Template-type: ReDIF-Paper 1.0
Author-Name: Carmen Carrera Calero
Author-Workplace-Name: Facultad de Ciencias Económicas y Empresariales. Universidad Complutense de Madrid.
Author-Name: Antonio Rodrigo Fernández
Author-Workplace-Name: Departamento de Fundamentos del Análisis Económico I (Análisis Económico). Universidad Complutense de Madrid.
Author-Workplace-Homepage:
 https://www.ucm.es//departamento-de-analisis-economico-y-economia-cuantitativa
Author-Name: Mercedes Vázquez Furelos
Author-Workplace-Name: Departamento de Fundamentos del Análisis Económico I (Análisis Económico). Universidad Complutense de Madrid.
Author-Workplace-Homepage:
 https://www.ucm.es//departamento-de-analisis-economico-y-economia-cuantitativa
Title: Unemployment, optimal waiting and queues
Abstract: Estudio que conecta con las dos principales lineas de investigación, desempleo y crecimiento endógeno, en lo referente a 
	la influencia de los cambios tecnológicos y los efectos sobre el desempleo.
Abstract: In this article we portray the state of technically diverse economies as the outcome of probabilistic equilibria. We 
	provide the steady state distributions of current technologies, unemployment, wages and job durations thus allowing the 
	comparison of situations with identical mean values but a differently distributed probability mass. A queueing closed 
	network is used to establish the connections between advertised, filled and dormant business options, and their implications 
	for the unemployment of differently qualified workers. The queueing connecting rates are obtained endogenously as the 
	outcome of the optimizing strategies of firms.
Keywords: Desempleo; Unemployment; Probabilistic matching; Queues; Optimal technologies.
Length: 25 pages 
Creation-Date: 1998
Number: 98-18
X-File-Ref: http://america.sim.ucm.es/repec/ucm/ref/doctra98-18.txt
File-URL: https://eprints.ucm.es/id/eprint/6662/1/9818.pdf
File-Format: Application/pdf  
Handle: RePEc:ucm:doctra:98-18