Petrosky-Nadeau, Nicolas; Wasmer, Etienne; Zeng, Shutian - Federal Reserve Bank of San Francisco - 2014
American Time Use Survey to measure shopping time through the Great Recession. Average time spent searching declined in the …The renewal of interest in macroeconomic theories of search frictions in the goods market requires a deeper … understanding of the cyclical properties of the intensive margins in this market. We review the theoretical mechanisms that promote …