Search models have vastly improved our understanding of important market events that are not explained by classical economic theory, but they tend to treat price formation as an afterthought. This column introduces a survey of the literature on ‘directed search’, which aims to keep the explanatory power of search models but allows for a meaningful role of prices in determining where people search for a trading partner.
Randall Wright, Philipp Kircher, Benoit Julien, Veronica Guerrieri, 07 January 2018
Related
-
Rabah Arezki, Thorvaldur Gylfason, Amadou Sy
Most Read
-
Égert, de La Maisonneuve, Turner
-
Chaudhary, Viswanath-Natraj
-
Huber
-
Frey, Presidente
-
Mahlstein, McDaniel, Schropp, Tsigas
-
Burgess, Sievertsen
-
Eichengreen, O'Rourke
-
Mitze, Kosfeld, Rode, Wälde
-
Heldring, Robinson
-
Allen
Blogs&Reviews
-
Carraro, Cœuré, Dhand, Eichengreen, Mills, Rey, Sapir, Schwarzer
-
Evenett
-
Fullerton, Levinson
-
Hoffmann, Moench, Pavlova, Schultefrankenfeld
-
Reichlin, Adam, McKibbin, McMahon, Reis, Ricco, Weder di Mauro
Don't Miss
Di Maio, Brück
Eichengreen, Gorodnichenko, Rogoff
Events
-
14 - 17 June 2022 / University of Pisa, Dep. Economics and Management / University of Pisa, Dep. Economics and Management
-
22 - 24 June 2022 / Lucca, Italy /
-
5 - 15 July 2022 / Warwick/Coventry / University of Warwick
-
11 - 13 July 2022 / / National Council of Applied Economic Researach (NCAER)
-
22 - 23 August 2022 / Palais Coburg, Vienna, Austria / WU Vienna University of Economics and Business Research Institute for Capital Markets (ISK)
CEPR Policy Research
-
Gobillon, Solignac
-
Giglio, Maggiori, Stroebel, Weber
-
Summers, Fatás
-
Favero, Galasso
-
Butt, Churm, McMahon, Morotz, Schanz
-
Eichengreen, Avgouleas, Poiares Maduro, Panizza, Portes, Weder di Mauro, Wyplosz, Zettelmeyer
-
Baldwin, Beck, Bénassy-Quéré, Blanchard, Corsetti, De Grauwe, den Haan, Giavazzi, Gros, Kalemli-Ozcan, Micossi, Papaioannou, Pesenti, Pissarides , Tabellini, Weder di Mauro
-
Baldwin, Nakatomi
-
Thimann
-
Goodhart, Perotti