Modeling Labor Markets in Macroeconomics: Search and Matching

Posted: 14 Jul 2021

See all articles by Michael U. Krause

Michael U. Krause

affiliation not provided to SSRN

Thomas Lubik

Federal Reserve Banks - Federal Reserve Bank of Richmond

Date Written: December, 2014

Abstract

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

Krause, Michael U. and Lubik, Thomas, Modeling Labor Markets in Macroeconomics: Search and Matching (December, 2014). Available at SSRN: https://ssrn.com/abstract=3886221

Michael U. Krause (Contact Author)

affiliation not provided to SSRN

No Address Available

Thomas Lubik

Federal Reserve Banks - Federal Reserve Bank of Richmond ( email )

P.O. Box 27622
Richmond, VA 23261
United States

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