Modeling Labor Markets in Macroeconomics: Search and Matching
Posted: 14 Jul 2021
Date Written: December, 2014
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.
JEL Classification: E24, E32, J23, J64
Suggested Citation: Suggested Citation