Semi-Nonparametric Estimation of an Equilibrium Search Model

Pierre Konig, Gerard J van der Berg and Geert Ridder ()
Authors registered in the RePEc Author Service: Gerard J. van den Berg

Economics Working Paper Archive from The Johns Hopkins University,Department of Economics

Abstract: 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 effect of changes in the minimum wage

Date: 2000-01
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:jhu:papers:424

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