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On the Usefulness of Search and Matching Models in Economics
Department of Economics, eCampus University, Novedrate, Italy
- 1 Department of Economics, eCampus University, Novedrate, Italy
Theoretical Economics Letters·Volume 11 (2021)·Pages 485–488·Published 8 May 2021·DOI10.4236/tel.2021.113032
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Abstract
Nowadays, the search and matching models are the primary and most popular theoretical tools used by economists to study all the “matching markets”, not only the labour market. The benefit of using these models is discussed in this theoretical economics letter. Indeed, in addressing an important and recent economic issue, the standard and basic model in the style of Pissarides is used with no substantial changes.
KeywordsMatching TheorySearch Theory
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