Stock-Flow Matching Model: A Quantitative Analysis

No 877, 2006 Meeting Papers from Society for Economic Dynamics

Abstract: This paper extends Shimer's (2005) Mismatch model to allow for endogenous mobility. Rather than work directly in the original model, I use a related framework, the stock-flow matching model (Taylor, 1995; Coles and Muthoo, 1998). One of the contributions of this paper is therefore to compare the solutions to these two models. Their predictions are quantitatively similar

Keywords: Search; Unemployment; Vacancies Beveridge Curve (search for similar items in EconPapers)
JEL-codes: J6 (search for similar items in EconPapers)
Date: 2006-12-03

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