Stock-Flow Matching Model: A Quantitative Analysis

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

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Year of publication:	2006-12-03
Authors:	Shimer, Robert
Institutions:	Society for Economic Dynamics - SED
Subject:	Search \| Unemployment \| Vacancies Beveridge Curve

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Series:	2006 Meeting Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2006 Meeting Papers Number 877
Classification:	J6 - Mobility, Unemployment, and Vacancies
Source:	RePEc - Research Papers in Economics

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