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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP3988 |
DP3988 Market Definition in the Telecoms Industry | |
Jordi Gual | |
发表日期 | 2003-07-23 |
出版年 | 2003 |
语种 | 英语 |
摘要 | In a non-stationary job search model we allow unemployed workers to have a permanent option to leave the labour force. Transitions into nonparticipation occur when reservation wages drop below the utility of being nonparticipant. Taking account of these transitions allows the identification of the duration dependence in the job offer arrival rate and the wage offer distribution. We estimate the structural model with individual data from the German Socio-Economic Panel and use simulated maximum likelihood. The results show that the presence of significant negative duration dependence in the wage offer distribution causes reservation wages to decrease. The rate at which job offers arrive is constant over the unemployment duration. These findings provide micro-evidence that the job search environment of unemployed workers is non-stationary because of loss of skills. |
主题 | Labour Economics |
关键词 | Endogenous nonparticipation Non-stationary job search Duration dependence Structural empirical analysis Simulated maximum likelihood Heterogeneity |
URL | https://cepr.org/publications/dp3988 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532965 |
推荐引用方式 GB/T 7714 | Jordi Gual. DP3988 Market Definition in the Telecoms Industry. 2003. |
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