Table 5 Exogenous parameters and functional forms in the baseline model
From: Discrimination in a search and matching model with self-employment
Parameter | Calibration value | |
|---|---|---|
| Â | Without discrimination | With discrimination |
r | 0.09 | 0.09 |
b | 0 | 0 |
m(θ) | 4θ0.5 | 4θ0.5 |
α | 1 | 1 |
q s | 0.29 | 0.29 |
q e | 0.35 | 0.35 |
c | 0.3 | 0.3 |
γ | 0.5 | 0.5 |
N | 1 | 1 |
Ï€ | 0.5 | 0.5 |
λ | 0 | 0.5 |