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resides in between the random matching and the directed search outcomes. The equilibrium that emerges from this middle ground … is inefficient relative to the constrained Pareto allocation. Our theory encompasses the outcomes of the random matching …
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Remarks before the Longview Rotary Club, Longview, Texas, December 19, 2006
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Remarks before the Atlantik-Brücke Annual Meeting, Berlin, Germany, June 9, 2004 ; On October 12, 2005, at a meeting organized by the Dallas Committee on Foreign Relations and the American Council on Germany, German Ambassador Wolfgang Ischinger referred to a speech that Dallas Fed President...
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