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Search theory at twenty-one

Pissarides, Christopher (1992) Search theory at twenty-one. CEP discussion paper; CEPDP0090 (90). Centre for Economic Performance, London School of Economics and Political Science,, London, UK.

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This paper reviews work in search theory, twenty-one years after the publication of the influential Phelps volume. It concentrates on work that builds on the concept of the matching function. It reviews the empirical foundations of the matching function, its implications for labour market equilibrium, in particular wage formation and employment dynamics, and suggests directions for future work.

Item Type: Monograph (Discussion Paper)
Official URL:
Additional Information: © 1992 the author
Divisions: Centre for Economic Performance
Subjects: H Social Sciences > HB Economic Theory
Sets: Collections > Economists Online
Research centres and groups > Centre for Economic Performance (CEP)
Departments > Economics
Date Deposited: 27 Apr 2007
Last Modified: 27 Jan 2021 00:39

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