Construct · 1 fields · 1 citations

Shimer puzzle: a standalone construct

One name. One construct. A landmark on the map.

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Labor economics

the failure of the standard search and matching model to generate the large observed fluctuations in unemployment and vacancies from realistic productivity shocks.

In labor economics, Shimer puzzle refers to the failure of the standard search and matching model to generate the large observed fluctuations in unemployment and vacancies from realistic productivity shocks. This meaning comes from Shimer (2005) in American Economic Review.[1]

Unit
Recovery means
Measured by

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Nearby constructs

failure4 fields · 6 citationsjingle · one word, four constructs labor4 fields · 4 citationsjingle · one word, four constructs matching4 fields · 4 citationsjingle · one word, four constructs

References

Shimer, R. (2005). The Cyclical Behavior of Equilibrium Unemployment and Vacancies. American Economic Review, 95(1), 25-49. https://doi.org/10.1257/0002828053828572

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