; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "Can the Mortensen-Pissarides Matching Model Match the Business Cycle Facts?"; ; "batchuser@example.com"; "Cole, Harold Linh, 1957-", "Rogerson, Richard Donald"; "Federal Reserve Bank of Minneapolis"; "We examine whether the Mortensen-Pissarides matching model can account for the business cycle facts on employment, job creation, and job destruction. A novel feature of our analysis is its emphasis on the reduced-form implications of the matching model. Our main finding is that the model can account for the business cycle facts, but only if the average duration of a nonemployment spell is relatively high—about nine months or longer."^^; "1996-12"; "2019-08-21T01:21:07.585363956+00:00"^^; "https://doi.org/10.21034/sr.224"; ; "https://creativecommons.org/licenses/by-nc/4.0/"; "Thu Nov 7 22:04:26 2019"; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "663", "145"; "Staff report (Federal Reserve Bank of Minneapolis. Research Department)"; "224"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Research Department"; "Published in: _International Economic Review_ (Vol. 40, No. 4, November 1999, pp. 933-959) https://doi.org/10.1111/1468-2354.00048."^^; ; "Publication" . ; .