Efficient Search on the Job and the Business Cycle

By Guido Menzio, Shouyong Shi. Journal of Political Economy, 2011

370 citations recorded by the source corpus.

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Inflation and Unemployment in the Long Run (2011, neutral): “The parameters k, δ, Z, σ, η and b are fixed using the standard approach in the macrolabor literature (see e.g. Shimer 2005 or Menzio and Shi 2009).”
Searching for Job Security and the Consequences of Job Loss (2021, methodology): “A similar feature simplifies block-recursive models of on-the-job search following Menzio and Shi (2011) and the recent paper by Lise and Robin (2013).”
Efficient Firm Dynamics in a Frictional Labor Market (2015, neutral): “Properties of the matching function are reviewed in Petrongolo and Pissarides (2001), and Mortensen and Pissarides (1999) and Rogerson, Shimer, and Wright (2005) review models of undirected and directed search.”