Identification of search models with initial condition problems
By: Gadi Barlevy and H.N. Nagaraja
Contributors: Nagaraja, H. N. (Haikady Navada), 1954-; Federal Reserve Bank of Chicago. Research Department
Series: Working paper series -- WP-2006-3; Working paper series (Federal Reserve Bank of Chicago. Research Department : Online) -- WP-2006-3.
Publisher: Federal Reserve Bank of Chicago
Published: 2006
Place of publication: Chicago, Ill.]
Language: eng
Format: [electronic resource] /
Subjects: Job hunting; Econometric models; Labor productivity
Description: "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."--Federal Reserve Bank of Chicago web site.
Notes: Title from PDF file as viewed on 10/12/2006.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.