| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP12315 |
| DP12315 Directed Search: A Guided Tour | |
| Philipp Kircher; Randall Wright; Benoit Julien; Veronica Guerrieri | |
| 发表日期 | 2017-09-20 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | This essay surveys the literature on directed/competitive search, covering theory and applications in, e.g., labor, housing and monetary economics. These models share features with traditional search theory, yet differ in important ways. They share features with general equilibrium theory, but with explicit frictions. Equilibria are typically efficient, in part because markets price goods plus the time required to get them. The approach is tractable and arguably realistic. Results are presented for finite and large economies. Private information and sorting with heterogeneity are analyzed. Some evidence is discussed. While emphasizing issues and applications, we also provide several hard-to-find technical results. |
| 主题 | Labour Economics |
| 关键词 | Directed search Competitive search Wage setting Job search Survey |
| URL | https://cepr.org/publications/dp12315 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/541125 |
| 推荐引用方式 GB/T 7714 | Philipp Kircher,Randall Wright,Benoit Julien,et al. DP12315 Directed Search: A Guided Tour. 2017. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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