Imperfect Monitoring of Job Search: Structural Estimation and Policy Design

@inproceedings{Cockx2018ImperfectMO,
  title={Imperfect Monitoring of Job Search: Structural Estimation and Policy Design},
  author={Bart Cockx and Muriel Dejemeppe and Andrey Launov and Bruno Van der Linden},
  year={2018}
}
We build and estimate a non-stationary structural job search model that incorporates the main stylized features of a typical job search monitoring scheme in unemployment insurance (UI) and acknowledges that search effort and requirements are measured imperfectly. Based on Belgian data, monitoring is found to affect search behavior only weakly, because (i) assessments were scheduled late and infrequently; (ii) the monitoring technology was not sufficiently precise, (iii) lenient Belgian UI… CONTINUE READING
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