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Stock-Flow Matching Model: A Quantitative Analysis

Author

Listed:
  • Robert Shimer

    () (Department of Economics University of Chicago)

Abstract

This paper extends Shimer's (2005) Mismatch model to allow for endogenous mobility. Rather than work directly in the original model, I use a related framework, the stock-flow matching model (Taylor, 1995; Coles and Muthoo, 1998). One of the contributions of this paper is therefore to compare the solutions to these two models. Their predictions are quantitatively similar

Suggested Citation

  • Robert Shimer, 2006. "Stock-Flow Matching Model: A Quantitative Analysis," 2006 Meeting Papers 877, Society for Economic Dynamics.
  • Handle: RePEc:red:sed006:877
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    More about this item

    Keywords

    Search; Unemployment; Vacancies Beveridge Curve;

    JEL classification:

    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers

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