Household Search or Individual Search: Does It Matter?
开发并估计了一个包含在职搜寻和劳动供给的家庭搜寻模型，发现忽略家庭决策单位会导致性别工资差异估计偏大近一倍，并低估女性终身不平等约30%。
Most labor market search models ignore the fact that decisions are often made at the household level. We fill this gap by developing and estimating a household search model with on-the-job search and labor supply. We find that ignoring the household as a decision-making unit has relevant empirical consequences. In estimation, the individual search model implies gender wage offer differentials almost twice as large as the household search model. In the application, the individual search model implies female lifetime inequality 30% lower than the household search model. Labor market policy effects on lifetime inequality are also sensitive to the specification.