MEASURING LABOR MARKET FRICTIONS: A CROSS-COUNTRY COMPARISON

被引:41
作者
Ridder, Geert [1 ]
van den Berg, Gerard J. [2 ,3 ,4 ]
机构
[1] Univ So Calif, Los Angeles, CA 90089 USA
[2] Free Univ Amsterdam, NL-1081 HV Amsterdam, Netherlands
[3] IFAU Uppsala, Uppsala, Sweden
[4] INSEE CREST, Louvain, Belgium
关键词
D O I
10.1162/154247603322256828
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this paper we define and estimate measures of labor market frictions using data on job durations. We compare different estimation methods and different types of data. We propose and apply an unconditional inference method that can be applied to aggregate duration data. It does not require wage data, it is invariant to the way in which wages are determined, and it allows workers to care about other job characteristics. The empirical analysis focuses on France, but we perform separate analyses for the United States of America, the United Kingdom, Germany, and the Netherlands. We quantify the monopsony power due to search frictions and we examine the policy effects of the minimum wage, unemployment benefits, and search frictions. (JEL: J63, J64)
引用
收藏
页码:224 / 244
页数:21
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