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Fitting Equilibrium Search Models to Labour Market Data

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Author Info
Bowlus, A.J.
Kiefer, N.M.
Neumann, G.R.

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Abstract

Specification and extimation of a burdett-mortensen type equilibrium search model is considered. The estimation problem is nonstandard. An estimation strategy asymptotically equivalent to maximum likelihood is proposed and applied.

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Publisher Info
Paper provided by Centre for Labour Market and Social Research, Danmark- in its series Papers with number 96-02.

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Length: 22 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:fth:clmsre:96-02

Contact details of provider:
Postal: Danmark; Centre for Labour Market and Social Research. Science Park Aarhus Wieds Vej 10C, 8000 Aarhus C, Danmark
Phone: +45 8942 2350
Fax: +45 8942 2365
Email:
Web page: http://www.cls.dk/
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Related research
Keywords: ECONOMIC EQUILIBRIUM; DYNAMIC PROGRAMMING; MAXIMUM LIKELIHOOD;

Other versions of this item:

Find related papers by JEL classification:
J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
J60 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - General
C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General

Cited by:
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  1. Pedersen, Peder J. & Smith, Nina, 2001. "International Migration and Migration policy in Denmark," CLS Working Papers 01-5, University of Aarhus, Aarhus School of Business, Centre for Labour Market and Social Research. [Downloadable!]
  2. Tomi Kyyrä, 2001. "Estimating Equilibrium Search Models from Finnish Data," Discussion Papers 256, Government Institute for Economic Research Finland (VATT). [Downloadable!]
    Other versions:
  3. Westergaard-Nielsen, Niels, 2001. "Danish Labour Market Policy: Is it worth it?," CLS Working Papers 01-10, University of Aarhus, Aarhus School of Business, Centre for Labour Market and Social Research. [Downloadable!]
  4. Ortega, Jaime, 2000. "Job Rotation as a Mechanism for Learning," CLS Working Papers 00-4, University of Aarhus, Aarhus School of Business, Centre for Labour Market and Social Research. [Downloadable!]
    Other versions:
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This page was last updated on 2009-11-20.

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