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A Note on the Estimation of Job Amenities and Labor Productivity

Author

Listed:
  • Arnaud Dupuy

    (CREA, Université du Luxembourg)

  • Alfred Galichon

    (New York University, USA and Toulouse School of Economics, France)

Abstract

This note introduces a maximum likelihood estimator of the value of job amenities and labor productivity in a single matching market based on the observation of equilibrium matches and wages. The estimation procedure simultaneously fits both the matching patterns and the wage curve. Our estimator is suited for applications to a wide range of assignment problems.

Suggested Citation

  • Arnaud Dupuy & Alfred Galichon, 2017. "A Note on the Estimation of Job Amenities and Labor Productivity," DEM Discussion Paper Series 17-14, Department of Economics at the University of Luxembourg.
    • Handle: RePEc:luc:wpaper:17-14
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    References listed on IDEAS

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    Cited by:

    1. Arnaud Dupuy & Alfred Galichon & Sonia Jaffe & Scott Duke Kominers, 2020. "Taxation In Matching Markets," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 61(4), pages 1591-1634, November.

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    More about this item

    Keywords

    Matching; Observed transfers; Structural estimation; Value of job amenities; Value of productivity;
    All these keywords.

    JEL classification:

    • C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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