A Search Model Applied to the Transition from Education to Work
构建并估计了一个包含可变搜索强度的搜索模型,用于分析从教育到工作的过渡过程,使用新法学毕业生数据,并分两个子时期估计以考察市场变化的影响。
This paper presents the specification and estimation of a search model applied to the transition from education to work. The theoretical search model includes the possibility of variable search intensity. The empirical model with a reservation wage relation is estimated using maximum likelihood methods. A data set containing information on new law graduates is used for the estimation. Finally, the model is estimated for two separate subperiods to investigate the effects of market changes.