Matlab code for Jovanovic's matching model

Thomas Sargent

QM&RBC Codes from Quantitative Macroeconomics & Real Business Cycles

Abstract: A revised version of Jovanovic's model. Given current human capital level, the worker decides how to devide time between investment in human capital and search for other jobs. The probabilty of getting another offer depends on search effort. The worker can always stay in his current job if he wants to. The distribution of new job offers is uniform in the program.

Language: Matlab
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Downloads: (external link)
https://dge.repec.org/codes/sargent/jova.m program code (application/x-matlab)
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Related works:
Journal Article: Job Matching and the Theory of Turnover (1979)
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Persistent link: https://EconPapers.repec.org/RePEc:dge:qmrbcd:24

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