The DOI matches its Crossref record; 57 of the 57 references it cites were found in a registry or an index.
Looking into the Black Box: A Survey of the Matching Function
Abstract
This paper surveys the microfoundations, empirical evidence, and estimation issues underlying the aggregate matching function. There is no consensus yet on microfoundations but one is emerging on estimation. An aggregate, constant returns, Cobb-Douglas matching function with hires as a function of vacancies and unemployment has been successfully estimated for several countries. Recent work has utilized disaggregated data to go beyond aggregate estimates, with many refinements and suggestions for future research. The paper discusses spatial aggregation issues, and implications of on-the-job search and of the timing of stocks and flows for estimated matching functions.
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Cites
The General Theory of Employment, Interest and Money.
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The General Theory of Employment, Interest and Money, by John Maynard Keynes
Beckhart, B. H. (1936) · Political Science Quarterly · doi:10.2307/2143949 · Cited by 6,220
The general theory of employment
Keynes, J. M. (1937) · The Quarterly Journal of Economics · doi:10.2307/1882087 · Cited by 5,173
Friedman, M. (1995) · Essential Readings in Economics · doi:10.1007/978-1-349-24002-9_11 · Cited by 3,796
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Job Matching and the Theory of Turnover
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Aggregate Demand Management in Search Equilibrium
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Wage Differentials, Employer Size, and Unemployment
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Coordinating Coordination Failures in Keynesian Models
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Cited by
Search-Theoretic Models of the Labor Market: A Survey
Rogerson, R., Shimer, R., & Wright, R. (2005) · Journal of Economic Literature · doi:10.1257/002205105775362014 · Cited by 1,051
Understanding the City Size Wage Gap
Baum-Snow, N., & Pavan, R. (2012) · The Review of Economic Studies · doi:10.1093/restud/rdr022 · Cited by 355
Job search during the COVID-19 crisis
Hensvik, L., Le Barbanchon, T., & Rathelot, R. (2021) · Journal of Public Economics · doi:10.1016/j.jpubeco.2020.104349 · Cited by 144
Bidwell, M. J., & Briscoe, F. (2009) · Academy of Management Journal · doi:10.5465/amj.2009.47084649 · Cited by 99
The aggregate labor market effects of the Swedish Knowledge Lift program
Albrecht, J., van den Berg, G. J., & Vroman, S. (2009) · Review of Economic Dynamics · doi:10.1016/j.red.2008.01.002 · Cited by 78
Metadata
- Authors
- Petrongolo, B., & Pissarides, C. A.
- Venue
- Journal of Economic Literature
- Publisher
- American Economic Association
- Published
- 2001-06-01
- Volume
- 39
- Issue
- 2
- Pages
- 390-431
- ISSN
- 0022-0515
- OpenAlex
- W2125549684
- Cited by
- 2,384
- References
- 57
- Type
- journal article
- Language
- en
- Open access
- closed
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