An Empirical Equilibrium Job Search Model With Search on the Job and Heterogeneous Workers and Firms

Christian Bontemps, Jean-Marc Robin and Gerard van den Berg

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Abstract: In this article we present and estimate a synthesis of previous equilibrium search models, allowing for continuous distributions of workers' opportunity costs of employment as well as firms' productivities. The model allows for on-the-job search, and we assume that job offer arrival rates for workers are independent of their labor-market state. We derive the theoretical implications of these assumptions, we provide simulations, and we develop a semiparametric estimation procedure that we apply to a dataset of individual labor-market histories.

Keywords: Empirical; Equilibrium; Job; Search; Model (search for similar items in EconPapers)
Date: 1999
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Citations: View citations in EconPapers (153)

Published in International Economic Review, 1999, 40 (4), pp.1039-1074. ⟨10.1111/1468-2354.00052⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00357757

DOI: 10.1111/1468-2354.00052

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