This 1989 collection of papers marks the development of empirical
application of the search approach to labor economics - an approach
which arose as a theoretical development of the 1960s and led to
numerous insights in the 1970s. The search approach naturally
incorporates uncertainty in the economic model, making up some of
the early work in what is now called 'the economics of
information'. Included are econometric issues such as estimation
and specification of search models for wages and unemployment
duration, continuous time models of turnover, and identification of
structural parameters. Applications to policy questions including
Unemployment Insurance and wage subsidy programs are given, and
data collection issues are discussed within the search framework.
General
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