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Search Models and Duration Data

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  • George R. Neumann

    (University of Iowa)

Abstract

SEARCH MODELS AND DURATION DATA By George R. Neumann* Contents 1. Introduction p. 1 2. Duration Distributions p. 3 2.1 Survivor, density, and hazard functions 2.2 Censoring Mechanisms 2.3 Nonparametric estimation 2.4 Parametric estimation 2.5 Sampling Issues 3. Econometric Models for Durations p. 17 3.1 Parametric Specifications 3.1a Specification Tests 3.2 Semiparametric Specifications 3.2.a Proportional Hazard Models 3.2.b Accelerated Failure Time Models 3.2.c Specification Tests 3.2.d Semiparametric Estimation of Strike Durations 3.3 Time Varying Covariates 3.4 Unmeasured Heterogeneity 4. Search Theory and Duration Models p. 46 4.1 Search Theory 4.2 First Generation Search Models 4.3 Second Generation Search Models 4.4 Multiple State Duration Models 4.5 Equilibrium Search Models 5. Summary p. 71 6. References p. 73

Suggested Citation

  • George R. Neumann, 1995. "Search Models and Duration Data," Labor and Demography 9511001, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpla:9511001
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    References listed on IDEAS

    as
    1. Christensen, Bent Jesper & Kiefer, Nicholas M., 1991. "The Exact Likelihood Function for an Empirical Job Search Model," Econometric Theory, Cambridge University Press, vol. 7(4), pages 464-486, December.
    2. Bowlus, Audra J & Kiefer, Nicholas M & Neumann, George R, 1995. "Estimation of Equilibrium Wage Distributions with Heterogeneity," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 10(S), pages 119-131, Suppl. De.
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    4. Devine, Theresa J. & Kiefer, Nicolas M., 1991. "Empirical Labor Economics: The Search Approach," OUP Catalogue, Oxford University Press, number 9780195059366.
    5. Bergstrom, R & Edin, P-A, 1992. "Time Aggregation and the Distributional Shape of Unemployment Duration," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 7(1), pages 5-30, Jan.-Marc.
    6. repec:cup:etheor:v:7:y:1991:i:4:p:464-86 is not listed on IDEAS
    7. Atkinson, A. B. & Gomulka, J. & Micklewright, J. & Rau, N., 1984. "Unemployment benefit, duration and incentives in Britain : How robust is the evidence?," Journal of Public Economics, Elsevier, vol. 23(1-2), pages 3-26.
    8. Anderson, Patricia M & Meyer, Bruce D, 1993. "Unemployment Insurance in the United States: Layoff Incentives and Cross Subsidies," Journal of Labor Economics, University of Chicago Press, vol. 11(1), pages 70-95, January.
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    10. Albrecht, James W & Axell, Bo, 1984. "An Equilibrium Model of Search Unemployment," Journal of Political Economy, University of Chicago Press, vol. 92(5), pages 824-840, October.
    11. Diamond, Peter A., 1971. "A model of price adjustment," Journal of Economic Theory, Elsevier, vol. 3(2), pages 156-168, June.
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    Cited by:

    1. Furmanov, Kirill, 2009. "On Measurement of the Average Unemployment Duration using Russian Longitudinal Monitoring Survey data," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 14(2), pages 74-99.

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