An Empirical Equilibrium Job Search Model With Search on the Job and Heterogeneous Workers and Firms
构建并估计了一个均衡搜寻模型,允许工人机会成本和厂商生产率连续分布,并考虑在职搜寻,推导理论含义并开发半参数估计方法,适用于个体劳动力市场历史数据。
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.