Peichl, Andreas; Siegloch, Sebastian - In: Labour Economics 19 (2012) 1, pp. 129-138
When assessing the effects of policy reforms on the labor market, most studies only focus on labor supply. The … interaction of supply and demand is not explicitly modeled, which might lead to biased estimates of potential labor market … behavior and feed them into a structural labor supply model, completing the partial analysis of the labor market on the …