Structural and Frictional Unemployment in an Equilibrium Search Model with Heterogeneous Agents PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Structural and Frictional Unemployment in an Equilibrium Search Model with Heterogeneous Agents PDF full book. Access full book title Structural and Frictional Unemployment in an Equilibrium Search Model with Heterogeneous Agents by Pierre W. Koning. Download full books in PDF and EPUB format.
Author: Pierre W. Koning
Publisher:
ISBN:
Category :
Languages : en
Pages : 24
Get Book Here
Book Description
Author: Pierre W. Koning
Publisher:
ISBN:
Category :
Languages : en
Pages : 24
Get Book Here
Book Description
Author: Stephen A. Woodbury
Publisher: Springer Science & Business Media
ISBN: 9401002355
Category : Business & Economics
Languages : en
Pages : 244
Get Book Here
Book Description
Search Theory and Unemployment contains nine chapters that survey and extend the theory of job search and its application to the problem of unemployment. The volume ranges from surveys of job search theory that take microeconomic and macroeconomic perspectives to original theoretical contributions which focus on the externalities arising from non-sequential search and search under imperfect information. It includes a clear and authoritative survey of econometric methods that have been developed to estimate models of job search, as well as two lucid contributions to the empirical search literature. Finally, it includes a study that reviews and extends the literature on optimal unemployment insurance and concludes with an appraisal of the influence of search theory on the thinking of macroeconomic policymakers.
Author: Eran Yashiv
Publisher:
ISBN:
Category : Equilibrium (Economics)
Languages : en
Pages : 84
Get Book Here
Book Description
Author: Joao Gomes
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 58
Get Book Here
Book Description
A search-theoretic general equilibrium model of frictional unemployment is shown to be consistent with some of the key regularities of unemployment over the business cycle. In the model the return to a job moves stochastically. Agents can choose either to quit and search for a better job, or continue working. Search generates job offers that agents can accept or reject. Two distinguishing features of current work relative to the existing business cycle literature on labor market fluctuations are: (i) the decision to accept or reject jobs is modeled explicitly, and (ii) there is imperfect insurance against unemployment.
Author: Giovanni Sulis
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
This paper provides a structural estimation of an equilibrium search model with on-the-job search and heterogeneity in firms' productivities using a sample of Italian male workers. Results indicate that arrival rates of offers for workers are higher when unemployed than when employed and firms exploit their monopsony power when setting wages. As a result, workers earn far less than their marginal product. The model is then used to study regional labour market differentials in Italy. Wide variation in frictional transition parameters across areas helps to explain persistent unemployment and wage differentials.
Author: Pierre Koning
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
We specify and estimate an equilibrium job search model with productivity differences across labor market segments. The model allows for two types of unemployment: frictional unemployment due to search frictions and structural unemployment due to wage floors. Wage floors exist because of high unemployment benefits or binding minimum wages. The productivity distribution is estimated semi-nonparametrically along the lines of Gallant-Nychka, using Hermite series approximation. We decompose the total unemployment rate and we examine the effects of changes in the minimum wage.
Author: Carl Davidson
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
Author: David M. Lilien
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Author: Econometric Society. World Congress
Publisher: Cambridge University Press
ISBN: 9780521589819
Category : Business & Economics
Languages : en
Pages : 348
Get Book Here
Book Description
This book is the third of three volumes containing papers presented at the Seventh World Congress of the Econometric Society. The papers summarize and interpret key recent developments and discuss current and future directions in a wide range of topics in economics and econometrics. They cover both theory and applications. Authored by leading specialists in their fields these volumes provide a unique survey of progress in the discipline.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 40
Get Book Here
Book Description
