Diamond-Mortensen-Pissarides model

GPTKB entity

Statements (32)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:alsoKnownAs gptkb:DMP_model
gptkbp:assumes search costs
random matching of workers and firms
bargaining over wages
job separation rate
vacancy posting costs
gptkbp:basisFor Nobel Prize in Economics 2010
gptkbp:citation numerous academic papers
gptkbp:describes job matching
frictional unemployment
labor market dynamics
gptkbp:field labor economics
gptkbp:form partial differential equations
https://www.w3.org/2000/01/rdf-schema#label Diamond-Mortensen-Pissarides model
gptkbp:includes search and matching theory
gptkbp:influenced modern macroeconomics
policy analysis on unemployment
gptkbp:introducedIn 1980s
gptkbp:namedAfter gptkb:Christopher_Pissarides
gptkb:Dale_Mortensen
gptkb:Peter_Diamond
gptkbp:publishedIn gptkb:Econometrica
gptkbp:relatedTo gptkb:Beveridge_curve
matching function
search frictions
job creation and destruction
gptkbp:usedFor analyzing unemployment
analyzing job vacancies
analyzing wage determination
gptkbp:bfsParent gptkb:Diamond_coconut_model
gptkbp:bfsLayer 7