Generally, structural job search models are taken to be stationary. In this paper, models are examined in which every exogenous variable can cause nonstationarity, for instance, because its value is dependent on unemployment duration. A general differential equation that describes the evolution...

In this article we develop an equilibrium search model with a continuous distribution of firm productivity types within a given labor market. We characterize equilibrium, derive expressions for the endogenous equilibrium wage distributions, and characterize the set of wage distributions that can...

This paper surveys the existing empirical research that uses search theory to empirically analyze labor supply questions in a structural framework, using data on individual labor market transitions and durations, wages, and individual characteristics. The starting points of the literature are...

A major issue in the analysis of unemployment durations concerns distinguishing genuine duration dependence of the exit rate out of unemployment from unobserved heterogeneity. The authors present a method for the nonparametric estimation of both phenomena, designed to be applicable to...

Using longitudinal micro data on unemployed individuals for 1983-85, a structural job search model is estimated. The model allows for transitions from unemployment to nonparticipation. An extended version of the model deals with the influence of on-the-job search and prospective wage increases...

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...