We estimate an equilibrium search model with productivity dispersion between markets and structural unemployment, using Danish data. For women, structural unemployment is relatively more important than frictional unemployment, but for men, frictional unemployment is most important. Overall,...

The homogeneous search equilibrium model of Mortensen (1990) and Burdett and Mortensen (1998) is extended to allow on-the-job wage growth. The extension allows an improved empirical fit to the cross-section wage distribution. The estimation problem is nonregular but tractable. Estimated...

In this paper I study the way in which individual unemployment durations vary over the business cycle, as measured by the aggregate unemployment rate.

In this study the gender wage gap within three birth cohorts is analysed on the basis of a panel sample of Danish workers covering the period 1979-1990.

In this paper, we compare two different types of models for the duration of unemployment spells: the multiple phase duration model and the competing risks model. Both models allow for non-proportionality of the effect of the explanatory variables on the hazard function. The two models are...

Labour market assimilation of Danish first generation male immigrants is analysed based on two panel data sets covering the population of immigrants and 10% of the Danish population during 1984-1995. Wages and employment probabilities are estimated jointly in a random effects model which...

The paper estimates supply for married and single men and women in Danmark in 1980, using a double-hurdle model which allows involuntary unemployment due to for example demand restrictions, and fixed costs of work.

In this paper we extend a job search-matching model with firm-specific investments in training developed by Mortensen (1998) to allow for different offer arrival rates in employment and unemployment. The model by Mortensen changes the original wage posting model (Burdett and Mortensen, 1998) in...

The wage posting approach to search equilibrium is incorporated into the equilibrium unemployment approach in the paper. The unique equilibrium to the wage posting game analysed is a distribution of wage offers of the same functional form as that originally derived by Burdett and Mortensen...

This paper studies the broad class of log-concave probability distributions that arise in economics of uncertainty and information.