|
EconStor >
Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/20046
|
| | |
| Title: | | A Study of the Austrian Labor Market Dynamics Using a Model of Search Equilibrium  |
| Authors: | | Launov, Andrey |
| Issue Date: | | 2003 |
| Series/Report no.: | | IZA Discussion paper series 801 |
| Abstract: | | In this work we provide a theoretical overview of a search equilibrium model with continuous productivity dispersion and perform its estimation for the Austrian data. We describe empirically the dynamics of market equilibrium outcomes. Special emphasis is made on the analysis of changes in labour mobility and dependence of expected job durations on offered wages. We investigate the influence of excessive labour mobility on the equilibrium profits of firms. Facing a problem of top-coded wage data, we suggest an appropriate adjustment of the existing estimation methodology. Finally, we extend the econometric model for the observed heterogeneity of agents. |
| Subjects: | | search equilibrium nonparametric estimation top-coded wages |
| JEL: | | J64 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/20046
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|