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.Full text not available from this repository.
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)|
|Additional Information:||© 1992 the author|
|Library of Congress subject classification:||H Social Sciences > HB Economic Theory|
|Sets:||Collections > Economists Online
Research centres and groups > Centre for Economic Performance (CEP)
Departments > Economics
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