An Empirical Equilibrium Job Search Model With Search on the Job and Heterogeneous Workers and Firms
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1999
- handle: 10670/1.a9do9e
- hal: hal-00357757
- doi: 10.1111/1468-2354.00052
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info:eu-repo/semantics/altIdentifier/doi/10.1111/1468-2354.00052
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Empirical Equilibrium Job Search ModelSujets proches
Personnel Workers Laborers Pattern Model Balancing (Physics) Balance (Physics) BalanceCiter ce document
Christian Bontemps et al., « An Empirical Equilibrium Job Search Model With Search on the Job and Heterogeneous Workers and Firms », HAL-SHS : économie et finance, ID : 10.1111/1468-2354.00052
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Résumé
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 workers are independent of their labor-market state. We derive the theoretical implications of these assumptions, we provide simulations, and we develop a semiparametric estimation procedure that we apply to a dataset of individual labor-market histories.