Sorting through Search and Matching Models in Economics
| Autor: | Lones Smith, Jan Eeckhout, Hector Chade |
|---|---|
| Rok vydání: | 2017 |
| Předmět: |
Economics and Econometrics
Matching (statistics) Family structure 05 social sciences Sorting Economia -- Metodologia Bargaining theory Search theory Ciències socials -- Filosofia 0502 economics and business Economics 050207 economics Social science Transferable utility Mathematical economics 050205 econometrics |
| Zdroj: | Journal of Economic Literature. 55:493-544 |
| ISSN: | 0022-0515 |
| DOI: | 10.1257/jel.20150777 |
| Popis: | Toward understanding assortative matching, this is a self-contained introduction to research on search and matching. We first explore the nontransferable and perfectly transferable utility matching paradigms, and then a unifying imperfectly transferable utility matching model. Motivated by some unrealistic predictions of frictionless matching, we flesh out the foundational economics of search theory. We then revisit the original matching paradigms with search frictions. We finally allow informational frictions that often arise, such as in college-student sorting. (JEL C78, D82, D83, I23, J12) |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|