Identification of Search Models with Initial Condition Problems / Gadi Barlevy, H.N. Nagaraja.

Format:

Book

Author/Creator:

Barlevy, Gadi.

Contributor:

National Bureau of Economic Research.

Nagaraja, H.N.

Series:

Working Paper Series (National Bureau of Economic Research) no. w12166.

NBER working paper series no. w12166

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2006.

Summary:

This paper extends previous work on the identification of search models in which observed worker productivity is imperfectly observed. In particular, it establishes that these models remain identified even when employment histories are left-censored (i.e. we do not get to follow workers from their initial job out of unemployment), as well as when workers set different reservation wages from one another. We further show that allowing for heterogeneity in reservation can affect the empirical estimates we obtain, specifically estimates of the rate at which workers receive job offers.

Notes:

Print version record

April 2006.