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Title: Structural models of the labor market in the presence of search frictions
Author: Bradley , Jake
ISNI:       0000 0004 5923 3132
Awarding Body: University of Bristol
Current Institution: University of Bristol
Date of Award: 2014
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This thesis consists of three independent research projects aimed at gaining a better understanding of the mechanisms underlying labor markets. The unifying themes of the thesis are the theoretical modeling and estimation approaches, which are similar in all three chapters. In the first chapter, co-authored with Helene Turon and Fabien Postel-Vi nay, we develop and estimate a structural model that incorporates a sizable public sector in a labor market with search frictions. The wage distribution and the employment rate in the public sector are taken as exogenous policy parameters. The model is estimated on British data. We use the model to simulate the impact of various counterfactual public sector wage and employment policies. The next chapter, co-authored with Daniel Borowczyk-Martins and Linas Tarasonis, assesses racial prejudice as a source to explain employment and wage differentials between white and black workers. We estimate the model with US data using methods of indirect inference. Finally, I develop and estimate a general equilibrium model with the option of taking up self-employment. The model incorporates self-employed workers, some of whom hire paid employees, in an equilibrium model of the labor market. Employment rates and earnings distributions are determined endogenously and are estimated to match their empirical counterparts. The model is estimated using the British Household Panel Survey (BHPS)
Supervisor: Not available Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID:  DOI: Not available