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Working Papers

December 2014, No. 14-19

Modeling Labor Markets in Macroeconomics: Search and Matching

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.

Katrina Mullen (804) 697-8145

Working Papers

Modeling Labor Markets in Macroeconomics: Search and Matching

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