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Journal Articles International Economic Review Year : 2000

Equilibrium search with continuous productivity dispersion: theory and nonparametric estimation

Abstract

In this article we develop an equilibrium search model with a continuous distribution of firm productivity types within a given labor market. We characterize equilibrium, derive expressions for the endogenous equilibrium wage distributions, and characterize the set of wage distributions that can be generated by the model. We develop a structural nonparametric estimation method for the productivity distribution. We estimate the model using French longitudinal survey data on labor supply, and we compare the results with those from a French panel data set of firms. The results are informative on the degree to which firms exploit search frictions.
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hal-03416494 , version 1 (05-11-2021)

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Christian Bontemps, Jean-Marc Robin, Gérard van den Berg. Equilibrium search with continuous productivity dispersion: theory and nonparametric estimation. International Economic Review, 2000, 41 (2), pp.305 - 358. ⟨hal-03416494⟩
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