Question: Using your knowledge of the Diamond - Mortensen - Pissarides ( DMP ) model, critically review ONE of the following publications.Andersen et al . (

Using your knowledge of the Diamond-Mortensen-Pissarides (DMP) model, critically review ONE of the following publications.Andersen et al.(2023). How Do Households Respond to Job Loss? Lessons from Multiple High-Frequency Datasets. American Economic Journal: Applied Economics, 15(4),129.Bhuller et al.(2022). Facts and Fantasies about Wage Setting and Collective Bargaining. Journal of Economic Perspectives, 36(4),2952.Carranza et al.(2022). Job Search and Hiring with Limited Information about Workseekers Skills. American Economic Review, 112(11),35473583.You are required to do more than simply summarise the paper. You will also need to put forward a concise and well-structured economic argument. Your review should include the following items:
(a) Identify the main purpose/objective of the article. [5 marks]
(b) Identify and summarise the major conclusions of the article. [5 marks]
(c) Summarise the key ideas and arguments presented in the article. Demonstrate your understanding of these ideas and arguments by presenting them in your own words. [20 marks]
(d) Provide a critical reflection upon the article using your understanding of the subject area gained through unit content and wider reading. [20 marks]Note:  

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a The main purposeobjective of Carranza et al 2022 is to investigate the dynamics of job search and hiring when employers have limited information about the skills of job seekers b The major conclusio... View full answer

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