Similar Search Results

Sorting and decentralized price competition

Eeckhout, Jan (contributor); Kircher, Philipp (contributor) - 2008

Persistent link: https://www.econbiz.de/10003769316

The nature of equilibrium in macroeconomics : a critique of equilibrium search theory

Aoki, Masanao (contributor); Yoshikawa, Hiroshi (contributor) - 2008

The standard Walrasian equilibrium theory requires that the marginal value product of production factor such as labor … theory allegedly fills this gap by encompassing apparent disequilibrium phenomena in the neoclassical equilibrium framework …. Taking up Lucas and Prescott (1974) as a primary example, we show that the neoclassical search theory cannot explain the …

Persistent link: https://www.econbiz.de/10003783607

Unravelling in two-sided matching markets and similarity of preferences

Hałaburda, Hanna (contributor) - 2008

Persistent link: https://www.econbiz.de/10003783761

Optimal unemployment insurance with variable skill levels

Pollak, Andreas - In: Journal of institutional and theoretical economics : JITE 164 (2008) 4, pp. 696-726

Persistent link: https://www.econbiz.de/10003787304

Inflation, price dispersion, and market structure

Caglayan, Mustafa; Filiztekin, Alpay; Rauh, Michael T. - In: European economic review : EER 52 (2008) 7, pp. 1187-1208

Persistent link: https://www.econbiz.de/10003789354

Efficiency improvement from restricting the liquidity of nominal bonds

Shi, Shouyong - In: Journal of monetary economics 55 (2008) 6, pp. 1025-1037

Persistent link: https://www.econbiz.de/10003790099

Monetary policy in a channel system

Berentsen, Aleksander; Monnet, Cyril - In: Journal of monetary economics 55 (2008) 6, pp. 1067-1080

Persistent link: https://www.econbiz.de/10003790120

On the cyclical behavior of employment, unemployment and labor force participation

Veracierto, Marcelo - In: Journal of monetary economics 55 (2008) 6, pp. 1143-1157

Persistent link: https://www.econbiz.de/10003790155

Wealth as a signal in the search model of money

Okumura, Tsunao (contributor) - 2005

This paper investigates the possibility that wealth (holdings of money) serves as a signal of ability to produce high quality products for agents who cannot directly observe the quality of the products. A producer’s wealth may advertise past success in selling products to agents who knew the...

Persistent link: https://www.econbiz.de/10003779289

Optimal Search Auctions

Crémer, Jacques (contributor); Spiegel, Yossi (contributor) - 2005 - rev.

We study the design of profit maximizing single unit auctions under the assumption that the seller needs to incur costs to contact prospective bidders and inform them about the auction. With independent bidders’ types and possibly interdependent valuations, the seller’s problem can be...

Persistent link: https://www.econbiz.de/10003780890