The econometric method in the C. Flinn and J. Heckman (1982) study for estimating a Markovian model of search unem ployment and job tenure is further augmented by introducing a possibi lity that jobs may differ by separation rates or nonwage attributes. A set of reservation wages is obtained as a solution to the value fun ctions. Differences in reservation wages estimate the compensating no nwage utility differentials among jobs. The unemployment spell distri bution is characterized as one of competing risk based on which type of job is finally accepted. The model is implemented using data from the Employment Opportunities Pilot Project. Copyright 1988 by MIT Press.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
Related research
Keywords:
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)