Kyyrä, Tomi - Valtion taloudellinen tutkimuskeskus (VATT), Government … - 2001
Empirical equilibrium search models have attracted a growing interest in recent years. Estimation of such models has … explain the labour market histories observed in Finnish panel data. We begin with a pure search model in which all wage … dispersion results from search frictions. Then we proceed to more complex specifications by introducing measurement error in …