Unemployment and other challenges. On the Nobel Prize in Economics awarded to Peter A. Diamond, Dale T. Mortensen and Christopher A. Pissarides Authors Joan Tugores Ques Abstract The contributions by the 2010 Nobel Prize winners in Economics stand out in examinations of the role of frictions in different markets, in which heterogeneities and specificities make a search process necessary in order to find a reasonable match between the parties in a transaction. The applications to labor markets are noteworthy, with major implications for the determinants of employment and unemployment, and for policies on these matters. However, the findings can also be extrapolated to other kinds of markets and applications. Downloads PDF Published 2012-07-03 Issue Vol. 7 No. 2 (2011) Section The Nobel Prizes of 2010 License This work is subject, unless the contrary is indicated in the text, the photographs or in other illustrations, to an Attribution —Non-Commercial— No Derivative Works 3.0 Creative Commons License, the full text of which can be consulted at http://creativecommons.org/licenses/by-nc-nd/3.0/. You are free to share, copy, distribute and transmit the work provided that the author is credited and reuse of the material is restricted to non-commercial purposes only and that no derivative works are created from the original material.
