Restrictions for different functional forms of the matching function

Abstract We provide bounds on the parameters of matching functions such that the job-finding rate and the vacancy-filling rate are below 1. We do that in the context of the canonical search and matching model with a Pissarides-type free-entry condition. We find that the restrictions for a Cobb–Dougl...

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Bibliographic Details
Main Authors: Ausias Ribó, Montserrat Vilalta-Bufí
Format: Article
Language:English
Published: SpringerOpen 2019-09-01
Series:SERIEs: Journal of the Spanish Economic Association
Subjects:
Online Access:http://link.springer.com/article/10.1007/s13209-019-00205-0