Much Ado about the Mortensen-Pissarides Matching Theory

This paper proves that the Mortensen-Pissarides matching theory is nothing but a tautology. They started with an assumption and ended with the same as solution. Their assumption/solution is also at odds with the Beveridge, or the negative vacancy-unemployment relation

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Year of publication:	2016
Authors:	Choi, Hak
Publisher:	[2016]: [S.l.] : SSRN
Subject:	Suchtheorie \| Search theory \| Welt \| World \| Schätzung \| Estimation \| Theorie der Arbeitslosigkeit \| Unemployment theory

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Extent:	1 Online-Ressource (3 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments November 19, 2016 erstellt
Other identifiers:	10.2139/ssrn.2872558 [DOI]
Classification:	E24 - Employment; Unemployment; Wages ; J63 - Turnover; Vacancies; Layoffs ; J64 - Unemployment: Models, Duration, Incidence, and Job Search ; J22 - Time Allocation and Labor Supply ; J23 - Employment Determination; Job Creation; Demand for Labor; Self-Employment
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012978974