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We show that equilibrium matching models imply that standard estimates of the matching function elasticities are exposed to an endogeneity bias, which arises from the search behavior of agents on either side of the market. We offer an estimation method which, under certain assumptions, is immune...
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This paper provides a method to infer the presence of treatment spillovers within markets where a fraction of agents is treated. We model individual outcomes as functions of the assigned treatment status and the distribution of assigned treatments in a market. We develop a two-step...
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Abstract Job characteristics can affect worker turnover through their effect on utility and through their effect on outside job opportunities. We separately identify and estimate the roles of these two channels. Our method exploits information on job changes and relies on an augmented sample...
Persistent link: https://www.econbiz.de/10011084435
This paper implements a method to identify and estimate treatment effects in a dynamic setting where treatments may occur at any point in time. By relating the standard matching approach to the timing-of-events approach, it demonstrates that effects of the treatment on the treated at a given...
Persistent link: https://www.econbiz.de/10004992796
This paper takes a partial equilibrium on-the-job search model to a decade (1996-2006) of repeated cross-sections from the U.S. Current Population Survey. Each month, a set of parameters ruling worker mobility between labor market states and along the wage ladder is estimated using wage...
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