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Matlab code for Jovanovic's matching model

Author

Listed:
  • Thomas Sargent

    (New York University)

Abstract

A revised version of Jovanovic's model. Given current human capital level, the worker decides how to devide time between investment in human capital and search for other jobs. The probabilty of getting another offer depends on search effort. The worker can always stay in his current job if he wants to. The distribution of new job offers is uniform in the program.

Suggested Citation

  • Thomas Sargent, "undated". "Matlab code for Jovanovic's matching model," QM&RBC Codes 24, Quantitative Macroeconomics & Real Business Cycles.
  • Handle: RePEc:dge:qmrbcd:24
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    File URL: http://dge.repec.org/codes/sargent/jova.m
    File Function: program code
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