Bowlus, Audra J; Kiefer, Nicholas M; Neumann, George R - In: Journal of Applied Econometrics 10 (1995) S, pp. 119-31
Equilibrium search models generalize the one-sided models used earlier by endogenizing the wage offer distribution. Attempts to estimate versions of these equilibrium n search models have been unsuccessful, ironically because the predicted wage distribution did not fit the wage data. In this...