Five decades ago, insights of Mortensen, McCall, Hall, Phelps and others led us to suspect that turnover in labor markets was relevant not only for short-term macro-dynamics, but also an economy’s capacity for innovation and overall economic long-run dynamism. Since then, contributions of Diamond, Mortensen, and Pissarides have found their way into mainstream macroeconomics. The workshop will take stock of the role of search and matching for all aspects of macroeconomics as well as unresolved issues and open questions.
The Program Committee invites theoretical and empirical submissions of research on linkages between search and matching, labor market flows and macroeconomic outcomes. Papers that include innovative approaches, new data, or methodological contributions are of particular interest.
Topics to be discussed include but are not limited to:
- Empirical behavior of gross and net flows and the labor market stocks
- Flows of workers versus jobs
- Cross-country relationships between labor flows and macroeconomic variables
- The role of labor market policies for labor market flows
- Labor market dynamism and economic growth
- Wages and labor market flows
- Applications of search and matching to the macroeconomics of pandemics