Queueing and Searching
Queueing and Searching
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排队和搜索
DOI：
10.2139/ssrn.1590998
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发表时间：
2010
期刊：
影响因子：
--
通讯作者：
M. Sattinger
中科院分区：
文献类型：
--
作者：
M. Sattinger
This paper applies queueing theory to derive the equilibrium of a labor market with frictions. Queueing arises when workers can get jobs by waiting at a firm for a position to open. Queueing theory provides expressions for the expected numbers of vacancies, searching workers and queueing workers. As the ratio of workers to firms increases, the ratio of queueing to searching workers increases. At high ratios of workers to firms, dual wage equilibria arise.
