论文信息 - Structural and Frictional Unemployment in an Equilibrium Search Model with Heterogeneous Agents

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

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.

[1] Stephen Nickell,et al. Modelling the process of job search , 1985 .

[2] Gerard J. van den Berg,et al. An empirical equilibrium search model of the labour market , 1998 .

[3] G. J. Berg. A STRUCTURAL DYNAMIC ANALYSIS OF JOB TURNOVER AND THE COSTS ASSOCIATED WITH MOVING TO ANOTHER JOB , 1992 .

[4] D. Wise,et al. Discontinuous Distributions and Missing Persons: The Minimum Wage and Unemployed Youth , 1981 .

[5] Geert Ridder,et al. The Distribution of Single-Spell Duration Data , 1984 .

[6] J. Heckman,et al. New Methods for Analyzing Structural Models of Labor Force Dynamics , 1982 .

[7] G. J. van den Berg,et al. Search Behaviour, Transitions to Nonparticipation and the Duration of Unemployment , 1990 .

[8] Zvi Eckstein,et al. ESTIMATING A MARKET EQUILIBRIUM SEARCH MODEL FROM PANEL DATA ON INDIVIDUALS , 1990 .

[9] G. Ridder,et al. Estimating an equilibrium search model from wage data , 1993 .

[10] D. Wise,et al. The Effects of the Minimum Wage on the Employment and Earnings of Youth , 1983, Journal of Labor Economics.

[11] G. V. D. Berg,et al. Nonstationarity in job search theory , 1990 .

[12] A. Soest. Minimum wage rates and unemployment in The Netherlands , 1989 .

[13] Dale T. Mortensen,et al. Chapter 15 Job search and labor market analysis , 1986 .

[14] David Card,et al. Minimum Wages and Employment: A Case Study of the Fast Food Industry in New Jersey and Pennsylvania , 1993 .