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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Applications and Interviews. A Structural Analysis of Two-Sided Simultaneous Search | |
Ronald P. Wolthoff | |
发表日期 | 2011 |
出处 | Economy and Society |
出版年 | 2011 |
语种 | 英语 |
摘要 | Much of the job search literature assumes bilateral meetings between workers and firms. This ignores the frictions that arise when meetings are actually multilateral. I analyze the magnitude of these frictions by presenting an equilibrium job search model with an endogenous number of contacts. Workers contact firms by applying to vacancies, whereas firms contact applicants by interviewing them. Sending applications and interviewing applicants are costly activities but increase the probability to match. In equilibrium, contract dispersion arises and workers spread their applications over the different contract types. Estimation of the model on the Employment Opportunities Pilot Projects data set provides values for the cost of an application, the cost of an interview, and the value of non-market time. Frictions on the worker and the firm side are estimated to each cause approximately half of the 4.7% output loss compared to a Walrasian world. I show that in the estimated equilibrium welfare is improved if unemployed workers increase their search intensity. |
特色分类 | J64;J31;D83 |
关键词 | Directed Search Recruitment Stable Matching Labor Market Frictions Structural Estimation Efficiency Policy Analysis |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/applications-and-interviews-a-structural-analysis-of-two-sided-simultaneous-search/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117921 |
推荐引用方式 GB/T 7714 | Ronald P. Wolthoff. Applications and Interviews. A Structural Analysis of Two-Sided Simultaneous Search. 2011. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
201111251233161Nota_(71KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
201111251233264NDL20(523KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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