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Macroeconomic policy and labor markets: lessons from Dale Mortensen’s research

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Abstract

On April 15?16, 2011, Northwestern University and the Chicago Fed co-sponsored a conference in honor of Dale Mortensen?a Northwestern University professor, Chicago Fed consultant, and co-recipient (along with Peter Diamond and Christopher Pissarides) of the 2010 Nobel Prize in economics, awarded for his analysis of markets with search frictions. This article summarizes one panel that presented work on the current state of the U.S. labor market, using Mortensen?s research.

Suggested Citation

  • David A. Benson, 2011. "Macroeconomic policy and labor markets: lessons from Dale Mortensen’s research," Chicago Fed Letter, Federal Reserve Bank of Chicago, issue Aug.
    • Handle: RePEc:fip:fedhle:y:2011:i:aug:n:289b
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    File URL: http://www.chicagofed.org/digital_assets/publications/chicago_fed_letter/2011/cflaugust2011_289b.pdf
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    Cited by:

    1. Mary C. Daly & Bart Hobijn & Aysegül Sahin & Robert G. Valletta, 2012. "A Search and Matching Approach to Labor Markets: Did the Natural Rate of Unemployment Rise?," Journal of Economic Perspectives, American Economic Association, vol. 26(3), pages 3-26, Summer.
    2. Constantin DUGULEANĂ, 2014. "Permanent Unemployment, A Reflection Of Changing The Basic Structure Of Economic Activities," CrossCultural Management Journal, Fundația Română pentru Inteligența Afacerii, Editorial Department, issue 2, pages 297-304, November.
    3. Liu, De-chih, 2021. "The Unemployment Invariance Hypothesis: Does the Gender Matter?," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 62(2), pages 178-199, December.

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    Keywords

    Macroeconomics; Labor market;

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