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Title: Estimating Mobility Rates in Search Models with Initial Condition Problems
Resulting in 1 citation.
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Barlevy, Gadi Nagaraja, H.N. |
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Estimating Mobility Rates in Search Models with Initial Condition Problems Review of Economic Dynamics 13,4 (October 2010): 780-799. Also:http://www.sciencedirect.com/science/article/pii/S1094202509000672 Cohort(s): NLSY79 Publisher: Society for Economic Dynamics Keyword(s): Job Search; Job Tenure; Job Turnover; Mobility; Modeling, Hazard/Event History/Survival/Duration; Wage Differentials; Wage Growth Permission to reprint the abstract has not been received from the publisher. Previous empirical work on job search has proposed different approaches to estimating mobility rates assumed in models of search. However, these methods either only work for specific models of wage determination, or else require that we know the initial distribution of productivity for workers in our sample. In this paper we show it is possible to estimate mobility rates without having to restrict attention to models in which wages are constant over the course of a job or to assume that the initial distribution of productivity is known. More generally, the approach we propose allows us to freely estimate one degree of unobserved heterogeneity, be it in initial conditions or mobility rates. Applying our results to data from the NLSY suggests that the theoretical restrictions on the initial distribution of productivity implied by the standard model can overstate the extent of frictions to upward mobility. |
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Bibliography Citation
Barlevy, Gadi and H.N. Nagaraja. "Estimating Mobility Rates in Search Models with Initial Condition Problems ." Review of Economic Dynamics 13,4 (October 2010): 780-799. Also:http://www.sciencedirect.com/science/article/pii/S1094202509000672.
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