambridge University Press.
Jolivet, G., F. Postel-Vinay and J.-M. Robin, 2006, “The Empirical Content of the Job Search Model: Labor Mobility and Wage Dispersion in Europe and the U.S.”, in H. Bunzel, B. J. Christensen, G. R. Neumann and J.-M. Robin, editors, Structural Models of Wage and Employment Dynamics, Elsevier Series on Contributions to Economic Analysis, Amsterdam: North-Holland.
Cerisier, F. and F. Postel-Vinay, 2000, “Endogenous Growth and the Labor Market”, in D. Encaoua, B. H. Hall, F. Laisney and J. Mairesse, editors, The Economics and Econometrics of Innovation, Boston: Kluwer Academic Publishers. (Reprinted from Annales d’Economie et de Statistique.)
Bossard, A. et F. Postel-Vinay, 1997, “La Réduction de la Durée du Travail dans une Maquette de Modèle Macroéconomique”, in P. Cahuc et P. Granier, éditeurs, La Réduction du Temps de Travail, une Solution pour l'Emploi ?, Paris : Economica.
Published comments, general-audience and survey articles, miscellany
Betliy, O., Kupets, O., and Postel-Vinay, F., 2023, “Ukraine’s labour market: the past, the present and the future“, in Y. Gorodichenko and S. Stepanchuk, editors, Ukraine’s Road to Recovery, Universities UK International.
Postel-Vinay, F., 2022, “The job ladder in the age of inflation”, UCL Policy Lab, May 2022.
Costa Dias, M., E. Johnson-Watts, R. Joyce, F. Postel-Vinay, P. Spittal, and X. Xu, 2021, “Job opportunities during the pandemic”, IFS Briefing Note, September 21st.
Postel-Vinay, F., 2020, “Coronavirus, careers and mental health: what are the links?”, Economics Observatory: Questions and answers about Coronavirus and the UK economy, November 10th.
Costa Dias, M., R. Joyce, F. Postel-Vinay, and X. Xu, 2020, “The challenges for labour market policy during the Covid-19 pandemic”, Fiscal Studies, 41(2), 371-82.
Postel-Vinay, F., 2020, “How can labour market policy help to get people back into the right jobs?”, Economics Observatory: Questions and answers about Coronavirus and the UK economy, June 1st.
Costa Dias, M., A. Norris Keiller, F. Postel-Vinay, and X. Xu, 2020, “Job vacancies during the Covid-19 pandemic”, IFS Briefing Note, May 19th.
Fujita, S., G. Moscarini, and F. Postel-Vinay, 2020, “The labour market policy response to COVID-19 must leverage the power of age”, Vox EU, May 15th.
Fujita, S., G. Moscarini, and F. Postel-Vinay, 2020, “The labour market policy response to COVID-19 must save aggregate matching capital”, Vox EU, March 30th.
Costa Dias, M., R. Joyce, F. Postel-Vinay, and X. Xu, 2020, “The challenges for labour market policy during the Covid-19 pandemic”, IFS Observation, March 26th.
Bradley, J., M. Dickson, F. Postel-Vinay et H. Turon, 2016, “Salaires et Emploi dans les Secteurs Public et Privé. Différences et Interactions”, Revue Française d'Economie, XXXI.
Postel-Vinay, F., 2015, “Does It Pay To Be a Public-Sector Employee?”, IZA World of Labor, article no. 156.
Postel-Vinay, F. and H. Turon, 2006, “Britain's Public-Private Pay Gap”, Research in Public Policy, 2, 14-15.
Laurent, T. et F. Postel-Vinay, 2003, “Inventer une Véritable « Flexicurité » pour le Travail”, in M. Didier, éditeur, Des Idées pour la Croissance, Paris : Economica.
Postel-Vinay, F., 2003, “Evolution du Risque de Perte d’Emploi : Changements Structurels ou Changements Institutionnels ?” (comment on “Insécurité de l’Emploi : Le Rôle Protecteur de l’Ancienneté a-t-il Baissé en France” by Luc Behaghel), Economie et Statistique, 366, 24-9.
Press coverage
The articles listed below reflect the views of those who wrote them, which do not necessarily coincide with my own.
Quartz Japan on short-work schemes in the response to the Covid-19 shock (in Japanese), October 2020.
CNN on wage growth and job switching, January 2020.
The Financial Times, a brief quote on the recovery in the UK, November 2012.
Liaisons Sociales magazine, a brief quote on the French “social model” (in French), April 2012.
TIME magazine, on small and large employers over the business cycle, February 2009.
Málaga Hoy, on small and large employers over the business cycle, (in Spanish, article at the bottom of the page), March 2008.
The BBC online, on French labor market regulation, April 2007.
L'Express, on the job (in)security sentiment in France (in French), September 2006.
The Daily Mail, on public sector pay, June 2006.
Le Nouvel Economiste, on why do French academic economists leave France? (in French), June 2006.
Le Monde, on employment protection (in French), May 2006.
My work sometimes also gets used by people from the Real World:
Advisor Perspective on the Small Cap premium, July 2010.