Economics 816: Search

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Topics Discussed in Class

• Basic Search Model and Small Deviations
• Deterministic Matching Models
• Jovanovic Matching Model
• Equilibrium Search Models
• Survival Analyis
• Structural Estimation of Search Models

Notes

Homework 4

Homework 4a

Readings Discussed in Class (in order of discussion):

• Burdett, K. and K. Judd. (1983). "Equilibrium Price Dispersion." Econometrica. 51(4): 955-969.
• Sargent, Thomas, "Search." from his textbook.
• Flinn, Chris and James Heckman. (1982). "New Methods for Analyzing Structural Models of Labor Force Dynamics." Journal of Econometrics. 18(1): 115-168.
• Heckman, James and Burton Singer (1984). "A Method for Minimizing the Impact of Distributional Assumptions in Econometric Models for Duration Data." Econometrica. 52(2): 271-320.
• Canals-Cerda, Jose, and Steven Stern (1996). "Empirical Search Models." to appear in Search Theory and Unemployment: Theory, Empiricism, and Policy.

Extra readings

• Heckman and Singer (1984). "Econometric Duration Analysis." Journal of Econometrics. 24(1): 63-132.
• Jovanovic, Boyan (1979). "Job Matching and the Theory of Turnover." Journal of Political Economy. 87(5): 972-990.
• Kiefer, Nicholas and George Neumann (1979). "An Empirical Job Search Model with a Test of the Constant Reservation Wage Hypothesis." Journal of Political Economy. 87(1): 89-107.
• Rothschild, Michael (1973). "Models of Market Organization with Imperfect Information: A Survey." Journal of Political Economy. 81(6): 1283-1308.

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