Assortative Matching and Search
This paper has pushed Becker's matching insights into a quite plausible search setting. Exploiting the implicit integral equation (10), we gave a thorough characterization of cross-sectional matching patterns in the equilibrium and constrained s ocial optimum of a frictional matching model. In so doing, we have developed important new techniques for establishing existence, as well as extended the reach of the supermodularity research program into a wide new arena.
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|Date of creation:||1997|
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