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Peter A. Diamond, Dale T. Mortensen and Christopher A. Pissarides: Markets with search costs
Nobel Prize Committee
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Nobel Prize in Economics documents from Nobel Prize Committee
Why are so many people unemployed at the same time that there are a large number of job openings? How can economic policy affect unemployment? This year’s Laureates have developed a theory which can be used to answer these questions. This theory is also applicable to markets other than the labor market.
Keywords: Search frictions (search for similar items in EconPapers)
JEL-codes: E24 J64 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dge, nep-lab and nep-mac
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Persistent link: http://EconPapers.repec.org/RePEc:ris:nobelp:2010_002
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