Ludo Visschers -- Research 

⬦  Professor, University of Edinburgh ; from Sept. 2024: Professor, UC3M
Investigador Asociado, Universidad Carlos III de Madrid
⬦ Affiliated Researcher with the Stone Centre on Wealth Concentration, Inequality, and the Economy, University College London and the Edinburgh Futures Institute
⬦ Research Fellow CESifo & IZA

ludovisschers(at)gmailcom; ludo∘visschers(at)ed∘ac∘uk; 

CV (pdf)  

Working papers     Publications    

Could I ask you to please consider this: 

Working Papers

⬦   "Cyclical Earnings, Career and Employment Transitions"  ⚬ with Carlos Carrillo-Tudela and David Wiczer september 2022, [pdf download; online appendix], revision requested Review of Economic Studies

Works in Progress

-- presented in seminars/conferences--

⬦  Sectoral Labour Flow Accounting: A Matching Function Approach ⚬ with with Carlos Carrillo-Tudela, Alex Clymo, Camila Comunello and David Zentler-Munro [slides]

⬦  Workers’ Task and Employer Mobility over the Business Cycle ⚬ with Carlos Carrillo-Tudela and Fraser Summerfield

⬦  Dual Labor Markets, Unemployment and Career Mobility ⚬ with Chris Busch, Ismael Gálvez-Iniesta, Eugenia González-Aguado 

Statistical Gender Discrimination in an equilibrium search model ⚬ with David Cuberes, Sevi Rodriguez-Mora, Marc Teignier 

Self-employment, Paid employment and Unemployment over the business cycle ⚬ with Matthias Kredler and Ana Millan Tapia ⚬ (this is an older, preliminary, version from the SED) ⚬  slides (2017)

--submitted to conferences--

⬦  Learning from Mistakes: Occupation Miscoding and Task Distance ⚬ with Carlos Carrillo-Tudela and  Saman Darougheh

Directed job search and intergenerational insurance with Paul Telemo

-- in production--

⬦  Occupation Dynamics and Worker Flows ⚬ with Tommaso Santini

⬦  Precautionary Search and Career Mobility over the Business Cycle ⚬ with Carlos Carrillo-Tudela, Alex Clymo, David Wiczer and David Zendtler-Munro

Marital sorting and intergenerational mobility during an economic transformation” with Güell, Nuevo-Chiquero, Rodriguez-Mora and Santaeulalia

Reallocation squared project ⚬ with Carlos Carrillo-Tudela and Elisa Keller

Untitled Project ⚬ with Raul Santaeulalia-Llopis

Projects in the (perhaps cryogenic) Freezer 

Basic Income and Heterogeneity in Macro (project) ⚬ with Rafael Lopes de Melo, Enric Martorell and Sevi Rodriguez-Mora

"Employment Uncertainty and Wage Contracts in Frictional Markets" ⚬ 2009

◇ "Market Signaling with Frictions" ◇ "Positive Assortative Matching in Wealth with frictions: A Note " ⚬ old incomplete version ◇ "Interest Rates and Inventories in a Monetary Search Business Cycle Model" ⚬ with Irina Telyukova ⚬ older version 2009 under a different title.

Some Workshops Co-Organized

Barcelona Summer Forum - Economic Growth and Fluctuations Session, 2024, 2023, 2022, 2021, 2019, 2018, and 2017 (funding acknowledged by Barcelona GSE, MOVE, MacCaLM, Excelencia Severo Ochoa, Fundacion Ramon Araces, Ministerio Economia y Competitividad Spain)

Barcelona Summer Forum - Macroeconomics of Labor Markets, 2024, 2023, 2022, 2021

MacCaLM Workshop 2017, 2018, 2019 and 2021

UC3M-CEMFI Macroeconomics Workshop 2016 (a special one) 

Search and Matching Annual Conference 2014

Research Groups/Networks  ⚬ UC3M  Institute of Economics (IE) ⚬ Search and Matching Europe Research Group  ⚬ James M. and Cathleen D. Stone Centre on Wealth Concentration, Inequality, and the Economy at University College London. ⚬ IZA Institute of Labour ⚬ CESifo research network ⚬ Credit and Labour Market Foundations of the Macroeconomy (Research Project)

Other Links  ⚬ Seminar schedule for UC3M, CEMFI, Bank of Spain and FEDEA in one place                        


Unemployment and Endogenous Reallocation over the Business Cycle  ⋈♕⚬ with Carlos Carrillo-Tudela   ⚬  Econometrica, May 2023, 91(3), pp 1119-53.  ⚬ open access 

Online Appendix  (Jan 2023)
Supplementary Material (Dec 2021):

Replication Material

The Effects of Covid-19 on Couples' Job Tenures: Mothers Have it Worse ♛♕ ⚬ with Cristina Lafuente, Astrid Ruland and Raul Santaeulalia-Llopis ⚬ Labour Economics, August 2023, vol. 83, 102404 (previously titled: Couples’ Job Tenures and Contracts in Times of Covid) open access 

Search and Reallocation in the COVID-19 Pandemic: Evidence from the UK ♛♕ ⚬ with C. Carrillo-Tudela, C. Comunello, A. Clymo, A. Jäckle and D. Zentler-Munro Labour Economics, Junuary 2023, vol. 81, 102328 ⚬ open access

Temping Fates in Spain: Hours and Employment during the ‘Great Recession’ and Covid-19 ♛♕ ⚬ with Cristina Lafuente and Raul Santaeulalia-Llopis   ⚬ SERIEs  (special edition in honour of Juanjo Dolado)  13, pp 101–45, 2022

Revisiting the Hypothesis of High Discounts and High Unemployment ⚬ with Paolo Martellini & Guido Menzio ⚬ July 2021 Economic Journal

"Competing with Asking Prices" ⋈♙  ⚬ with Ben Lester and Ronald Wolthoff  ⚬  May 2017   ⚬  Theoretical Economics  (open access) ⚬

"The Extent and Cyclicality of Career Changes: Evidence for the UK"  ⚬ with Carlos Carrillo-Tudela, Bart Hobijn and Powen She   ⚬ May 2016, vol. 84, pp 18-41 ⚬  European Economic Review ⚬ open access provided by the ESRC ⚬ working paper version

"Directed Search over the Life Cycle"   ⚬ with Guido Menzio and Irina Telyukova  ⚬ Janurary 2016, vol. 19, pp 38-62 ⚬  Review of Economic Dynamics link to open version February 2015 (alt. link) 

"Unemployment Risk and Wage Differentials"   ⚬ with Roberto Pinheiro   ⚬ May 2015, vo. 157, pp397-424  ⚬  Journal of Economic Theory link to earlier version Sept. 2014

"Meeting Technologies and Optimal Trading Mechanisms in Competitive Search Markets"   ⚬ with Ben Lester and Ronald Wolthoff   ⚬ January 2016, vol. 155, pp 1-15 ⚬  Journal of Economic Theory  ⚬  link to ungated version

"Precautionary Demand for Money in a Business Cycle Model"   ⚬ with Irina Telyukova ⚬ Nov 2013, 60(8) ⚬  Journal of Monetary Economics ⚬  link to earlier version

"Information Acquisition and the Exclusion of Evidence in Trials"   ⚬ with Ben Lester and Nicola Persico   ⚬ 2012, 28(1)   ⚬  Journal of Law, Economics and Organization  

"Labor Market Fluctuations in the Small and in the Large"   ⚬ with Richard Rogerson and Randall Wright   ⚬ 2009, 5(1)   ⚬  International Journal of Economic Theory  link to NBER WP Version

Non-refereed and other Publications  

  ``Job search and mismatch during the Covid-19 pandemic’’ (with Carrillo-Tudela, Clymo, Jaeckle and Zentler-Munro) VoxEU column  7 Apr 2022

"La derogación (o no) de la reforma laboral del 2012 es todavía una cuestión de fe más que de razón"**   ⚬ with Cristina Lafuente and Raul Santaeulalia, ⚬  Nada es Gratis (blog), Nov 2021⬦

"Career Changes Decline During Recessions"   ⚬ with Carlos Carrillo-Tudela and Bart Hobijn  ⚬ 2014-09, ⚬  FRBSF Economic Letter  ⬦

"Majority of Hires Never Report Looking For a Job"   ⚬ with Carlos Carrillo-Tudela, Bart Hobijn  and Patryk Perkowski ⚬ 2015-10, ⚬  FRBSF Economic Letter  ⬦

Grants Acknowledged

symbols (♛♙) link some of the recent grants with papers above 

Contact Info


Snail Mail address: School of Economics The University of Edinburgh

30 Buccleuch Place, EH8 9JT, Edinburgh United Kingdom

(all material on this website (c) LPV and coauthors, 2007 and onwards)