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Search theory at twenty-one

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

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Abstract

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: http://cep.lse.ac.uk
Additional Information: © 1992 the author
Divisions: Centre for Economic Performance
Economics
Subjects: H Social Sciences > HB Economic Theory
Date Deposited: 27 Apr 2007
Last Modified: 15 Sep 2023 22:40
URI: http://eprints.lse.ac.uk/id/eprint/2245

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