Unemployment notation

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  • Created by: amyclaire
  • Created 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

Other cards in this set

Card 2

Front

1/q

Back

average time to fill vacancy

Card 3

Front

1/f

Back

Preview of the front of card 3

Card 4

Front

if no other matching function given, f=

Back

Preview of the front of card 4

Card 5

Front

and q=

Back

Preview of the front of card 5
View more cards

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