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Autor:
Guido Menzio
Publikováno v:
Econometrica. 91:605-639
As search frictions in the market for a consumer product decline, buyers are able to locate and access more and more sellers. In response, sellers choose to design varieties of the product that are more and more specialized in order to take advantage
Autor:
Paolo Martellini, Guido Menzio
Publikováno v:
Journal of Political Economy. 128:4387-4437
For a search-theoretic model of the labor market, we seek conditions for the existence of a balanced growth path (BGP), where unemployment, vacancy, and worker’s transitions rates remain constant i...
Publikováno v:
SSRN Electronic Journal.
Autor:
Guido Menzio
As search frictions become smaller in the market for a consumer product, buyers are able to locate and access more sellers per unit of time. In response, sellers choose to design varieties of the product that are more specialized in order to exploit
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::1ac9969a90b748390efc57a347ff704d
https://doi.org/10.3386/w28638
https://doi.org/10.3386/w28638
Based on patterns of employment transitions, we identify three different types of workers in the US labor market: α’s β’s and γ’s. Workers of type α make up over half of all workers, are most likely to remain on the same job for more than 2
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::85a09eed86e10cb43547a3fad5a1f60c
https://doi.org/10.3386/w28663
https://doi.org/10.3386/w28663
Publikováno v:
Economic Synopses. 2021
The composition of the workforce has implications for the earnings consequences of a job loss and patterns in the job-finding rate.