Equilibrium Search with Continuous Productivity Dispersion: Theory and Nonparametric Estimation
构建了一个均衡搜索模型，其中劳动市场内企业生产率类型连续分布，推导了内生均衡工资分布，并开发了生产率分布的结构非参数估计方法，利用法国纵向调查数据估计模型，揭示企业利用搜索摩擦的程度。
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 be generated by the model. We develop a structural nonparametric estimation method for the productivity distribution. We estimate the model using French longitudinal survey data on labor supply, and we compare the results with those from a French panel data set of firms. The results are informative on the degree to which firms exploit search frictions.