University · Economics · Labor Economics

Search and Matching in Labor Markets

4 Abschnitte

The Diamond-Mortensen-Pissarides (DMP) model, the Beveridge curve, equilibrium unemployment, and the distinction between frictional and structural unemployment, drawing on Pissarides, Mortensen, and Diamond.

Inhaltsübersicht

  • Why a Labor Market Is Not a Standard Market
  • The DMP Model: Vacancies, Matches, and the Job-Creation Curve
  • The Beveridge Curve and the Anatomy of Unemployment
  • Policy, Critiques, and Extensions
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Learn Search and Matching in Labor Markets — Labor Economics Economics | Summary, Flashcards & Quiz