Search Models and Applied Labor Economics
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Search Models and Applied Labor Economics by Nicholas M. Kiefer
Book DescriptionThis 1989 collection of papers marks the development of empirical application of the search approach to labor economics - an approach which arose as a theoretical development of the 1960s and led to numerous insights in the 1970s. The search approach naturally incorporates uncertainty in the economic model, making up some of the early work in what is now called 'the economics of information'. Included are econometric issues such as estimation and specification of search models for wages and unemployment duration, continuous time models of turnover, and identification of structural parameters. Applications to policy questions including Unemployment Insurance and wage subsidy programs are given, and data collection issues are discussed within the search framework.
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Book DetailsISBN: 9780521360531
(228mm x 152mm x 19mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 24-Feb-1989
Country of Publication: United Kingdom
Books By Author Nicholas M. Kiefer
Economic Modeling and Inference, Hardback (March 2009)
Takes econometrics to a fresh level by demonstrating how to combine modern economic theory with the statistical inference methods to get the most out of economic data. This title draws applications from both microeconomics and macroeconomics, paying special attention to financial and labor economics.
Search Models and Applied Labor Economics, Paperback (March 2006)
This 1989 collection of papers marks the development of empirical application of the search approach to labor economics.
Empirical Labor Economics, Hardback (May 1991)» View all books by Nicholas M. Kiefer
This volume defines the economics of search, which has become a part of the standard graduate curriculum. The concept deals with the costs and benefits to individual workers - either employed or unemployed - of seeking a job with the highest possible pay.
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