This paper examines the use of equilibrium search models in the empirical analysis of labor markets. The author surveys the literature on structural estimation of these models with micro data on wages and durations, and he discusses the advantages of this approach for policy analysis and for...

This paper analyzes unemployment dynamics in the French, Dutch, and U.K. labor market. It presents a method to distinguish between the effects of duration dependence and unobserved heterogeneity on the exit rate out of unemployment. It turns out that for British male unemployed there is strong...

In this article, we study U.S. unemployment dynamics using grouped unemployment data from the Current Population Survey over the period 1968-92. We estimate a model that traces variation in these unemployment data, both over time and between demographic groups, back to the underlying variation...

The authors structurally analyze a job search model for unemployed individuals that allows jobs to have different wage/commuting-time combinations. The structural parameter of interest is the degree of willingness to pay for commuting time. The authors use a unique dataset containing responses...

This paper provides a structural empirical analysis of Dutch auctions of houseplants at the flower auction in Aalsmeer, the Netherlands. The data set is unique for Dutch auctions in the sense that it includes observations of all losing bids in an interval adjacent to the winning bid. The size of...

Labor market programs may affect unemployed individuals’ behavior before they enroll. Such ex ante effects may differ according to ethnic origin. We apply a novel method that relates self-reported perceived treatment rates and job search behavioral outcomes, such as the reservation wage or...

In this paper, the authors examine a rather popular eyeball check which has been used to establish the presence of state dependence in aggregate unemployment duration data. They correct the literature by showing that this check may well lead to wrong conclusions.

In this article we present and estimate a synthesis of previous equilibrium search models, allowing for continuous distributions of workers' opportunity costs of employment as well as firms' productivities. The model allows for on-the-job search, and we assume that job offer arrival rates for...