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In this work we provide a theoretical overview of a search equilibrium model with continuous productivity dispersion and perform its estimation for the Austrian data. We describe empirically the dynamics of market equilibrium outcomes. Special emphasis is made on the analysis of changes in...
Persistent link: https://www.econbiz.de/10002636784
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We demonstrate that non-monotone behaviour of the right tail of earnings density may lead to the fact that nonparametric estimation of the Bontemps et al. (2000) equilibrium search model with employer heterogeneity does not yield consistent estimates. We propose an easy way of checking whether...
Persistent link: https://www.econbiz.de/10003315018
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We build and estimate a non-stationary structural job search model that incorporates the main stylized features of a typical job search monitoring scheme in unemployment insurance (UI) and acknowledges that search effort and requirements are measured imperfectly. Based on Belgian data,...
Persistent link: https://www.econbiz.de/10012962116
In this paper we investigate whether the extension of the entitlement to unemployment benefits in the mid 80s can explain the increase in the unemployment rates of unskilled and elder workers in western Germany. To answer this question we estimate a version of the Burdett-Mortensen search...
Persistent link: https://www.econbiz.de/10013319245
In this work we provide a theoretical overview of a search equilibrium model with continuous productivity dispersion and perform its estimation for the Austrian data. We describe empirically the dynamics of market equilibrium outcomes. Special emphasis is made on the analysis of changes in...
Persistent link: https://www.econbiz.de/10013319885
Persistent link: https://www.econbiz.de/10011701627
We build and estimate a non-stationary structural job search model that incorporates the main stylized features of a typical job search monitoring scheme in unemployment insurance (UI) and acknowledges that search effort and requirements are measured imperfectly. Based on Belgian data,...
Persistent link: https://www.econbiz.de/10011601188