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1by Shimer, Robert Published in Review of economic dynamics (01.04.2012)“...This paper uses readily accessible aggregate time series to measure the probability that an employed worker becomes unemployed and the probability that an...”
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2by Shimer, Robert Published in The American economic review (01.03.2005)“...This paper argues that the textbook search and matching model cannot generate the observed business-cycle-frequency fluctuations in unemployment and job...”
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3by Robert Shimer Published in The American economic review (01.09.2007)“...This paper develops a dynamic model of mismatch. Workers and jobs are randomly allocated to labor markets. Each market clears, but some have excess...”
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4“...We develop a dynamic equilibrium model of asset markets with adverse selection. There exists a unique equilibrium in which better quality assets trade at...”
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6by Shimer, Robert Published in European economic review (2006)“...This paper studies wage bargaining in a simple economy in which both employed and unemployed workers search for better jobs. The axiomatic Nash bargaining...”
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7by Robert Shimer Published in The Journal of political economy (01.10.2005)“...This paper studies the assignment of heterogeneous workers to heterogeneous jobs. Owing to the anonymity of a large labor market, workers use mixed strategies...”
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8“...We study economies with adverse selection, plus the frictions in competitive search theory. With competitive search, principals post terms of trade...”
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9by Rogerson, Richard Shimer, Robert Wright, Randall Published in Journal of economic literature (01.12.2005)“...We survey the literature on search-theoretic models of the labor market. We show how this approach addresses many issues, including the following: Why do...”
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10“...We study unemployment insurance for workers who sequentially sample job opportunities. We focus on the optimal timing of benefits and the desirability of...”
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11by Shimear, Robert Published in American economic journal. Macroeconomics (01.01.2009)“...I review research on the behavior of the labor wedge, the ratio between the marginal rate of substitution of consumption for leisure and the marginal product...”
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12“...This paper develops a tractable version of the Lucas and Prescott (1974) search model. Each of a continuum of industries produces a heterogeneous good using a...”
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13by Robert Shimer Published in The Journal of economic perspectives (01.01.2007)“...Daron Acemoglu, winner of the 2005 John Bates Clark Medal, uses theoretical and empirical analysis to tackle critical issues in a variety of fields in...”
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14“...This paper argues that a risk-averse worker's after-tax reservation wage encodes all the relevant information about her welfare. This insight leads to a novel...”
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15“...In Becker's (1973) neoclassical marriage market model, matching is positively assortative if types are complements: i.e., match output f(x, y) is supermodular...”
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16by Robert Shimer Published in The Quarterly journal of economics (01.08.2001)“...An increase in the share of youth in the working age population of one state or region relative to the rest of the United States causes a sharp reduction in...”
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17by Shimer, Robert“...Labor Markets and Business Cycles integrates search and matching theory with the neoclassical growth model to better understand labor market outcomes. Robert...”
2010
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18“...This paper constructs a tractable general equilibrium model of search with risk aversion. An increase in risk aversion reduces wages, unemployment, and...”
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19“...We develop the implications of the stock-flow matching model for unemployment, vacancies, and worker flows. Workers and jobs are heterogeneous, so most...”
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20“...This paper argues that unemployment insurance increases labor productivity by encouraging workers to seek higher productivity jobs, and by encouraging firms to...”