COURSE OUTLINE [PDF] 

Some useful calculus rules [PDF]

Probability theory: some useful simple results [PDF]

Discounting: Discrete versus Continuous Compounding [PDF]

Some empirical facts [PDF] (from Cahuc and Zylberberg, Labor Economics, MIT Press 2004).

More recent empirical facts on flows in the labor market: Davis, Faberman and Haltiwanger (2006). [PDF]

The competitive model without frictions [PDF] (from Cahuc and Zylberberg, Labor Economics, MIT Press 2004).

The basic job-search model [PDF] (from Cahuc and Zylberberg, Labor Economics, MIT Press 2004).

The basic matching model [PDF]

How to derive the Bellman equations [PDF]

Poisson Processes [PDF]

Microfoundations of the Matching function and empirical evidences: Petrongolo and Pissarides JEL (2001) [PDF] and Stevens IER (2007) [PDF]

Dynamics of the search-matching model [PDF]

Heterogeneity and efficiency [PDF]

Dual Labor markets and search-matching: See Dolado, Jansen, and Jimeno (2003).

Wage Posting models [PDF]

Articles on European Unemployment

Ljungqvist and Sargent JPE 1998 [PDF]

Ljungqvist and Sargent WP Matching 2006 [PDF]

Exercise 1: The competitive model without frictions

Questions [PDF] Answers [PDF]

Exercise 2: The basic job-search model

Questions [PDF] Answers [PDF]

Exercises 3 and 4: The basic matching model

Questions [PDF] Answers [PDF]

Exercise 5: Good and bad jobs

Questions [PDF] Answers [PDF] 

Exercise 6: Multiple equilibria under balanced-budget rules (Rocheteau OEP 1999)

Questions [PDF] Answers [PDF]

References

Burdett, K. and D.T. Mortensen (1998), "Wage differentials, employer size, and unemployment," International Economic Review, 39, 257-273. [PDF] 

Dolado, J.J., Jansen, M. and J.F. Jimeno (2003), "On-the-job search in a matching model with heterogenous jobs and workers," Working Paper. [PDF]

Marimon R. and F. Zilibotti (1999), "Unemployment versus mismatch of talents: Reconsidering unemployment benefits", Economic Journal 109, 266-291. [PDF]

 Mortensen, D. and C.A. Pissarides (1994), "Job creation and job destruction in the theory of unemployment," Review of Economic Studies 61, 397-415. [PDF]

Mortensen, D.T. (2000), "Equilibrium unemployment with wage posting: Burdett-Mortensen meet Pissarides,". [PDF]

SURVEY ARTICLES

Mortensen, D.T. and C.A. Pissarides (1999), "New developments in models of search in the labor market", in Handbook of Labor Economics, D. Card and O. Ashenfelter (Eds.), Amsterdam: Elsevier Science, ch.39, 2567-2627. [PDF]

Mortensen, D.T. and C.A. Pissarides (1999),  Handbook of Macroeconomics. [PDF]

Yaariv (2007), EER. [PDF]

Rogerson, Wright and Shimer (2005), JEL. [PDF]