Modeling Labor Markets in Macroeconomics: Search and Matching

Michael Krause and Thomas Lubik

No 14-19, Working Paper from Federal Reserve Bank of Richmond

Abstract: We present and discuss the simple search and matching model of the labor market against the background of developments in modern macroeconomics. We derive a simple representation of the model in a general equilibrium context and how the model can be used to analyze various policy issues in labor markets and monetary policy.

JEL-codes: E24 E32 J23 J64 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2014-12-15
New Economics Papers: this item is included in nep-dge and nep-mac
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Citations: View citations in EconPapers (3)

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