Equilibrium search models: the role of the assumptions

J. Ignacio Garcia-Perez ()
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J. Ignacio Garcia-Perez: Universitat Pompeu Fabra, https://www.upf.es
Authors registered in the RePEc Author Service: J. Ignacio García Pérez ()

Investigaciones Economicas, 2002, vol. 26, issue 2, 255-284

Abstract: This paper presents a survey of the most recent literature about Equilibrium Search Models with wage posting. Starting with the basic Burdett and Mortensen (1998) model. I describe the main consequences of departing from its two main assumptions: random matching and a linear production function. I show how the specific modeling of either the production or the matching technology can affect the results regarding the distribution function of offered wages. The main empirical results from the structural estimations of these models are also introduced and discussed. (Copyright: Fundación Empresa Pública)

Keywords: Equilibrium Search; random and balanced matching; returns to scale (search for similar items in EconPapers)
JEL-codes: D83 J64 (search for similar items in EconPapers)
Date: 2002
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Related works:
Working Paper: Equilibrium Search Models: The Role of the Assumptions (1999)
Working Paper: Equilibrium Search Models: the Role of the Assumptions (1999)
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