Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/78639
Authors: 
van der Klaauw, Bas
van Vuuren, Aico
Berkhout, Peter
Year of Publication: 
2005
Series/Report no.: 
Working Paper, IFAU - Institute for Labour Market Policy Evaluation 2005:9
Abstract: 
In this paper we develop a structural model for job search behavior of students entering the labor market. The model includes endogenous search effort and on the job search. Since students usually do not start a regular job before graduation but start job search earlier, our model is not stationary. The model explains the common finding that a substantial share of individuals starts working immediately upon graduation. We estimate the model using a unique data set of individuals who completed undergraduate education in the Netherlands between 1995 and 2001. Our estimation results show that 1 percentage point decrease in unemployment rate increases wage offers on average with 3 percent and that there are substantial returns to work experience. Employment rates at graduation could be increased from 40 percent to 65 percent if alls students start job search 6 months prior to graduation.
Subjects: 
Job search behavior
structural model
JEL: 
J64
Document Type: 
Working Paper

Files in This Item:
File
Size
783.39 kB





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