User talk:Lawlorg
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Question
[edit]You wouldn't happen to be an economics student at George Mason by any chance? Remember 20:15, 30 October 2007 (UTC)
I'm not, but I'm honored by the suggestion. I'm an economics student at NYU actually (Masters), and studying under a recent Mason (phd) grad. What about you? Lawlorg 01:01, 3 November 2007 (UTC)
- I graduated from school awhile ago, but I'm a big fan of Tyler Cowen's blog. Remember 13:51, 3 November 2007 (UTC)
Economics question
[edit]Hi, I'm looking for an editor with knowledge of economics to address a question that I'm not sure of (I was referred to you by User:Remember). An editor added part of the following, including a referral to his own work and I would rather someone with the appropriate knowledge give the OK than an ignorant one such as I. Could you give me an opinion on the following?
The imperfection of the labour market is sometimes graphically presented with a UV-curve, a hyperbolic or similarly shaped curve that shows a fixed relationship between the unemployment rate on one axis and the vacancy rate on the other. If the economy changes, the labour market will move along this curve. Factors that affect friction will shift the curve inwards or outwards. It is possible to derive this curve mathematically by aggregating (infinitely small) submarkets of the labour market, if it is assumed that these submarkets follow a probability distribution. Formulae have been derived for the normal distribution[1][2] and the Weibull distribution;[3] the latter has the hyperbolic UV-curve (U x V = c) as a special case.
- [1]P. Kooiman (1986), "Some empirical models for markets in disequilibrium", Ph.D. thesis, Erasmus University Rotterdam
- [2]Kooiman, P. (1985). "An empirical two market disequilibrium model for Dutch manufacturing". European Economic Review. 29 (3): 323–354. doi:10.1016/0014-2921(85)90044-3.
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suggested) (help)- [3](1983), "A family of market transaction functions", Foundations of Empirical Economic Research 1983/1, Rotterdam: Netherlands Economic Institute
Specifically, do you see any problems with bold sections, the citation or the text it accompanies?
My apologies for the vagueness, I'm trying to get an opinion based purely on the sources. Also, do you know if this publication serve as a reference in addition to, or as a replacement? Thanks, WLU (talk) 16:17, 7 May 2008 (UTC)