Arbeitspapier
Search Friction in the U.S. Labor Market
In this paper we determine the feasibility of using data from thePanel Study of Income Dynamics to estimate the Burdett-Mortensengeneral equilibrium search model. The data contain sufficientinformation on wages, labor force states, durations, and transitionsto generate estimates of the model's structural parameters. Ouranalysis compares the relative labor market search friction forblack and white male household heads. In general we find blacks facegreater search friction while unemployed than whites, but a similarlevel while employed. Within the model this finding impliessubstantial productivity differentials are needed to generate theblack-white wage differentials found in the data.
- Sprache
-
Englisch
- Erschienen in
-
Series: Tinbergen Institute Discussion Paper ; No. 98-113/3
- Klassifikation
-
Wirtschaft
- Thema
-
Arbeitsmarkt
Arbeitsuche
Informationskosten
Theorie
USA
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bowlus, Audra J.
Seitz, Shannon N.
- Ereignis
-
Veröffentlichung
- (wer)
-
Tinbergen Institute
- (wo)
-
Amsterdam and Rotterdam
- (wann)
-
1998
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bowlus, Audra J.
- Seitz, Shannon N.
- Tinbergen Institute
Entstanden
- 1998
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