Narrow search
Showing 1 - 3 of 3
Cover Image
The Dynamic Beveridge Curve
Fujita, Shigeru; Ramey, Garey - EconWPA - 2005
both the vacancy- unemployment ratio and employment. We show that the standard version of the Mortensen-Pissarides matching … the matching model with sunk costs, vacancies react sluggishly to shocks, leading to highly realistic dynamics. …
Persistent link: https://www.econbiz.de/10005561342
Cover Image
Knowledge Exchange, Matching, and Agglomeration
Berliant, Marcus; III, Robert R. Reed; Wang, Ping - EconWPA - 2004
Despite wide recognition of their significant role in explaining sustained growth and economic development, uncompensated knowledge spillovers have not yet been fully modeled with a microeconomic foundation. This paper illustrates the exchange of knowledge as well as its consequences for...
Persistent link: https://www.econbiz.de/10005556221
Cover Image
Knowledge Exchange, Matching, and Agglomeration
Berliant, Marcus; III, Robert R. Reed; Wang, Ping - EconWPA - 2005
Despite wide recognition of their significant role in explaining sustained growth and economic development, uncompensated knowledge spillovers have not yet been fully modeled with a microeconomic foundation. This paper illustrates the exchange of knowledge as well as its consequences for...
Persistent link: https://www.econbiz.de/10005119061