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A directed tour of search-theoretic explanations for unemployment

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  • Ian King

Abstract

This paper presents a survey and evaluation of search-theoretic models of unemployment. Four distinct categories of search models are identified and discussed: sequential sampling, equilibrium search, the matching function approach, and directed search. Each of these approaches are compared and contrasted, and the influence of each on current research directions is highlighted.

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File URL: http://www.tandfonline.com/doi/abs/10.1080/00779950309544386
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal New Zealand Economic Papers.

Volume (Year): 37 (2003)
Issue (Month): 2 ()
Pages: 245-267

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Handle: RePEc:taf:nzecpp:v:37:y:2003:i:2:p:245-267

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Web page: http://www.tandfonline.com/RNZP20

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Cited by:
  1. Julien, BenoI^t & Kennes, John & King, Ian, 2008. "Bidding for money," Journal of Economic Theory, Elsevier, vol. 142(1), pages 196-217, September.
  2. Richard Dutu & Benoit Julien & Ian King, 2009. "Liquidity Constrained Competing Auctions," Department of Economics - Working Papers Series 1068, The University of Melbourne.
  3. Razzak, Weshah, 2008. "On The dynamic of search, matching and productivity in New Zealand and Australia," MPRA Paper 8262, University Library of Munich, Germany.
  4. Benoit Julien & John Kennes & Ian King & Sephorah Mangin, 2008. "Directed Search, Unemployment and Public Policy," Department of Economics - Working Papers Series 1049, The University of Melbourne.

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