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Job Matching, Wage Dispersion, and Unemployment

Editor

Listed:
  • Tatsiramos, Konstantinos
    (Senior Research Associate, IZA)

  • Zimmermann, Klaus F.
    (Director of the IZA and Professor of Economics, University of Bonn)

Author

Listed:
  • Mortensen, Dale T.

    (Ida C. Cook Professor of Economics at Northwestern University)

  • Pissarides, Christopher A.

    (Professor of Economics at the London School of Economics)

Abstract

Dale T. Mortensen and Christopher A. Pissarides are the recipients (with Peter Diamond) of the Nobel memorial Prize in Economics 2010. They have made path-breaking contributions to the analysis of markets with search and matching frictions, which account for much of the success of job search theory and the flows approach in becoming a leading tool for microeconomic and macroeconomic analysis of labor markets. Both scientists have gained groundbreaking insights through individual as well as joint research. Consequently, this volume not only features several papers which helped shape the equilibrium search model, including some early contributions which have initiated the research on what is known today as the search and matching model of the labor market, but it also presents a joint paper by the IZA Prize Laureates, which is a complete statement of the equilibrium search and matching model with endogenous job creation and job destruction. As part of the IZA Prize Series, the book presents a selection of their most important work which has highly enriched research on unemployment as an equilibrium phenomenon, on labor market dynamics, and on cyclical adjustment.

Suggested Citation

  • Mortensen, Dale T. & Pissarides, Christopher A., 2011. "Job Matching, Wage Dispersion, and Unemployment," OUP Catalogue, Oxford University Press, number 9780199233786 edited by Tatsiramos, Konstantinos & Zimmermann, Klaus F..
  • Handle: RePEc:oxp:obooks:9780199233786
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    Cited by:

    1. Kornstad, Tom & Nymoen, Ragnar & Skjerpen, Terje, 2013. "Macroeconomic shocks and the probability of being employed," Economic Modelling, Elsevier, vol. 33(C), pages 572-587.
    2. Vincent Geloso, 2016. "The Turnover-Reducing Effects of the Minimum Wage may Harm the Economy," Economic Affairs, Wiley Blackwell, vol. 36(3), pages 318-325, October.
    3. Leonardo Fabio Morales & Daniel Medina, 2016. "Labor Fluidity and Performance of Labor Outcomes in Colombia: Evidence from Employer-Employee Linked Panel," BORRADORES DE ECONOMIA 014249, BANCO DE LA REPÚBLICA.
    4. Pissarides, Christopher A., 2015. "Dale Mortensen: An appreciation," Research in Economics, Elsevier, vol. 69(1), pages 1-6.

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