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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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Job search methods, intensity and success in Britain in the 1990s
Böheim, René; Taylor, Mark P. - 2002
We investigate the use of various job search strategies and their impact on the probability of subsequent employment and the re-employment wage among working age men in Britain. We find that replying to advertisements and using Job Centres are the two most common methods of job search and that...
Persistent link: https://www.econbiz.de/10009750237
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Search behavior, aggregate rationality and the discouraged worker effect
Dagsvik, John K.; Kornstad, Tom; Skjerpen, Terje - 2019
Discouraged workers are those who have given up search due to (perceived) low chances of obtaining work. In this paper we first develop a model for the probability of being in the labor force as a function of the probability of getting an acceptable job offer. This model is based on standard...
Persistent link: https://www.econbiz.de/10012005437
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Dynamics in Clickthrough and Conversion Probabilities of Paid Search Advertisements
Castelein, Anoek; Fok, D.; Paap, Richard - 2019
We develop a dynamic Bayesian model for clickthrough and conversion probabilities of paid search advertisements. These probabilities are subject to changes over time, due to e.g. changing consumer tastes or new product launches. Yet, there is little empirical research on these dynamics. Gaining...
Persistent link: https://www.econbiz.de/10014032687
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Job Search and Asset Accumulation Under Borrowing Constraints
Rendon, Sílvio - 2006
In this paper I show how borrowing constraints and job search interact. I fit a dynamic model to data from the National Longitudinal Survey (1979-cohort) and show that borrowing constraints are significant. Agents with more initial assets and more access to credit attain higher wages for several...
Persistent link: https://www.econbiz.de/10014086903
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In Search of Aggregate Production Function Specification
Dissanayake, Jagath - 2014
This paper re-estimates the constant-elasticity-of-substitution (CES) specification of aggregate production function using newly constructed annual data on physical and human capital stocks for a panel of 134 countries observed over the period 1960-2011. In our estimation, we allow parameters to...
Persistent link: https://www.econbiz.de/10013040261
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Evaluating a Monetary Business Cycle Model with Unemployment for the Euro Area
Groshenny, Nicolas - 2010
This paper estimates a medium-scale DSGE model with search unemployment by matching model and data spectra. Price mark …
Persistent link: https://www.econbiz.de/10013137719
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Evaluating a monetary business cycle model with unemployment for the euro area
Groshenny, Nicolas - 2009
This paper estimates a medium-scale DSGE model with search unemployment by matching model and data spectra. Price mark …
Persistent link: https://www.econbiz.de/10011597193
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Measuring the Output Gap Using Stochastic Model Specification Search
Chan, Joshua C. C. - 2017
It is well known that different specification choices can give starkly different output gap estimates. To account for model uncertainty, we average estimates over a wide variety of popular specifications using stochastic model specification search. In particular, we consider three types of...
Persistent link: https://www.econbiz.de/10012965664
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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