Abstracts
| Date | 01 July 2000 |
| Published date | 01 July 2000 |
| DOI | http://doi.org/10.1111/1468-0084.00174 |
OXFORD BULLETIN
of
ECONOMICS and STATISTICS
Volume 62 July 2000 No. 3
OXFORD BULLETIN OF ECONOMICS AND STATISTICS, 62, 3 (2000)
ABSTRACTS
Semi-Nonparametric Estimation of an Equilibrium Search Model
Pierre Koning, Gerard J van den Berg, Gert Ridder
We specify and estimate an equilibrium job search model with productivity
differences across labour market segments. The model allows for twotypes of
unemployment:frictional unemployment due to search frictions and structural
unemployment due to wage ¯oors. Wage ¯oors exist because of high unem-
ployment bene®ts or binding minimum wages.The productivity distribution is
estimated semi-nonparametrically along the lines of Gallant-Nychka, using
Hermite series approximation. We decompose the total unemployment rate
and we examine the effectsof changes in the minimum wage.
Testing for Quasi-Market Forces in Secondary Education
Steve Bradley, Robert Crouchley, Jim Millington, Jim Taylor
This paper investigates the effect of introducing quasi-market forces into
secondary education on the allocation of pupils between schools and on the
exam performance of pupils. A unique database is used which covers all
publicly-funded secondary schools in England over the period 1992±98. We
®nd several effects consistent with the operation of a quasi-market. Firstly,
new admissions are found to be positively related to a school's own exam
performance and negatively related to the exam performance of competing
schools. Secondly, a school's growth in pupil numbers is positively related
to its exam performance compared to its immediate competitors. Thirdly,
there is strong evidence that schools experiencing an excess demand for
323
#Blackwell Publishers Ltd, 2000. Published by Blackwell Publishers, 108 Cowley Road, Oxford
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