Macroeconomic policy and labor markets: lessons from Dale Mortensen’s research

Abstract: On April 15?16, 2011, Northwestern University and the Chicago Fed co-sponsored a conference in honor of Dale Mortensen?a Northwestern University professor, Chicago Fed consultant, and co-recipient (along with Peter Diamond and Christopher Pissarides) of the 2010 Nobel Prize in economics, awarded for his analysis of markets with search frictions. This article summarizes one panel that presented work on the current state of the U.S. labor market, using Mortensen?s research.

Keywords: Macroeconomics; Labor market;

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Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Chicago Fed Letter

Publication Date: 2011

Issue: Aug

Order Number: 289b