This paper shows that job polarization has a persistent negative effect on employment
opportunities, labor mobility and skill-to-job match quality for mid/low-skilled workers, in …

We study global and local dynamics of a simple search and matching model of the labor
market. We show that the model exhibits chaotic and periodic dynamics for empirically …

This note uses recursive methods to provide a simple characterization of the planner's
solution of the continuous time and discrete time version of the simplest Pissarides (2000) …

In the search‐and‐matching model, equilibrium indeterminacy obtains when wages respond
strongly to a labor market tightening, and hiring is very elastic. We introduce two types of …

Until very recently, the pervasive existence of models exhibiting well-defined backward
dynamics but ill-defined forward dynamics in economics and finance has apparently posed …

We study global and local dynamics of a simple search and matching model of the labor
market. We show that the model can be locally indeterminate or have no equilibrium at all …

In this paper we apply the techniques of symbolic dynamics to the analysis of a labor market
which shows large volatility in employment flows. In a recent paper, Bhattacharya and …

This article studies about the stability of a model of labor market in a discrete dynamical
system. The model is characterized by an one-dimensional map with a unique fixed point …