Implications of Search Frictions: Matching Aggregate and Establishment-level Observations
NBER Working Paper No. 13115
---- Acknowledgments ----
We are grateful to an anonymous referee, Robert King, Shigeru Fujita, Murat Tasci and Eran Yashiv for helpful comments. Comments from Stephen Nickell, Julian Messina and participants at the 2006 Swiss National Bank/JME Conference and seminar participants at Ohio State University, Washington University of St. Louis and the Federal Reserve Banks of Chicago, Dallas, Kansas City and New York for comments and suggestions. The authors thank the NSF for financial support. The views expressed herein are solely those of the authors and do not necessarily reflect the views of the Federal Reserve Bank of Kansas City, the NBER or the Federal Reserve System.