An Empirical Equilibrium Job Search Model With Search on the Job and Heterogeneous Workers and Firms

Christian Bontemps , Jean-Marc Robin (1, 2) , Gérard J. van den Berg

1 CREST - Centre de Recherche en Économie et Statistique
2 LEA - Laboratoire d'Economie Appliquée

In this article we present and estimate a synthesis of previous equilibrium search models, allowing for continuous distributions of workers' opportunity costs of employment as well as firms' productivities. The model allows for on-the-job search, and we assume that job offer arrival rates for workers are independent of their labor-market state. We derive the theoretical implications of these assumptions, we provide simulations, and we develop a semiparametric estimation procedure that we apply to a dataset of individual labor-market histories.

Mots clés: Empirical Equilibrium Job Search Model

Domaines: Economies et finances

Christian Bontemps, Jean-Marc Robin, Gérard J. van den Berg. An Empirical Equilibrium Job Search Model With Search on the Job and Heterogeneous Workers and Firms. International Economic Review, 1999, 40 (4), pp.1039-1074. ⟨10.1111/1468-2354.00052⟩. ⟨hal-00357757⟩