A Search Model Applied to the Transition from Education to Work

Publisher Website
Google Scholar
Abstract
This paper presents the specification and estimation of a search model applied to the transition from education to work. The theoretical search model includes the possibility of variable search intensity. The empirical model with a reservation wage relation is estimated using maximum likelihood methods. A data set containing information on new law graduates is used for the estimation. Finally, the model is estimated for two separate subperiods to investigate the effects of market changes.

This publication has 0 references indexed in Scilit: