Unemployment notation 0.0 / 5 ? EconomicsUnemploymentUniversityNone Created by: amyclaireCreated on: 28-05-19 17:00 q vacancy filling probability, H/V 1 of 8 1/q average time to fill vacancy 2 of 8 1/f average unemployment duration 3 of 8 if no other matching function given, f= a root theta 4 of 8 and q= a over root theta 5 of 8 Total benefit from hiring worker (y-w/s) x q 6 of 8 1/s duration of employment 7 of 8 Total benefit to firm of forming match y + theta K (theta k from f x k/q) 8 of 8
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