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A Simple and Robust Estimator for Discount Factors in Optimal Stopping Dynamic Discrete Choice Models
Daljord, Øystein - 2019
We propose a simple and robust two-step estimator for discount factors in a class of dynamic discrete choice models. The estimator follows from constructive identification results, including a new identification result for a general, time separable discount function. The estimator is derived as...
Persistent link: https://www.econbiz.de/10012862566
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Supply chain dynamics with assortative matching
Chai, Caichun; Francis, Eilin; Xiao, Tiaojun - 2016
by two matching processes: random matching and assortative matching. Our results indicate that random matching does not … matching and assortative matching. Interior Nash equilibrium is observed with assortative matching. However, this interior …
Persistent link: https://www.econbiz.de/10011561540
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Identification and Estimation in Two-Sided Matching Markets
Agarwal, Nikhil - 2014
We study estimation and non-parametric identification of preferences in two-sided matching markets using data from a … other that does not use information available in many-to-one matching. We also prove consistency of a method of moments … estimator for a parametric model under a data generating process in which the size of the matching market increases, but data …
Persistent link: https://www.econbiz.de/10013063240
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Complementarity and aggregate implications of assortative matching : a nonparametric analysis
Graham, Bryan S.; Imbens, Guido; Ridder, Geert - In: Quantitative economics : QE ; journal of the … 5 (2014) 1, pp. 29-66
another, potentially complementary, input fixed. We introduce a class of such reallocations - correlated matching rule - that … includes the status quo allocation, a random allocation, and both the perfect positive and negative assortative matching … pairwise stability concept used in the game theoretic literature on two-sided matching models with transfers. For estimation …
Persistent link: https://www.econbiz.de/10011757124
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A Statistical Analysis on Assortative Matching
Wong, Linda Y.; Yu, Qiqing - 2004
We consider the problem of statistical analysis on assortative matching. The random vector of interests consists of the …
Persistent link: https://www.econbiz.de/10014029093
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Active job-search programs a promising tool? : a microeconometric evaluation for Austria
Weber, Andrea; Hofer, Helmut - 2003
In Austria active job-search programs were introduced on a large scale in 1999. These programs aim at activating unemployed at an early stage and bringing them back to work by training job-search related skills. We evaluate the impact of active labour market programs in Austria on individual...
Persistent link: https://www.econbiz.de/10009726810
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Equilibrium directed search with multiple applications
Albrecht, James W.; Gautier, Pieter; Vroman, Susan B. - 2005
We analyse a model of equilibrium directed search in a large labour market. Each worker, observing the wages posted at all vacancies, makes a fixed, finite number of applications, a. We allow for the possibility of ex post competition should more than one vacancy want to hire the same worker....
Persistent link: https://www.econbiz.de/10011332815
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Matching with multiple applications
Albrecht, James W.; Gautier, Pieter; Vroman, Susan B. - 2001
We analyze the implications of multiple applications by job seekers for the microfoundations of the matching function …
Persistent link: https://www.econbiz.de/10011317448
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Information frictions and labor market outcomes
Cardoso, Ana Rute; Loviglio, Annalisa; Piemontese, Lavinia - 2015
We analyze the impact of information frictions on workers' wages, contributing to the literature that tested search theory, which has so far focused on labor market frictions in general and not specifically on information asymmetries. Using data for 16 countries from the European Social Survey...
Persistent link: https://www.econbiz.de/10010528571
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Dynamic directed search
Camera, Gabriele; Kim, Jaehong - 2015
Persistent link: https://www.econbiz.de/10010528891