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Title: Estimating a Simultaneous Search Model
Resulting in 1 citation.
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Stern, Steven |
Estimating a Simultaneous Search Model Journal of Labor Economics 7,3 (July 1989): 348-369. Also: http://www.jstor.org/stable/2535293 Cohort(s): NLSY79 Publisher: University of Chicago Press Keyword(s): Educational Attainment; Gender Differences; Job Search; Research Methodology; Simultaneity; Unemployment; Unemployment Duration; Wages; Wages, Reservation The primary goal of this work is to specify and estimate a structural simultaneous job search model and then determine the empirical importance of simultaneous search. The results indicate that new labor force entrants search simultaneously. A secondary goal is to identify and estimate job offer arrival rates and wage offer rejection probabilities separately. The results indicate that a significant portion of unemployment spells is caused by slow arrival rates, but policies intended to speed arrival rates would increase the average length of unemployment spells. |
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Bibliography Citation
Stern, Steven. "Estimating a Simultaneous Search Model." Journal of Labor Economics 7,3 (July 1989): 348-369.
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