Fitting Equilibrium Search Models to Labour Market Data.

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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Year of publication:	1996
Authors:	Bowlus, A.J. ; Kiefer, N.M. ; Neumann, G.R.
Institutions:	School of Economics and Management, Institut for Økonomi
Subject:	ECONOMIC EQUILIBRIUM \| DYNAMIC PROGRAMMING \| MAXIMUM LIKELIHOOD

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Series:	Centre for Labour Market and Social Research, Danmark-.
Type of publication:	Book / Working Paper
Notes:	22 pages
Classification:	J20 - Time Allocation; Work Behavior; Employment Determination and Creation. General ; J60 - Mobility, Unemployment, and Vacancies. General ; C50 - Econometric Modeling. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005783421