This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
Mismatch Author info | Abstract | Publisher info | Download info | Related research | Statistics Robert Shimer
Additional information is available for the following
registered author(s):
This paper develops a dynamic model of mismatch. Workers and jobs are randomly assigned to labor markets. Each labor market clears at each instant but some labor markets have more workers than jobs, hence unemployment, and some have more jobs than workers, hence vacancies. As workers and jobs move between labor markets, some unemployed workers find vacant jobs and some employed workers lose or leave their job and become unemployed. The model is quantitatively consistent with the comovement of unemployment, job vacancies, and the rate at which unemployed workers find jobs over the business cycle. It can also address a variety of labor market phenomena, including duration dependence in the job finding probability and employer-to-employer transitions, and it helps explain the cyclical volatility of vacancies and unemployment.
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
file . Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Article provided by Federal Reserve Bank of San Francisco in its journal Proceedings .
Volume (Year): (2006)
Issue (Month): ()
Pages:
Download reference. The following formats are available: HTML ,
plain text ,
BibTeX ,
RIS (EndNote),
ReDIF
Handle: RePEc:fip:fedfpr:y:2006:x:2Contact details of provider: Postal: P.O. Box 7702, San Francisco, CA 94120-7702 Phone: (415) 974-2000 Fax: (415) 974-3333 Email: Web page: http://www.frbsf.org/ More information through EDIRC
Order Information: Email: Web: http://www.frbsf.org/popups/fiporder.html
For technical questions regarding this item, or to correct its listing, contact: (Diane Rosenberger).
Keywords: Labor market Other versions of this item:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Shigeru Fujita & Garey Ramey, 2005.
"The dynamic Beveridge curve ,"
Working Papers
05-22, Federal Reserve Bank of Philadelphia.
[Downloadable!]
Other versions:
Shigeru Fujita & Garey Ramey, 2005.
"The Dynamic Beveridge Curve ,"
University of California at San Diego, Economics Working Paper Series
2005-08, Department of Economics, UC San Diego.
[Downloadable!] Shigeru Fujita & Garey Ramey, 2006.
"The Dynamic Beveridge Curve ,"
2006 Meeting Papers
239, Society for Economic Dynamics.
[Downloadable!] Shigeru Fujita & Garey Ramey, 2005.
"The Dynamic Beveridge Curve ,"
Macroeconomics
0509026, EconWPA.
[Downloadable!] Dale T. Mortensen & Éva Nagypál, 2005.
"More on Unemployment and Vacancy Fluctuations ,"
IZA Discussion Papers
1765, Institute for the Study of Labor (IZA).
[Downloadable!]
Other versions:
Dale T. Mortensen, 2005.
"More on Unemployment and Vacancy Fluctuations ,"
2005 Meeting Papers
326, Society for Economic Dynamics.
Dale T. Mortensen & Eva Nagypal, 2005.
"More on Unemployment and Vacancy Fluctuations ,"
NBER Working Papers
11692, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Dale Mortensen & Eva Nagypal, 2007.
"More on Unemployment and Vacancy Fluctuations ,"
Review of Economic Dynamics ,
Elsevier for the Society for Economic Dynamics, vol. 10(3), pages 327-347, July.
[Downloadable!] (restricted) Wouter J. den Haan & Garey Ramey & Joel Watson, 2000.
"Job Destruction and Propagation of Shocks ,"
American Economic Review ,
American Economic Association, vol. 90(3), pages 482-498, June.
[Downloadable!] (restricted)
Other versions:
Wouter J. den Haan & Garey Ramey & Joel Watson, 1997.
"Job Destruction and Propagation of Shocks ,"
NBER Working Papers
6275, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Wouter J. den Haan & Garey Ramey & Joel Watson, 1997.
"Job Destruction and Propagation of Shocks ,"
University of California at San Diego, Economics Working Paper Series
97-23, Department of Economics, UC San Diego.
[Downloadable!] Wouter Denhaan & Garey Ramey & Joel Watson, 1997.
"FORTRAN code for Job Destruction and Propagation of Shocks ,"
QM&RBC Codes
61, Quantitative Macroeconomics & Real Business Cycles.
[Downloadable!] Melvyn Coles & B Petrongolo, 2003.
"A Test Between Unemployment Theories Using Matching Data ,"
CEP Discussion Papers
dp0570, Centre for Economic Performance, LSE.
[Downloadable!]
Other versions:
Coles, Melvyn G & Petrongolo, Barbara, 2002.
"A Test Between Unemployment Theories Using Matching Data ,"
CEPR Discussion Papers
3241, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Coles, Melvyn & Petrongolo, Barbara, 2003.
"A Test between Unemployment Theories Using Matching Data ,"
IZA Discussion Papers
723, Institute for the Study of Labor (IZA).
[Downloadable!] Robert Shimer, 2005.
"The Cyclical Behavior of Equilibrium Unemployment and Vacancies ,"
American Economic Review ,
American Economic Association, vol. 95(1), pages 25-49, March.
[Downloadable!] (restricted)
Ricardo Lagos, 2000.
"An Alternative Approach to Search Frictions ,"
Journal of Political Economy ,
University of Chicago Press, vol. 108(5), pages 851-873, October.
[Downloadable!] (restricted)
Olivier Jean Blanchard & Lawrence F. Katz, 1992.
"Regional Evolutions ,"
Brookings Papers on Economic Activity ,
Economic Studies Program, The Brookings Institution, vol. 23(1992-1), pages 1-76.
[Downloadable!]
Tobin, James, 1972.
"Inflation and Unemployment ,"
American Economic Review ,
American Economic Association, vol. 62(1), pages 1-18, March.
Olivier Jean Blanchard & Peter Diamond, 1990.
"The Beveridge Curve ,"
NBER Reprints
1405, National Bureau of Economic Research, Inc.
Other versions: Mortensen, Dale T & Pissarides, Christopher A, 1994.
"Job Creation and Job Destruction in the Theory of Unemployment ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 61(3), pages 397-415, July.
[Downloadable!] (restricted)
Other versions: Coles, Melvyn G & Smith, Eric, 1998.
"Marketplaces and Matching ,"
International Economic Review ,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 39(1), pages 239-54, February.
Other versions: Lucas, Robert Jr. & Prescott, Edward C., 1974.
"Equilibrium search and unemployment ,"
Journal of Economic Theory ,
Elsevier, vol. 7(2), pages 188-209, February.
[Downloadable!] (restricted)
Robert E. Hall, 1999.
"Reorganization ,"
NBER Working Papers
7181, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Coles, Melvyn G & Muthoo, Abhinay, 1998.
"Strategic Bargaining and Competitive Bidding in a Dynamic Market Equilibrium ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 65(2), pages 235-60, April.
[Downloadable!] (restricted)
Other versions: Taylor, Curtis R, 1995.
"The Long Side of the Market and the Short End of the Stick: Bargaining Power and Price Formation in Buyers', Sellers', and Balanced Markets ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 110(3), pages 837-55, August.
[Downloadable!] (restricted)
Merz, Monika, 1995.
"Search in the labor market and the real business cycle ,"
Journal of Monetary Economics ,
Elsevier, vol. 36(2), pages 269-300, November.
[Downloadable!] (restricted)
Jonas D. M. Fisher, 2002.
"Technology shocks matter ,"
Working Paper Series
WP-02-14, Federal Reserve Bank of Chicago.
[Downloadable!]
Other versions: Marcus Hagedorn & Iourii Manovskii, 2005.
"The Cyclical Behavior of Equilibrium Unemployment and Vacancies Revisited ,"
2005 Meeting Papers
460, Society for Economic Dynamics.
Other versions: Pissarides, Christopher A, 1985.
"Short-run Equilibrium Dynamics of Unemployment Vacancies, and Real Wages ,"
American Economic Review ,
American Economic Association, vol. 75(4), pages 676-90, September.
[Downloadable!] (restricted)
Robert E. Hall & Paul R. Milgrom, 2005.
"The Limited Influence of Unemployment on the Wage Bargain ,"
NBER Working Papers
11245, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Robert E. Hall, 2005.
"Employment Fluctuations with Equilibrium Wage Stickiness ,"
American Economic Review ,
American Economic Association, vol. 95(1), pages 50-65, March.
[Downloadable!] (restricted)
Barbara Petrongolo & Christopher A. Pissarides, 2001.
"Looking into the Black Box: A Survey of the Matching Function ,"
Journal of Economic Literature ,
American Economic Association, vol. 39(2), pages 390-431, June.
[Downloadable!] (restricted)
Other versions: Abraham, Katharine G & Katz, Lawrence F, 1986.
"Cyclical Unemployment: Sectoral Shifts or Aggregate Disturbances? ,"
Journal of Political Economy ,
University of Chicago Press, vol. 94(3), pages 507-22, June.
[Downloadable!] (restricted)
Other versions: Guillaume Rocheteau & Randall Wright, 2003.
"Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium ,"
PIER Working Paper Archive
03-031, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
[Downloadable!]
Other versions:
Guillaume Rocheteau & Randall Wright, 2004.
"Money in search equilibrium, in competitive equilibrium, and in competitive search equilibrium ,"
Working Paper
0405, Federal Reserve Bank of Cleveland.
[Downloadable!] Randall Wright & Guillame Rocheteau, 2003.
"Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium ,"
Levine's Bibliography
666156000000000302, UCLA Department of Economics.
[Downloadable!] Guillaume Rocheteau & Randall Wright, 2005.
"Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium ,"
Econometrica ,
Econometric Society, vol. 73(1), pages 175-202, 01.
[Downloadable!] (restricted) Butters, Gerard R, 1977.
"Equilibrium Distributions of Sales and Advertising Prices ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 44(3), pages 465-91, October.
[Downloadable!] (restricted)
McCall, John J, 1970.
"Economics of Information and Job Search ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 84(1), pages 113-26, February.
[Downloadable!] (restricted)
Hansen, Bent, 1970.
"Excess Demand, Unemployment, Vacancies, and Wages ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 84(1), pages 1-23, February.
[Downloadable!] (restricted)
Full
references
Access and
download statistics Did you know? Each page is provided with a technical contact, in case something is not right with the supplied information. See under "publisher info".
This page was last updated on 2008-7-23.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .