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Journal of Labor Economics Vol. 7 No. 3 1989

Estimating a Simultaneous Search Model

Steven Stern

Abstract

The primary goal of this article is to specify and estimate a structural simultaneous search model and then determine the empirical importance of simultaneous search. The results indicate that new labor force entrants search simultaneously. A secondary goal is to identify and estimate job offer arrival rates and wage offer rejection probabilities separately. The results indicate that a significant portion of unemployment spells are caused by slow arrival rates, but policies intended to speed arrival rates would increase the average length of unemployment spells.

DOI
10.1086/298212
Volume
7
Issue
3
Pages
348-369
Language
en
Sources
openalex crossref

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