The Economics Of Search
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The Economics Of Search
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Author : Brian McCall
language : en
Publisher: Routledge
Release Date : 2007-12-20
The Economics Of Search written by Brian McCall and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-12-20 with Business & Economics categories.
The economics of search is a prominent component of economic theory, and it has a richness and elegance that underpins a host of practical applications. In this book Brian and John McCall present a comprehensive overview of the economic theory of search, from the classical model of job search formulated 40 years ago to the recent developments in equilibrium models of search. The book gives decision-theoretic foundations to seemingly slippery issues in labour market theory, estimation theory and economic dynamics in general, and surveys the entire field of the economics of search, including its history, theory, and econometric applications. Theoretical models of the economics of search are covered as well as estimation methods used in search theory and topics covered include job search, turnover, unemployment, liquidity, house selling, real options and auctions. The mathematical methods used in search theory such as dynamic programming are reviewed as well as structural estimation methods and econometric methods for duration models. The authors also explore the classic sequential search model and its extensions in addition to recent advances in equilibrium search theory.
Studies In The Economics Of Search
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Author : Steven A. Lippman
language : en
Publisher: North-Holland
Release Date : 1979
Studies In The Economics Of Search written by Steven A. Lippman and has been published by North-Holland this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979 with Business & Economics categories.
Empirical Labor Economics
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Author : Theresa J. Devine
language : en
Publisher: Oxford University Press
Release Date : 1991-02-28
Empirical Labor Economics written by Theresa J. Devine and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-02-28 with Business & Economics categories.
Presenting a complete survey of labor economics from the search point of view, this is the first book to coordinate a vast and scattered literature, making an increasingly important and sophisticated area in modern applied economics readily accessible. Completely comprehensive, Empirical Labor Economics covers not only sequential and random search, but all stochastic models of the labor market, and treats underlying economic theory and econometric methods as needed. It examines structural search models, studies directed at particular policy questions--such as the effect of unemployment benefits on unemployment durations--and simple descriptive studies, considering data from all over the world. With valuable summaries and trenchant assessments of the strengths and weaknesses of the search approach, Empirical Labor Economics is essential for those embarking on labor market research.
Keynesian Economics
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Author : Alan Coddington
language : en
Publisher: Psychology Press
Release Date : 2003
Keynesian Economics written by Alan Coddington and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Keynesian economics categories.
Keynesian Economics provides a wide-ranging critical examination of the presuppositions and procedures of Keynesian analysis. The result is both a clear guide to modern macro-economic theory and policy and a revealing exercise in the recent history of ideas - ideas which are highly contentious and still deeply influential. "(Alan) Coddington made several substantive contributions to the understanding of Keynesian economics which established his fame not merely in the UK but in major centres of economics around the world." The Times
Search Models And Applied Labor Economics
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Author : Nicholas M. Kiefer
language : en
Publisher: Cambridge University Press
Release Date : 1989-02-24
Search Models And Applied Labor Economics written by Nicholas M. Kiefer and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989-02-24 with Business & Economics categories.
This collection of papers marks the development of empirical application of the search approach to labor economics--an approach which arose as a theoretical development of the 1960s and led to numerous insights in the 1970s. The search approach naturally incorporates uncertainty in the economic model, making up some of the early work in what is now called "the economics of information." Included are econometric issues such as estimation and specification of search models for wages and unemployment duration, continuous time models of turnover, and identification of structural parameters. Applications to policy questions including Unemployment Insurance and wage subsidy programs are given, and data collection issues are discussed within the search framework.
Search Theory And Unemployment
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Author : Stephen A. Woodbury
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Search Theory And Unemployment written by Stephen A. Woodbury and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
Search Theory and Unemployment contains nine chapters that survey and extend the theory of job search and its application to the problem of unemployment. The volume ranges from surveys of job search theory that take microeconomic and macroeconomic perspectives to original theoretical contributions which focus on the externalities arising from non-sequential search and search under imperfect information. It includes a clear and authoritative survey of econometric methods that have been developed to estimate models of job search, as well as two lucid contributions to the empirical search literature. Finally, it includes a study that reviews and extends the literature on optimal unemployment insurance and concludes with an appraisal of the influence of search theory on the thinking of macroeconomic policymakers.
Empirical Labor Economics
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Author : Theresa J. Devine
language : en
Publisher:
Release Date : 2023
Empirical Labor Economics written by Theresa J. Devine and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with Labor economics categories.
This volume defines the economics of search, which has become a part of the standard graduate curriculum. The concept deals with the costs and benefits to individual workers - either employed or unemployed - of seeking a job with the highest possible pay.
Labor Credit And Goods Markets
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Author : Nicolas Petrosky-Nadeau
language : en
Publisher: MIT Press
Release Date : 2017-11-10
Labor Credit And Goods Markets written by Nicolas Petrosky-Nadeau and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-10 with Business & Economics categories.
An integrated framework to study the theoretical and quantitative properties of economies with frictions in labor, financial, and goods markets. This book offers an integrated framework to study the theoretical and quantitative properties of economies with frictions in multiple markets. Building on analyses of markets with frictions by 2010 Nobel laureates Peter A. Diamond, Dale T. Mortensen, and Christopher A. Pissarides, which provided a new theoretical approach to search markets, the book applies this new paradigm to labor, finance, and goods markets. It shows, in particular, how frictions in different markets interact with each other. The book first covers the main developments in the analysis of the labor market in the presence of frictions, offering a systematic analysis of the dynamics of this environment and explaining the notion of macroeconomic volatility. Then, building on the generality and simplicity of the search analysis, the book adapts it to other markets, developing the tools and concepts to analyze friction in these markets. The book goes beyond the traditional general equilibrium analysis of markets, which is often frictionless. It begins with the standard analysis of a single market, and then sequentially integrates more markets into the analysis, progressing from labor to financial to goods markets. Along the way, the book provides a number of useful results and insights, including the existence of a direct link between search frictions and the degree of volatility in the economy.
A Search Equilibrium Approach To The Micro Foundations Of Macroeconomics
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Author : Peter A. Diamond
language : en
Publisher: MIT Press
Release Date : 1984
A Search Equilibrium Approach To The Micro Foundations Of Macroeconomics written by Peter A. Diamond and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Business & Economics categories.
Peter A. Diamond discusses search equilibrium as a framework for integrating micro and macroeconomics.
A Search For Synthesis In Economic Theory
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Author : Ching-Yao Hsieh
language : en
Publisher: Routledge
Release Date : 2019-09-25
A Search For Synthesis In Economic Theory written by Ching-Yao Hsieh and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-25 with Business & Economics categories.
First published in 1986. Since the late 1960s the seeming inability of traditional monetary and fiscal policies to combat " stagflation" and address other macroeconomic issues has accelerated the erosion of confidence in the prevailing economic paradigm , the " neoclassical synthesis." * Dissensions among the members of the economics profession on both sides of the Atlantic have grown in number. By the 1970s, a majority of economists had recognized a " crisis" in economic theory. Parallel to this development, a crisis has also emerged in the Marxian camp. This volume is a discussion from the various schools of thought around three of the salient common grounds follows: the theory of a monetary economy, the disequilibrium foundations of a general equilibrium theory, and a rekindled interest in institutional factors.