Economics at your fingertips  

Structural and Frictional Unemployment in an Equilibrium Search Model with Heterogeneous Agents

Pierre Koning (), Geert Ridder () and Gerard van den Berg

Journal of Applied Econometrics, 1995, vol. 10, issue S, S133-51

Abstract: We specify and estimate an equilibrium search model with between-market heterogeneity in the productivity levels. The model allows for two types of unemployment: unemployment due to search frictions and unemployment due to wage floors. Wage floors may exist, because of large unemployment benefits or a binding (mandatory) minimum wage. Using data on labor market histories for a sample of Dutch workers, we decompose the total unemployment rate in a structural and frictional unemployment rate. We also discuss the effect of changes in the minimum wage. Copyright 1995 by John Wiley & Sons, Ltd.

Date: 1995
References: Add references at CitEc
Citations: View citations in EconPapers (35) Track citations by RSS feed

Downloads: (external link) ... 0.CO%3B2-G&origin=bc full text (application/pdf) Supporting data files and programs (text/html)
Access to full text is restricted to JSTOR subscribers. See for details.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from
http://www3.intersci ... e.jsp?issn=0883-7252

Access Statistics for this article

Journal of Applied Econometrics is currently edited by M. Hashem Pesaran

More articles in Journal of Applied Econometrics from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley-Blackwell Digital Licensing ().

Page updated 2020-04-27
Handle: RePEc:jae:japmet:v:10:y:1995:i:s:p:s133-51