Vuuren, Aico van; Berg, Gerard J. van den; Ridder, Geert - VU University Amsterdam, Faculty of Economics, Business … - 1999
We analyze the impact of unemployment benefits and minimum wages using an equilibrium search model which allows for … dispersion of benefits and productivity levels, job-to-job transitions, and structural and frictional unemployment. The … estimation method uses readily available aggregate data on marginal distributions of unemployment durations as well as wages and …
