Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5058515 | Economics Letters | 2015 | 4 Pages |
Abstract
â¢We study two-sided matching models with search frictions.â¢We develop a new approach to prove existence of steady-state equilibria.â¢Two assumptions are shown to suffice for the existence of steady-state equilibria.â¢Models with transferable and nontransferable utilities satisfy these assumptions.
We prove existence of steady-state equilibrium in a class of matching models with search frictions.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Stephan Lauermann, Georg Nöldeke,