Ribó, Ausias; Vilalta-Bufí, Montserrat - In: SERIEs : Journal of the Spanish Economic Association 11 (2020) 1, pp. 105-113
We provide bounds on the parameters of matching functions such that the job-finding rate and the vacancy-filling rate are below 1. We do that in the context of the canonical search and matching model with a Pissarides-type free-entry condition. We find that the restrictions for a Cobb-Douglas...