A directed tour of search‐theoretic explanations for unemployment: New Zealand Economic Papers: Vol 37, No 2

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Abstract

This paper presents a survey and evaluation of search‐theoretic models of unemployment. Four distinct categories of search models are identified and discussed: sequential sampling, equilibrium search, the matching function approach, and directed search. Each of these approaches are compared and contrasted, and the influence of each on current research directions is highlighted.

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Ian King, University of Auckland

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A directed tour of search‐theoretic explanations for unemployment

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A directed tour of search‐theoretic explanations for unemployment

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