Please use this identifier to cite or link to this item:
Launov, Andrey
Wolf, Joachim
Year of Publication: 
Series/Report no.: 
W.E.P. - Würzburg Economic Papers No. 65
University of Würzburg, Department of Economics, Würzburg
We demonstrate that non-monotone behaviour of the right tail of earnings density may lead to the fact that nonparametric estimation of the Bontemps et al. (2000) equilibrium search model with employer heterogeneity does not yield consistent estimates. We propose an easy way of checking whether the Bontemps et al. (2000) estimation procedure can be applied and review the robustness of the alternative strategy once the Bontemps et al. (2000) procedure is inapplicable.
Document Type: 
Working Paper

Files in This Item:
321.56 kB

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.