2 Mortensen and Pissarides (1994) and Pissarides (2000, ch. 2) develop a matching model with an endogenous

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2 Mortensen and Pissarides (1994) and Pissarides (2000, ch. 2) develop a matching model with an endogenous job destruction rate.

a meetings occur bets%

Which particular w, Consider a small matches and VN vacan dt equals (XN/ VN,.,:.

write q as:

q = G(UN, VN)

VN

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Foundations Of Modern Macroeconomics

ISBN: 9781264857937

1st Edition

Authors: Ben J. Heijdra, Frederick Van Der Ploeg

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