Working Papers

December 2014, No. 14-19

Modeling Labor Markets in Macroeconomics: Search and Matching

Thomas A. Lubik and Michael U. Krause

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.



Our Research Focus: Labor Markets

Contact Us

Lisa Kenney
(804) 697-8179