On the Efficiency of Matching and Related Models of Search and Unemployment
构建了一个评估存在交易摩擦和失业的经济体资源配置效率的简单框架，整合了DMP双边匹配谈判模型的规范结果，并应用于分析多个传统劳动力市场模型。
This paper describes a simple framework for evaluating the allocative performance of economies characterized by trading frictions and unemployment. This framework integrates the normative results of earlier Diamond-Mortensen-Pissarides bilateral matching-bargaining models of trade coordination and price-setting, and consists of a set of general conditions for constrained Pareto efficient resource allocation that are applicable to conventional natural rate models. To illustrate, several conventional models of the labour market are reformulated as matching-bargaining problems and analyzed using this framework.