Unions in a Frictional Labor Market
---- Acknowledgements -----
We are grateful to audiences at BU, IIES, Minneapolis Fed, the Society of Economic Dynamics meeting in Ghent, the Search and Matching workshop, the NY/Philadelphia quantitative macro workshop, the BC/BU macro workshop, the Econometric Society summer meeting, and in particular Marina Azzimonti, Matteo Cacciatore, William Hawkins, Patrick Kehoe, Guido Menzio, Fabien Postel-Vinay, Victor Rios-Rull, Robert Shimer and Randy Wright for comments. Mirko Fillbrunn provided research assistance. Financial support from the NSF is gratefully acknowledged. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.