Search Theory Reading Group

Spring 2015: Wednesday, 1-2pm at RAWL 2079

Ground Rules and Etiquette

List of Papers (by Topic)

Schedule of Meetings

1. February 4: Andrew Compton

Guler, Guvenen, Violante (2012): "Joint-Search Theory: New Opportunities and New Frictions," Journal of Monetary Economics.

2. Feburary 11: Jackie Buhrmann

Shimer (2005): "The Assignment of Workers to Jobs in an Economy with Coordination Frictions," Journal of Political Economy.

3. February 18: Stephanie Rosch

Guerrierri, Shimer, Wright (2010): "Adverse Selection in Competitive Search Equilibrium," Econometrica.

4. March 4: Sophie Shen

Smith (2006): "The Marriage Model with Search Frictions," Journal of Political Economy.

5. March 25: Karen Zhong

Mitra and Ranjan (2010): "Offshoring and Unemployment: the Role of Search Frictions and Labor Mobility," Journal of International Economics.

6. April 1: Mary Kate Batistich

Rupert and Wasmer (2012): "Housing and the Labor Market: Time to Move and Aggregate Unemployment," Journal of Monetary Economics.

7. April 8: Masha Brussevich

Alessandria (2009): "Consumer Search, Price Dispersion, and International Relative Price Fluctuations," International Economic Review.

8. April 15: Stanton Hudja

Duffy and Ochs (2002): "Intrinsically Worthless Objects as Media of Exchange: Experimental Evidence," International Economic Review.

9. April 29: Gabi Jiang

Jovanovic (1979). "Job Matching and the Theory of Turnover," Journal of Political Economy.

10. May 6: Linda Hou

Albrecht and Vroman (2002). "A Matching Model with Endogenous Skill Requirements," International Economic Review.

Background Readings

Randy Wright's Search Theory Notes

Mortensen and Pissarides (1999): "Job Reallocation, Employment Fluctuations, and Unemployment"

Rogerson, Shimer, and Wright (2005): "Search Theoretic Models of the Labor Market: A Survey"

Nobel Prize Citation (2010): "Markets With Frictions"

Williamson and Wright (2010): "New Monetarist Economics: Methods"

Lagos, Rocheteau, and Wright (2014): "The Art of Monetary Theory: A New Monetarist Perspective"

Other Resources

Presentation tips: from Monika Piazzesi (Stanford), from Matthias Doepke (Northwestern)