Equilibrium Search Models and The Transition from School to Work

Audra Bowlus (), Nicholas Kiefer () and G.R. Neumann ()
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G.R. Neumann: University of Iowa

Working Papers from University of Iowa, Department of Economics

Abstract: This paper applies an equilibrium search to study the transition from schooling to work of US high school graduates. We consider the case where there is heterogeneity in firm productivity and the number of firm types is discrete. For this case the estimation problem is non-standard and the likelihood function is non-differentiable.

Keywords: ECONOMIC EQUILIBRIUM; ECONOMIC MODELS; JOB SEARCHING; WAGES; STATISTICS (search for similar items in EconPapers)
JEL-codes: C41 J3 J64 (search for similar items in EconPapers)
Pages: 43 pages
Date: 1997
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Citations: View citations in EconPapers (8)

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Related works:
Journal Article: Equilibrium Search Models and the Transition from School to Work (2001)
Working Paper: Equilibrium Search Models and The Transition from School to Work (1997)
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Persistent link: https://EconPapers.repec.org/RePEc:uia:iowaec:97-05

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