NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Adverse Selection in Competitive Search Equilibrium

Veronica Guerrieri, Robert Shimer, Randall Wright

NBER Working Paper No. 14915
Issued in April 2009

---- Acknowledgements -----

We are grateful for comments from Daron Acemoglu, Hector Chade, Guido Lorenzoni, Giuseppe Moscarini, Iván Werning, and numerous seminar participants. Shimer and Wright thank the National Science Foundation for research support. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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