Measuring Productivity Differences in Equilibrium Search Models
Gauthier Lanot and
G-R Neumann
Working Papers from Centre for Labour Market and Social Research, Danmark-
Abstract:
Equilibrium search models require unobserved heterogeneity in productivityto fit observed wage distribution data, but provide no guidance about the location parameter of the heterogeneity. In this paper we show that the location of the productivity heterogeneity implies a mode in a kernel density estimate of the wage distribution.
Keywords: STATISTICS; ECONOMIC EQUILIBRIUM; ECONOMIC MODELS; WAGES; LABOUR MARKET (search for similar items in EconPapers)
JEL-codes: C1 C4 J3 J4 (search for similar items in EconPapers)
Pages: 20 pages
Date: 1996
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Working Paper: Measuring Productivity Differences in Equilibrium Search Models (1996)
Working Paper: Measuring Productivity Differences in Equilibrium Search Models (1996) 
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Persistent link: https://EconPapers.repec.org/RePEc:fth:clmsre:96-12
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